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      Question

      Morgan Stanely has projected India’s GDP growth

      forecast for 2022-23 (FY23) at ________%.
      A 7.1 Correct Answer Incorrect Answer
      B 7.5 Correct Answer Incorrect Answer
      C 7.9 Correct Answer Incorrect Answer
      D 8.2 Correct Answer Incorrect Answer
      E 8.4 Correct Answer Incorrect Answer

      Solution

      Morgan Stanely has projected India’s GDP growth forecast for 2022-23 (FY23) at 7.9%. This is 50 bps less than its earlier projection due to the impact of the Russia-Ukraine conflict on oil prices. India is affected through three key channels — higher prices for oil and other commodities; trade, and tighter financial conditions, influencing business/investment sentiment.

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