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    Question

    Rating agency Moody’s slashed India’s gross domestic

    product (GDP) growth projections for 2022 calendar year to ____ % from 7.7%.
    A 6.5 Correct Answer Incorrect Answer
    B 6.9 Correct Answer Incorrect Answer
    C 7.0 Correct Answer Incorrect Answer
    D 7.5 Correct Answer Incorrect Answer
    E 7.6 Correct Answer Incorrect Answer

    Solution

    Rating agency Moody’s on Friday slashed India’s gross domestic product (GDP) growth projections for 2022 calendar year to 7 per cent from 7.7 per cent estimated earlier citing global slowdown, elevated inflation, and rising domestic interest rates as dampeners for growth momentum in India.

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