{"id":41052,"date":"2018-02-16T11:01:27","date_gmt":"2018-02-16T11:01:27","guid":{"rendered":"https:\/\/www.edristi.in\/?p=41052"},"modified":"2018-02-16T11:01:27","modified_gmt":"2018-02-16T11:01:27","slug":"estimates-economic-growth-hsbc","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/estimates-economic-growth-hsbc\/","title":{"rendered":"Estimates of economic growth of HSBC"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>Question: According to recently issued estimates of the growth by Hong-Kong Shanghai Banking Corporation, the growth percentage of Indian economy is likely to remain at which percentage for 2019-20?<\/strong><br \/>\n(a) 7.6 percent<br \/>\n(b) 7.8 percent<br \/>\n(c) 8.0 percent<br \/>\n(d) 7.5 percent<br \/>\n<strong>Answer: (a)<\/strong><br \/>\n<strong>Related Facts:<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>In January 2018, Hong-Kong Shanghai Banking Corporation (HSBC) released the growth prospects of the Indian economy.<\/li>\n<li>According to this, the growth rate of India&#8217;s GDP is likely to increase from 6.5 percent to 7.0 percent of current fiscal in 2018-19.<\/li>\n<li>It is likely to become 7.6 percent in 2019-20.<\/li>\n<li>In the recent possibilities, the development of India by HSBC has been described in two short-term parts.<\/li>\n<li>The first part includes slowdown and gradual improvement during the short term of 2018 and 2019.<\/li>\n<li>These improvements have been achieved as gradual improvement after the interruption related to the implementation of GST.<\/li>\n<li>The second part is of bright growth prospects in mid-term (2020 and later).<\/li>\n<li>The benefits of recent structural reforms are visible in this section.<\/li>\n<li>According to HSBC, the growth rate of the Indian economy is estimated at 6.5 percent in the year 2017-18.<\/li>\n<li>According to HSBC, inflation will continue to remain around 4% targeted by RBI as soon as the effect of the transient factors decreases.<\/li>\n<li>HSBC has estimated inflation at an average of 3.4 percent during the financial year 2018.<\/li>\n<li>However, at the end of the financial year in March, it is estimated to be 4.3 percent.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Reference:<\/strong><br \/>\n<a href=\"http:\/\/www.moneycontrol.com\/news\/business\/economy\/gdp-growth-in-india-to-accelerate-over-coming-year-hsbc-2473413.html\" target=\"_blank\" rel=\"noopener\">http:\/\/www.moneycontrol.com\/news\/business\/economy\/gdp-growth-in-india-to-accelerate-over-coming-year-hsbc-2473413.html<\/a><br \/>\n<a href=\"http:\/\/www.btvi.in\/article\/read\/economy\/48426\/gdp-growth-in-india-to-accelerate-over-coming-year\u2013hsbc\" target=\"_blank\" rel=\"noopener\">http:\/\/www.btvi.in\/article\/read\/economy\/48426\/gdp-growth-in-india-to-accelerate-over-coming-year\u2013hsbc<\/a><br \/>\n<a href=\"https:\/\/www.deccanchronicle.com\/business\/economy\/020118\/gdp-growth-in-india-to-accelerate-over-coming-year-hsbc.html\" target=\"_blank\" rel=\"noopener\">https:\/\/www.deccanchronicle.com\/business\/economy\/020118\/gdp-growth-in-india-to-accelerate-over-coming-year-hsbc.html<\/a><br \/>\n<a href=\"https:\/\/www.businesstoday.in\/pti-feed\/gdp-growth-in-india-to-accelerate-over-coming-year-hsbc\/story\/267144.html\" target=\"_blank\" rel=\"noopener\">https:\/\/www.businesstoday.in\/pti-feed\/gdp-growth-in-india-to-accelerate-over-coming-year-hsbc\/story\/267144.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question: According to recently issued estimates of the growth by Hong-Kong Shanghai Banking Corporation, the growth percentage of Indian economy is likely to remain at which percentage for 2019-20? (a) 7.6 percent (b) 7.8 percent (c) 8.0 percent (d) 7.5 percent Answer: (a) Related Facts: In January 2018, Hong-Kong Shanghai Banking Corporation (HSBC) released the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":40734,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1089],"tags":[2338],"class_list":["post-41052","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\/41052","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\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/comments?post=41052"}],"version-history":[{"count":0,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/41052\/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\/40734"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=41052"}],"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=41052"},{"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=41052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}