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Question

What is the projected GDP growth rate for the Indian economy in FY 2022-23, as per the latest prediction by Ind-Ra?
  • 7.2%
  • 7.3%
  • 7.4%
  • 7.6%
Answer- D
1) India Ratings and Research on Thursday said it expects India's gross domestic product (GDP) to grow 7.6% on-year in FY23.

2) After a gap of two years, the Indian economy will show a meaningful expansion, as the real GDP in FY23 will be 9.1% higher than the FY20 (pre-Covid level) GDP level," said Sunil Kumar Sinha, Principal Economist, India Ratings and Research.