Question

Moody’s projected that the Indian economy is expected to clock a 6-6.3 per cent growth in June quarter.According to Moody's, how much is India’s level of general government debt for 2022-23?

A 81.8 percent Correct Answer Incorrect Answer
B 79.3 percent Correct Answer Incorrect Answer
C 77.1 percent Correct Answer Incorrect Answer
D 75.9 percent Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

Moody’s projected that the Indian economy is expected to clock a 6-6.3 per cent growth in June quarter, and flagged risks of fiscal slippage arising from weaker-than-expected government revenues in the current fiscal.According to Moody’s India has a relatively high level of general government debt at around 81.8 per cent of GDP for 2022-23.

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