Question

    Fitch reduced India’s gross domestic product (GDP)

    growth forecast for the current fiscal (FY23) to ______ per cent.
    A 7.1 Correct Answer Incorrect Answer
    B 7.5 Correct Answer Incorrect Answer
    C 7.8 Correct Answer Incorrect Answer
    D 7.9 Correct Answer Incorrect Answer
    E 8.2 Correct Answer Incorrect Answer

    Solution

    Global ratings agency Fitch upgraded India’s long-term sovereign debt outlook to stable from negative. Fitch, however, reduced India’s gross domestic product (GDP) growth forecast for the current fiscal (FY23) to 7.8 per cent from 8.5 per cent.

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