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Question

The Organisation for Economic Cooperation and Development (OECD) has revised upwards its growth estimate for India by 20 basis points to _______for FY24.

A 5.1 percent Correct Answer Incorrect Answer
B 5.3 percent Correct Answer Incorrect Answer
C 5.9 percent Correct Answer Incorrect Answer
D 6.1 percent Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

The Organisation for Economic Cooperation and Development (OECD) has revised upwards its growth estimate for India by 20 basis points to 5.9 per cent for FY24 before recovering to around 7 percent in FY 2024-25.    OECD expects India’s gross domestic product (GDP) to grow at 6.9 per cent in FY23 against 7 per cent estimated by the Central Statistical Organisation.

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