Question
Recently “Morgan Stanley” has forecast
India’s growth to______ from previously estimated 7.9% for FY2023?Solution
Morgan Stanley downgraded India’s growth forecast to 7.6% from 7.9% for FY2023 amid a slowdown in global growth, higher commodity prices and risk aversion in global capital markets. For FY24, it lowered its growth forecast to 6.7% from the 7% estimated earlier. On the global front, it projected growth at 2.9% in the calendar year 2022 as compared to 6.2% growth in 2021. Within Asia, India would be the economy which will be most exposed to upside risks to inflation. CPI (Consumer Price Index) inflation is expected to be 6.5% for FY23. The current account deficit widened to a 10-year high of 3.3% of GDP (Gross Domestic Product) in FY23.
What is the primary purpose of the Performance Grading Index for Districts (PGI-D) report?
Which of the following is the highest decision making body in the World Trade Organisation?
What are the four pillars used to assess the export preparedness of states and UTs in the Export Preparedness Index (EPI)?
As per Budget 2025–26 estimates, the total expenditure of the Central Government for FY 2025–26 is—
Consider the following statement about the growth of Core sector?
I. There are eight sectors that are considered the core sectors.
II. The...
Which was the first Indian product to get the geographical indication tag?
In which group are sucking mouthparts not found?
The landmark plan of ONORC is a countrywide innovation that allows all _________ beneficiaries, particularly migrant beneficiaries, to claim either ful...
What key initiative did the Prime Minister propose at the ASEAN-India Summit for enhancing economic engagement between South-East Asia, India, West Asia...
What is the primary objective of the National Gopal Ratna Award?
Relevant for Exams:
