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      Question

      What is the revised projection for India’s GDP growth

      in FY25, as per HSBC's forecast?
      A 6.8% Correct Answer Incorrect Answer
      B 6.5% Correct Answer Incorrect Answer
      C 6.2% Correct Answer Incorrect Answer
      D 5.4% Correct Answer Incorrect Answer
      E 7.5% Correct Answer Incorrect Answer

      Solution

      HSBC has revised India’s GDP growth forecast for FY25 to 6.2%, which is lower than the official estimate of 6.4%. This reflects the challenges faced by the economy, including a disappointing Q2 growth rate of 5.4%. However, improvements in sectors like agriculture, exports, and construction are expected to support growth in the second half of the year.

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