Question

    The World Bank in its latest Global Economic Prospects

    report, cut its 2022-23 (FY23) real gross domestic product (GDP) growth forecast for India to _______%.
    A 7.2 Correct Answer Incorrect Answer
    B 7.3 Correct Answer Incorrect Answer
    C 7.4 Correct Answer Incorrect Answer
    D 7.5 Correct Answer Incorrect Answer
    E 7.6 Correct Answer Incorrect Answer

    Solution

    The World Bank in its latest Global Economic Prospects report, cut its 2022-23 (FY23) real gross domestic product (GDP) growth forecast for India to 7.5 per cent, from 8 per cent. Growth is expected to slow further to 7.1 per cent in 2023-24. World Bank also lowered its global growth forecast for calendar year 2022 to 2.9 per cent from 4.1 per cent.

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