Question

What is Moody's revised growth forecast for India's calendar year 2023?

A 5.5% Correct Answer Incorrect Answer
B 6.1% Correct Answer Incorrect Answer
C 6.5% Correct Answer Incorrect Answer
D 6.7% Correct Answer Incorrect Answer
E 7.0% Correct Answer Incorrect Answer

Solution

Moody's has raised India's 2023 calendar-year growth forecast from 5.5% to 6.7% due to robust underlying economic momentum. It has lowered the 2024 growth forecast from 6.5 per cent to 6.1 per cent.

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