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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