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      Question

      What is the revised GDP growth forecast for India in

      FY25 according to CARE Ratings?
      A 6.2% Correct Answer Incorrect Answer
      B 6.5% Correct Answer Incorrect Answer
      C 6.8% Correct Answer Incorrect Answer
      D 7.0% Correct Answer Incorrect Answer
      E 7.5% Correct Answer Incorrect Answer

      Solution

      CARE Ratings has revised India’s GDP growth forecast for FY25 to 6.5% from the previous estimate of 6.8%. The revision reflects slower growth in Q2, a decline in corporate profitability, reduced public capital expenditure, and softness in urban consumption. However, the forecast predicts improvement in the second half of FY25 due to increased government capex and higher rural consumption.

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