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India’s GDP for FY22 to be 10.2% --- Care Ratings

Published on April 23, 2021
Current Context: The Care Ratings has revised the GDP forecast for India for FY22.
India’s GDP for FY22 to be 10.2% --- Care Ratings
  • As per Care Ratings, India’s GDP will be at 10.2% for FY22.
  • Earlier it had projected GDP for India to be in the range of 10.7-10.9%.
  • The reduction in GDP forecast is due to the rising situation of the pandemic which has led to the stoppage of many economic activities due to rules imposed for lockdown.
  • Static Part: 
    • HQ of Care Ratings: Mumbai
    • MD and CEO of Care Ratings: Ajay Mahajan

Question: 

Q.1 As per ICRA, India’s GDP growth for FY22 to be at ___%?
a. 10.5%
b. 10.2%
c. 11.5%
d. 9.2%
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