India’s GDP to be at 9.3% for FY22—Moody’s Investors Service

Published on May 13, 2021
Current Context: The Moody’s Investors Service has reduced India’s GDP forecast for FY22.
India’s GDP to be at 9.3% for FY22—Moody’s Investors Service
  • As per Moody’s, India’s GDP to be at 9.3% for FY22.
  • Earlier it had projected 13.7% of GDP for India for the same fiscal year.
  • The degradation in the GDP forecast is due to the second wave of COVID-19 which has hit the nation on a large scale and which has led to the shut down of many economical activities in the country.
  • Static Part:
    • HQ Moody’s Investors Service: New York, US

Question: 

Q.1 As per Moody’s, India’s GDP to be at __% for FY22?
a. 9.3%

b. 10.5%
c. 11.3%
d. 12.5%

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