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      Question

      Moody’s Ratings revised India’s GDP growth forecast

      for Calendar Year 2026 downward by how many basis points? 
      A 50 bps Correct Answer Incorrect Answer
      B 80 bps Correct Answer Incorrect Answer
      C 100 bps Correct Answer Incorrect Answer
      D 120 bps Correct Answer Incorrect Answer
      E 150 bps Correct Answer Incorrect Answer

      Solution

      American rating agency Moody’s Ratings revised India’s GDP growth forecast for Calendar Year 2026 downward by 80 basis points to 6%. The revision is driven mainly by weak private consumption, slower capital formation, and subdued industrial activity amid higher energy costs. Moody’s further lowered India’s CY27 GDP growth estimate by 50 bps to 6%.

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