Question

The World Bank has slashed the economic growth forecast for India for 2023-24 (FY24) by 30  to _______.

A 5.9 percent Correct Answer Incorrect Answer
B 6.1 percent Correct Answer Incorrect Answer
C 6.3 percent Correct Answer Incorrect Answer
D 6.5 percent Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

The World Bank and the Asian Development Bank (ADB) have slashed their economic growth forecasts for India for 2023-24 (FY24) by 30 and 80 bps to 6.3 and 6.4 per cent respectively, citing risks to the outlook arising from both global and domestic factors.  

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