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India’s GDP to be at 9.3% for FY22—Moody’s Rating Agency

Published on November 26, 2021
Current Context: The rating agency named Moody’s Investors Service has released its report in which it projects India’s GDP forecast for FY22 and FY23.
India’s GDP to be at 9.3% for FY22—Moody’s Rating Agency
  • It expects that India's economic growth to rebound strongly with a GDP growth of 9.3% for the fiscal year 2022 (ending on 31 March 2022).
  • It also projected that India’s GDP to be at 7.9% for FY23.
  • As per the rating agency, India’s increasing vaccination rate against COVID-19 has led to the improvement in the economy of the country.
  • The increasing vaccinations have led to removing the lockdown situation in many areas of the country and have thus led to start the economic activities in a smooth manner.


Q.1 As per the Moody’s Investors Service, India’s GDP to be at ___% for FY22?
a. 9.3%
b. 7.6%
c. 10.4%
d. 8.4%

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