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      Question

      What is the revised GDP forecast for FY24, and how have

      the GDP projections for Q3FY24 and Q4FY24 changed according to the latest RBI Monetary Policy Committee announcement?
      A The FY24 GDP forecast has been reduced to 6.5%, with Q3FY24 and Q4FY24 projections lowered to 6% and 5.7%, respectively. Correct Answer Incorrect Answer
      B The FY24 GDP forecast has been raised to 7%, with Q3FY24 and Q4FY24 projections increased to 6.5% and 6%, respectively. Correct Answer Incorrect Answer
      C The FY24 GDP forecast remains unchanged at 6.5%, with Q3FY24 and Q4FY24 projections maintained at 6% and 5.7%, respectively. Correct Answer Incorrect Answer
      D The FY24 GDP forecast has been reduced to 6.7%, with Q3FY24 and Q4FY24 projections lowered to 6.5% and 6%, respectively. Correct Answer Incorrect Answer
      E The FY24 GDP forecast has been reduced to 6%, with Q3FY24 and Q4FY24 projections lowered to 5.7% and 5.2%, respectively. Correct Answer Incorrect Answer

      Solution

      According to the information provided, the GDP forecast for FY24 has been raised to 7% from the previous estimate of 6.5%. Additionally, the Q3FY24 GDP projection has been increased to 6.5% from 6%, and the Q4FY24 projection has been raised to 6% from 5.7%.

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