- As per HDFC Bank, India’s GDP growth to be at 10% for FY22.
- Earlier it had projected the growth of 11.5% for the same.
- The reduction in the growth rate was made due to the outbreak of the second wave of COVID-19 in the country which has led to the stop of economical and business activities in the country amidst the situation of lockdown.
- Also, the HDFC bank has predicted that the GDP rate could go at 8%, in the worst case of the COVID-19 outbreak.
- Static Part:
- HQ of HDFC Bank: Mumbai
- Tagline of HDFC Bank: We understand your world
- MD and CEO of World Bank: Sashidhar Jagdhishan
Question:
Q.1 As per the HDFC Bank, India’seconomy will grow at ___% for 2022?
a. 9.3%
b. 10%
c. 11%
d. 12.5%
a. 9.3%
b. 10%
c. 11%
d. 12.5%
