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Answer : 2. "6.8%"
According to the IMF, what is India's GDP growth forecast for FY 2024-25?
5Q:
According to the IMF, what is India's GDP growth forecast for FY 2024-25?
- 17.8%false
- 26.8%true
- 35.8%false
- 49.8%false
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Answer : 2. "6.8%"
Explanation :
The IMF raised India's GDP growth forecast for fiscal year 2024-25 to 6.8% by 30 basis points from its previous forecast. India's growth is projected to remain strong due to strong domestic demand and a growing working-age population. Globally, the growth rate is projected to continue at 3.2% for FY 2024-25 and FY 2025-26. India has retained its position as the world's fastest growing economy, surpassing China's growth estimate of 4.6% over the same period.