Question

    IMF's World Economic Outlook GDP growth forecasts for

    India in 2023-24 and 2024-25 is:
    A 6.3% for 2023-24 and 6.3% for 2024-25 Correct Answer Incorrect Answer
    B 6.4% for 2023-24 and 6.3% for 2024-25 Correct Answer Incorrect Answer
    C 6.2% for 2023-24 and 6.4% for 2024-25 Correct Answer Incorrect Answer
    D 6.3% for 2023-24 and 6.5% for 2024-25 Correct Answer Incorrect Answer
    E 6.0% for 2023-24 and 6.3% for 2024-25 Correct Answer Incorrect Answer

    Solution

    IMF’s World Economic Outlook data now expects India’s 2023-24 GDP growth to be 6.3%, a 20-basis point increase from the July numbers. One basis point is one hundredth of a percentage point. The IMF’s 2023-24 growth forecast for India is now the same as what the World Bank had projected in its India Development Update on October 3. India’s 2024-25 GDP growth forecast has been left unchanged at 6.3% in the October World Economic Outlook data

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