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Indian Economy to Grow at 11% for FY22—S&P Ratings

Published on April 24, 2021
Current Context: The S&P Global Ratings has projected that India’s economy to grow at 11% in FY 2021-22 (FY22).
Indian Economy to Grow at 11% for FY22—S&P Ratings
  • Earlier it had estimated a contraction of 8% for the same.
  • The rating agency has kept the sovereign rating on India at ‘BBB-‘ with a stable outlook.
  • Static Part: 
    • HQ of S&P Global Ratings: New York, US

Question:

Q.1 As per S&P Global Ratings, India’s economy to grow at ____% in FY22?
a. 9.6%
b. 10.5%
c. 10% 
d. 11%
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