According to the latest projection from the Credit Rating Information Services of India Limited (CRISIL), what is the estimated GDP growth rate for India in FY 2024?
  • 6.0%
  • 5.8%
  • 7.2%
  • 8.5%
Answer- A
CRISIL expects India’s GDP (gross domestic product) growth to touch 6% in fiscal 6% in fiscal 2024, compared with 7% estimated by the National Statistical Organization for fiscal 2023, the rating agency said. The agency also sees the economy averaging a growth rate of 6.8% over the next five fiscals.