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    Question

    Fitch, a rating agency, has revised its GDP forecast

    for India, predicting a growth rate of ____% for the financial year 2023-24 (FY24).
    A 6.0% Correct Answer Incorrect Answer
    B 6.3% Correct Answer Incorrect Answer
    C 6.5% Correct Answer Incorrect Answer
    D 6.8% Correct Answer Incorrect Answer
    E 7.0% Correct Answer Incorrect Answer

    Solution

    Ratings agency Fitch has revised its GDP forecast for India, predicting a growth rate of 6.3% for the financial year 2023-24 (FY24). This upward revision from the previous projection of 6% comes as a result of the country’s near-term momentum and a robust performance in the first quarter.

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