- The rating agency has reduced India’s GDP by 0.5% for FY22.
- As per ICRA, India’s economy to grow in the range of 10-10.5% for FY22.
- Earlier, it had projected growth of 10-11%.
- The reduction in the GDP growth was predicted due to the lockdown situation and restrictions imposed on various activities because of rising in a pandemic situation.
- Static Part:
- HQ of ICRA: Gurgaon, Haryana
Question:
Q.1 As per ICRA, India’s GDP growth for FY22 to be in the range of ___?
a. 10-10.5%
b. 9.0-10.5%
c. 10-11.5%
d. 8.0-9.5%
a. 10-10.5%
b. 9.0-10.5%
c. 10-11.5%
d. 8.0-9.5%