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.
Kanhar Irrigation Project is constructed to irrigate the districts of
Which river basin is the largest in area among the following?
The Union government and the Asian Development Bank (ADB) have signed a loan agreement to enhance fintech education in which city?
Which joint venture produced and transferred 35,000 Kalashnikov AK-203 assault rifles to the Indian Ministry of Defence?
The "Xtra Credit Card" launched by RBL Bank offers cashback on fuel purchases with which company?
On July 1st, 2024 the state Haryana has introduced how many new criminal laws by replacing the old ones?Â
Which of the following is the largest satellite of the Solar System?
SANKALP Scheme is one of the important skill development programme sponsored by_______
According to 2011 census, what is the percentage of population that lives in rural areas of Uttar Pradesh?
During Quit India Movement in Uttar Pradesh, Provisional Government was formed in Ballia under the leadership of?