Question

    According to the SBI Ecowrap report, India's real GDP is

    expected to grow at around ______ per cent in 2021-22 on a year-on-year (YoY).
    A 7.7 Correct Answer Incorrect Answer
    B 9.5 Correct Answer Incorrect Answer
    C 8.8 Correct Answer Incorrect Answer
    D 10.2 Correct Answer Incorrect Answer
    E 10.5 Correct Answer Incorrect Answer

    Solution

    State Bank of India (SBI) Research Report, Ecowrap, has revised downwards the gross domestic product (GDP) growth rate of India for FY22 (2021-22) to 8.8 percent. Earlier this was estimated at 9.3 per cent. The report projects the GDP to grow at 5.8 per cent in the third quarter (Q3) of FY2021-2022 (October-December).

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