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      Question

      What is the estimation provided by UBS with respect to

      India’s GDP for FY24?
      A 5.9 percent Correct Answer Incorrect Answer
      B 6.2 percent Correct Answer Incorrect Answer
      C 6.5 percent Correct Answer Incorrect Answer
      D 6.3 percent Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      UBS has pegged India’s GDP to grow at 6.2% YoY in FY24.It has raised current account (CA) deficit forecast 20 bps to 1.7% of GDP in FY24.  According to UBS the CPI inflation will average 5.6% YoY in FY24.

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