New FLASH SALE Dhamaka - Flat 60% Off on All Courses

    Question

    What is the projected GDP growth rate for India in FY

    2025, as per the report by Axis Bank, and what factor is mentioned as a key driver for sustaining growth?
    A 7.5%; Fiscal deficit Correct Answer Incorrect Answer
    B 6.5%; Capital expenditure Correct Answer Incorrect Answer
    C 6.5%; Food inflation Correct Answer Incorrect Answer
    D 8%; Net market borrowings Correct Answer Incorrect Answer
    E 7%; Recession in the United States Correct Answer Incorrect Answer

    Solution

    The report by Axis Bank projects India's GDP growth to slow down to 6.5% in FY 2025. The key drivers for sustaining growth, as highlighted in the report, include fiscal discipline, infrastructure development, and capital expenditure. These factors are deemed crucial to support economic growth amid escalating global challenges and uncertainties.

    Practice Next

    Relevant for Exams: