{"id":67219,"date":"2019-01-30T10:38:37","date_gmt":"2019-01-30T10:38:37","guid":{"rendered":"https:\/\/www.edristi.in\/?p=67219"},"modified":"2019-01-30T10:38:44","modified_gmt":"2019-01-30T10:38:44","slug":"global-economic-prospects-2019","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/global-economic-prospects-2019\/","title":{"rendered":"Global Economic Prospects-2019"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Question: As per the World Bank\u2019s Global Economic Prospects report, India\u2019s GDP is expected to grow &#8212;&#8211; in the fiscal year 2018-19?<br><\/strong> (a) 7.2<br> (b) 7.3<br> (c) 7.4<br> (d) 7.5<br> <strong>Answer: (b)<br> Related facts:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>As per World Bank\u2019s Global Economic Prospects (GEP) report released on 9th January, 2019, India\u2019s GDP is expected to grow at 7.3 in the fiscal year 2018-19, and 7.5 in the following two years.<\/li><li>The growth is defined by economic activity which continued to recover with strong domestic demand. While investment continued to strengthen amid GST harmonization and a rebound of credit growth, consumption remained the major contributor to growth.<\/li><li>As per the report, India will continue to be the fastest growing major economy in the world.<\/li><li>Meanwhile,China&#8217;s economic growth is projected to be 6.2 each in 2019 and 2020 and 6 per cent in 2021, according to the January 2019 Global Economic Prospects report released by the World Bank.<\/li><li>Global economic growth is projected to soften from a downwardly revised 3 percent in 2018 to 2.9 percent in 2019 amid rising downside risks to the outlook, the World Bank.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>About Global Economic Prospects (GEP):<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Global Economic Prospects GEP is World Bank Group\u2019s flagship report that examines global economic developments and prospects with special focus on developing and emerging market economies. <\/li><li>It is published biannually and partly updated two times a year. It portrays the world economy in the near and medium context, with projections for up to four years into the future. <\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Links<\/strong><br><a href=\"http:\/\/www.worldbank.org\/en\/publication\/global-economic-prospects\">http:\/\/www.worldbank.org\/en\/publication\/global-economic-prospects<\/a><br><a href=\"https:\/\/www.business-standard.com\/article\/economy-policy\/india-s-gdp-to-grow-at-7-3-in-fy19-7-5-in-next-two-years-world-bank-119010900059_1.html\">https:\/\/www.business-standard.com\/article\/economy-policy\/india-s-gdp-to-grow-at-7-3-in-fy19-7-5-in-next-two-years-world-bank-119010900059_1.html<\/a><br><a href=\"https:\/\/elibrary.worldbank.org\/doi\/abs\/10.1596\/978-1-4648-1343-6\">https:\/\/elibrary.worldbank.org\/doi\/abs\/10.1596\/978-1-4648-1343-6<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question: As per the World Bank\u2019s Global Economic Prospects report, India\u2019s GDP is expected to grow &#8212;&#8211; in the fiscal year 2018-19? (a) 7.2 (b) 7.3 (c) 7.4 (d) 7.5 Answer: (b) Related facts: As per World Bank\u2019s Global Economic Prospects (GEP) report released on 9th January, 2019, India\u2019s GDP is expected to grow at [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":67221,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1089],"tags":[2338],"class_list":["post-67219","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\/67219","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=67219"}],"version-history":[{"count":0,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/67219\/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\/67221"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=67219"}],"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=67219"},{"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=67219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}