Question

By how much percentage has ICRA, the professional investment information and credit rating agency, revised India's economic growth forecast for FY2024 upward from 6.2%?

A 6.3% Correct Answer Incorrect Answer
B 6.4% Correct Answer Incorrect Answer
C 6.5% Correct Answer Incorrect Answer
D 6.6% Correct Answer Incorrect Answer
E 6.7% Correct Answer Incorrect Answer

Solution

ICRA has revised its forecast for India's FY2024 GDP growth to 6.5 percent from 6.2 percent. Despite the upward revision, ICRA's GDP growth projection remains lower than the monetary policy committee's revised forecast of 7 percent for FY24.

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