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    Question

    International Monetary Fund (IMF) reduced India’s

    growth prediction for FY23 from 7.4% forecasted in July to ___ %.
    A 4.5 Correct Answer Incorrect Answer
    B 4.9 Correct Answer Incorrect Answer
    C 5.6 Correct Answer Incorrect Answer
    D 6.8 Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    IMF decreases FY23 India’s GDP growth forecast: In light of lower-than-anticipated output in the second quarter and more sluggish external demand, the International Monetary Fund (IMF) reduced India’s growth prediction for FY23 from 7.4% forecasted in July to 6.8%. India’s growth projection for FY23 has undergone three decreases, starting from 9% in January of this year.

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