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Question

In its June Global Macroeconomic Report of Organization for Economic Cooperation and Development (OECD), India’s FY24 economic growth is forecasted at ___?

A 5.2 per cent Correct Answer Incorrect Answer
B 5.8 per cent Correct Answer Incorrect Answer
C 6.9 per cent Correct Answer Incorrect Answer
D 7.9 per cent Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

The Organization for Economic Cooperation and Development (OECD) its June Global Macroeconomic Report pegged India’s FY23 economic growth at 6.9 per cent and 6.2 per cent in FY24. India’s economy grew by 8.7 per cent in FY22, making it the fastest-growing major economy in the world. The output was helped primarily by agriculture sector and government final consumption expenditure.

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