Question
IMF's World Economic Outlook GDP growth forecasts for
India in 2023-24 and 2024-25 is: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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