Question

In its World Economic Outlook report, the IMF has lowered India's growth projection to ________.

A 5.2 percent Correct Answer Incorrect Answer
B 5.5 percent Correct Answer Incorrect Answer
C 5.7 percent Correct Answer Incorrect Answer
D 5.9 percent Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

    In its latest World Economic Outlook report, the IMF forecast global real GDP growth at 2.8 per cent for 2023 and 3 per cent for 2024. The report also  lowered India's growth projection to 5.9 per cent.     The IMF's bi-annual report observed that India's headline retail inflation is expected to ease up, from 6.7 per cent in the previous year to 4.9 per cent in 2023-24.

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