{"id":29842,"date":"2017-08-08T13:25:02","date_gmt":"2017-08-08T13:25:02","guid":{"rendered":"https:\/\/www.edristi.in\/?p=29842"},"modified":"2017-08-08T13:25:02","modified_gmt":"2017-08-08T13:25:02","slug":"world-economic-outlook-update-july-2017","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/world-economic-outlook-update-july-2017\/","title":{"rendered":"World Economic Outlook Update, July 2017"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>Question: According to the &#8216;World Economic Outlook Update, July 2017&#8217; published by the International Monetary Fund on January 24th, 2017, growth rate of India for year 2017is estimated at\u2026 <\/strong><br \/>\n(a) 7.1<br \/>\n(b) 7.2<br \/>\n(c) 7.7<br \/>\n(d) 7.4<br \/>\n<strong>Answer- (a)<br \/>\nRelated facts:<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>On July 24th, 2017, the International Monetary Fund (IMF) has published the World Economic Outlook Update, July 2017.<\/li>\n<li>According to this update, the global growth rate in year 2016 was 3.2 percent and it predicts global growth of 3.5% in 2017 and 3.6% in 2018.<\/li>\n<li>India&#8217;s growth rate in 2016 was 7.1 percent which is expected to remain at 7.2 percent in 2017 and 7.7 percent in 2018.<\/li>\n<li>India has the highest growth rate (7.1 percent) amongst BRICS countries in the year 2016 followed by China (6.7 percent), South Africa (0.3 percent), Russia (-0.2 percent) and Brazil (-3.6 percent).<\/li>\n<li>Indian economy is expected to grow faster than other major emerging economies.<\/li>\n<li>India growth rate will continue to grow faster than China in 2017 as well as 2018.<\/li>\n<li>The growth rate of China is expected at 6.7 per cent in 2017 and 6.4 per cent in 2018.<\/li>\n<li>The growth rate of advanced economies was estimated at 1.7% in 2016, which is forecasted to accelerate to 2.0% in 2017 and 1.9% in 2018.<\/li>\n<li>In these estimates, the growth rate of United States was estimated at 1.6 percent in 2016, which is expected to be 2.1 percent in 2017 and 2018.<\/li>\n<li>The growth rate in the euro area was estimated at 1.8% in 2016, which is estimated to be 1.9% in 2017 and 1.7% in 2018.<\/li>\n<li>The growth rate of Emerging Markets and Developing Economics was estimated at 4.3 percentin 2016, which is estimated to be 4.6 percent in 2017 and 4.8 percent in 2018.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Reference:<\/strong><br \/>\n<a href=\"http:\/\/www.imf.org\/external\/mmedia\/view.aspx?vid=5516540946001\" target=\"_blank\" rel=\"noopener\">http:\/\/www.imf.org\/external\/mmedia\/view.aspx?vid=5516540946001<\/a><br \/>\n<a href=\"http:\/\/www.imf.org\/en\/Publications\/WEO\/Issues\/2017\/07\/07\/world-economic-outlook-update-july-2017\" target=\"_blank\" rel=\"noopener\">http:\/\/www.imf.org\/en\/Publications\/WEO\/Issues\/2017\/07\/07\/world-economic-outlook-update-july-2017<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question: According to the &#8216;World Economic Outlook Update, July 2017&#8217; published by the International Monetary Fund on January 24th, 2017, growth rate of India for year 2017is estimated at\u2026 (a) 7.1 (b) 7.2 (c) 7.7 (d) 7.4 Answer- (a) Related facts: On July 24th, 2017, the International Monetary Fund (IMF) has published the World Economic [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":29309,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1089],"tags":[2338],"class_list":["post-29842","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-enew","tag-economics"],"_links":{"self":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/29842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/comments?post=29842"}],"version-history":[{"count":0,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/29842\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media\/29309"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=29842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/categories?post=29842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/tags?post=29842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}