India’s GDP to be at 7.9% for FY22—SBI Ecowrap

Current Context: The SBI economists has revised India’s GDP projections in its ‘Ecowrap’ report.

• As per the SBI Ecowrap report, India’s GDP to be at 7.9% for FY22.
• Earlier it had projected India’s GDP to be at 10.4%.
• The reason behind this revised projection is the second wave of the pandemic which has hit the nation in a severe manner, thereby leading to the lockdown situation in the country.
• Also, the report estimates, ‘W-shaped’ recovery in FY22. Earlier it was ‘V-shaped’ recovery for the same.
• Static Part: 
• HQ of SBI: Mumbai
• Chairman of SBI: Dinesh Kumar Khara

Question: 

Q.1 As per SBI ‘Ecowrap’ report, India’s GDP to be at ____% for FY22?
a. 7.9%
b. 9.8%
c. 10.3%
d. 8.8%