According to the World Bank in its Global Economic Prospects, Indian economy has projected to grow at a robust ___per cent in 2023-24 (FY24)?

Solution

The World Bank in its Global Economic Prospects, has projected the Indian economy to grow at a robust 6.6 per cent in 2023-24 (FY24), slowing down from an estimated 6.9 per cent in 2022-23 (FY23), citing limited spillovers from a projected global slowdown. The global economy has been projected to grow by 1.7 per cent in 2023, while the Euro Area and the US are expected to grow at zero per cent and 0.5 per cent respectively during the year. Learn Along: World Bank Headquarters: Washington, D.C., US President: David. Malpass