Question
According to the World Bank, India will see a growth
rate of what % in the year 2016 -17.Solution
The World Bank expects India’s growth to pick up 7.8 percent in the next financial year, projecting it to be the fastest growing economy in the world for the next three years.Â
India is expected to notch near 8 percent growth in the subsequent years as the world economy also picks up pace to 2.9 percent growth in 2016 compared with a modest 2.4 percent in the just concluded year.
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What are the exceptions to the Prohibition on the issue of shares at a discount?
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