- The OECD has pared its growth forecast for India by 20 basis points to 9.7% for FY22.
- The reason behind the reduction is the growing risk of the pandemic in the country.
- India’s growth projection for FY23 was also reduced by 30 basis points to 7.9%.
- The inflation forecast for India was raised by 50 basis points to 5.9% for this fiscal FY22 and by 70 basis points to 5.5% for the next year FY23.
- Static Part:
- HQ of OECD: Paris, France
Question:
Q.1 As per OECD, is India’s GDP to be at ___% for FY22?
a. 9.7%
b. 10.7%
c. 8.5%
d. 7.5%
a. 9.7%
b. 10.7%
c. 8.5%
d. 7.5%