Question
ADB has slashed the economic growth forecast for India
for 2023-24 (FY24) by 80 bps to ___________.Solution
The World Bank and the Asian Development Bank (ADB) have slashed their economic growth forecasts for India for 2023-24 (FY24) by 30 and 80 bps to 6.3 and 6.4 per cent respectively, citing risks to the outlook arising from both global and domestic factors.
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