Growth Forecast for India to be at 9.7% for FY22--OECD

September 23, 2021
Current Context: The Organisation for Economic Co-operation and Development (OECD) has forecasted India’s growth to be at 9.7% for the current fiscal year of FY22.
Growth Forecast for India to be at 9.7% for FY22--OECD
  • 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%

Free Exam Resources

Useful material to support your preparation, revision and exam planning.

Continue on BankExamsToday

Revise notes, practice questions and resume anytime.

Meet your mentor

From the Founder

Ramandeep Singh, founder of BankExamsToday

Ramandeep Singh

Banking Educator · Former Banker

Former banker and educator helping aspirants prepare for banking promotion and specialist officer exams with focused, practical guidance.

14+
Years' experience
5,000+
Selections
Ex-BoB
Banking experience