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India’s GDP to Grow at 13.5%-- Nomura

Published on February 18, 2021
Current Context: As per Japanese brokerage Nomura, India’s GDP will grow at 13.5% in FY22.
India’s GDP to Grow at 13.5%-- Nomura
  • This estimation is because Nomura India Business Resumption Index (NIBRI) raised to 98.1 for the week ending 14th Feb 2021 from 95.9% in the previous week.
  • Also, Nomura estimated that real GDP to contract by 6.7% in FY21 and for FY22 it will grow by 13.5%.
  • Static Part: 
    • HQ of Nomura: Tokyo, Japan

Question: 

Q.1 As per Nomura, India’s GDP will grow at ___ in FY22?
a. 10.5%
b. 11.5%
c. 12.5%
d. 13.5%
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