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      Question

      The World Bank in its latest Global Economic Prospects report, cut its 2022-23 (FY23) real gross domestic product (GD

      • P 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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