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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. The cut was on the back of inflationary pressures, supply-chain pressures, and geopolitical tensions due to Russia’s invasion of Ukraine. 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. Gross domestic product (GDP) is the standard measure of the value added created through the production of goods and services in a country during a certain period. As such, it also measures the income earned from that production, or the total amount spent on final goods and services (less imports).
As per RBI draft prudential guidelines for Advances - Projects Under Implementation, Directions, 2024, the projects have to be divided into which of the...
Which of the following government schemes is NOT directly related to improving the access to credit or finance for MSMEs in India?
What is the difference between bullion and numismatics?
According to the provisions of the Companies Act for issuing a red herring prospectus, which of the following statements is correct?
Which of the following acts gave birth to the Asset Reconstruction Company?
The rate applicable to an investment lasting for ‘n’ years when all the returns are realized at the end is called:
Which among the following is important to assess the Gearing ratio?
What is the minimum credit rating required for the issuance of Commercial Papers (CPs) and Non-Convertible Debentures (NCDs), as per the revised RBI gui...
Derivatives can be used to hedge the risk. A person can protect himself from downside risk by entering into which of the following position?
Which of the following is a primary difference between investment banking and merchant banking ?