Question
According to S&P Global Ratings, what is the projected
GDP growth for India by the year 2026?Solution
According to S&P Global Ratings, India is expected to be the world's third-largest economy by 2030. The US-based rating agency anticipates India to be the fastest growing major economy in the next three years, with a projected GDP growth reaching 7.0% by 2026. This outlook is an increase from the 6.4% projected expansion in the current fiscal year. The agency's positive assessment reflects India's strong economic performance, with a growth rate of 7.2% in the 2022-23 fiscal year and notable expansions of 7.8% and 7.6% in the June and September quarters, respectively. The challenge for India lies in unlocking the immense economic opportunities and positioning itself as a key global manufacturing hub.
Which Indian organization released the "Strategy for the Development of Seaweed Value Chain" report in August 2024?
What was the land given to people in exchange for services called during the Gorkha period?
What is the primary objective of the Pradhan Mantri Kaushal Vikas Yojana (PMKVY)?
Who is the author of the novel 'Western Lane' that was shortlisted for the 2023 Booker Prize?
India has recently signed an agreement with which country to develop new generation military equipment?
Consider the following statements about ‘Statutory Liquidity Ratio (SLR)’:
1. SLR is the percentage of NDTL that a bank must keep in sa...
Which dynasty ruled the Vijayanagara Empire at the time of the Battle of Talikota?
Which of the following castes is not counted among the prehistoric castes of the Himalayas?
The Reserve Bank of India - Digital Payments Index (RBI-DPI) comprises five broad parameters. Which of the following is NOT one of these parameters?
The Union Cabinet has recently approved the extension of which scheme?