Question
Four statements have been mentioned below. Choose the incorrect statement. A. In what is shaping up to be a challenging FY26, India is still expected to post a healthy growth rate of about 7.4%, with services leading the charge and capital formation remaining robust. B. Gross value added (GV
- A is estimated to grow by 7.3%, with manufacturing, trade, and financial services performing reasonably well-though partly aided by a favourable base. C. Measures such as income tax cuts, goods and services tax rate rationalisation, and falling interest rates were expected to lift household spending more decisively. D. Additional headwinds includes the lingering impact of US tariffs on merchandise exports, a contraction in government capital expenditure, and an unfavourable base effect. E. All are correct
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