India’s GDP growth at 11.1% in FY22—Goldman Sachs

Current Context: Goldman Sachs has reduced India’s GDP forecast for FY22 due to the pandemic situation in the country.

• As per the latest projection, the GDP growth rate for the Indian economy to be at 11.1% for FY22.
• Earlier, it has projected growth of 11.7% for the same.
• Goldman Sachs has also revised India’s GDP forecast for 2021 to be at 9.7% with the previous estimate was 10.5%.
• The cut in the GDP growth for FY22 is due to the ongoing second wave of the pandemic which has resulted in a halt of many economical activities in India.

Question: 

Q.1 As per Goldman Sachs, India’s GDP growth to be at __% for FY22?
a. 8.5%
b. 9.3%
c. 10.5%
d. 11.1%