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HSBC raises India’s GDP Forecast for FY 2021-22

Published on February 23, 2021
Current Context: The HSBC has revised India’s growth forecast for FY 2021-22.
HSBC raises India’s GDP Forecast for FY 2021-22
  • As per HSBC, India’s GDP to be at 11.2% for FY 2021-22.
  • Initially, it had an estimated GDP forecast of 9% for India.
  • Also, for FY 2020-21, India’s GDP forecast remains at 6.3%.
  • Static Part: 
    • HQ of HSBC: London, UK

Question: 

Q.1 As per HSBC, India’s GDP to be at ____% for FY 2021-22?
a. 9%
b. 9.2%
c. 11%
d. 11.2%
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