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      Question

      The RBI’s MPC revised down India’s real GDP growth forecast

      for FY27 by 50 basis points. What is the revised GDP growth forecast for FY27?
      A 6.4% Correct Answer Incorrect Answer
      B 6.6% Correct Answer Incorrect Answer
      C 6.9% Correct Answer Incorrect Answer
      D 7.2% Correct Answer Incorrect Answer
      E 7.4% Correct Answer Incorrect Answer

      Solution

      The MPC revised down India’s real Gross Domestic Product (GDP) growth forecast by 50 basis points (bps) for FY27 to 6.9% from its previous estimate of 7.4%. The committee also projected Consumer Price Index (CPI) inflation at 4.6% for FY27, which is within a band of +/- 2%, and estimated core inflation at 4.4% for the current fiscal year.

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