India’s GDP to be at 10-10.5% in FY22-- Brickwork Ratings

Published on November 09, 2021
Current Context: The Brickwork Ratings has estimated that India’s GDP for FY 2021-22 i.e. FY22 will be at 10-10.5%.
India’s GDP to be at 10-10.5% in FY22-- Brickwork Ratings
  • Earlier it had estimated 9% GDP for the same.
  • It states that GDP growth for Q2 FY22 to be at 8.3% (year-on-year). There will be a 7.4% contraction in Q2FY21.
  • It mentioned that India’s GDP grew at 20.1% in the first quarter of fiscal 2022.
  • It stated that the upcoming will quarter may also witness a recovery if the pandemic situation does not increase in the country.
  • Static Part: 
    • Brickwork Ratings is a SEBI registered Credit Rating Agency and its HQ is in Bengaluru.

Question: 

Q.1 As per Brickwork Ratings India’s GDP for FY22 will be at ___%?
a. 11-11.5%
b. 8-8.5%
c. 10-10.5%
d. 7-7.5%

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