Question

    What is the projected GDP growth rate for India in FY25

    as per the Asian Development Bank (ADB)'s July report?
    A 6.5% Correct Answer Incorrect Answer
    B 6.8% Correct Answer Incorrect Answer
    C 7.0% Correct Answer Incorrect Answer
    D 7.2% Correct Answer Incorrect Answer
    E 7.5% Correct Answer Incorrect Answer

    Solution

    The Asian Development Bank (ADB) in its July report projected India's GDP growth rate for FY25 to be 7%. Additionally, the report also provided projections for FY26, maintaining GDP growth at 7.2% with inflation at 4.5%. In comparison, the GDP growth forecast for China remained at 4.5% for 2024, with inflation being revised down from 1.1% to 0.5%. These projections are part of ADB's ongoing analysis of economic trends in the Asia-Pacific region.

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