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India’s GDP growth at 9.8% in FY22—S&P Global Ratings

Published on May 06, 2021
Current Context: The S&P Global Ratings has reduced the GDP rating forecast for India for FY22.
India’s GDP growth at 9.8% in FY22—S&P Global Ratings
  • As per S&P Global Ratings, India’s GDP to be at 9.8% for FY22.
  • Earlier it had projected GDP to be at 11% for India for the fiscal period of April 2021-March 2021.
  • 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 S&P Global Ratings, India’s GDP growth to be at __% for FY22?
a. 9.8%
b. 8.3%
c. 10.3%
d. 11.1%
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