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    Question

    Moody's Investors Service has revised India's growth

    estimate for 2022 to_______┬а from 7 per cent pegged in November 2022.
    A 6.6 percent Correct Answer Incorrect Answer
    B 6.8 percent Correct Answer Incorrect Answer
    C 6.2 percent Correct Answer Incorrect Answer
    D 6.7 percent Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ┬а Moody's Investors Service has raised India's economic growth estimate for 2023 to 5.5 per cent from 4.8 per cent pegged earlier, on the back of a sharp increase in capital expenditure in the Budget and a resilient economic momentum. ┬а It however revised downwards India's growth estimate for 2022 to 6.8 per cent from 7 per cent pegged in November 2022.

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