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India’s GDP to be at 8.3% for Q2 FY22—Ind-Ra

Published on December 01, 2021
Current Context: The India Ratings and Research (Ind-Ra) has projected that India’s GDP to be at 8.3% for the second quarter of the financial year 2022 i.e. Q2 FY22.
India’s GDP to be at 8.3% for Q2 FY22—Ind-Ra
  • It has projected that India’s GDP for the whole year i.e. FY22 to be at 9.4%.
  • The rating agency has mentioned that due to the growth in vaccination drives, there is an improvement in the economy of the country.
  • It expects that fixed capital formation to increase at 8.5% in Q2 FY22 as the GOI is supporting investment activities in the infrastructure sector.
  • Static Part: 
    • HQ of Ind-Ra: Mumbai

Question: 

Q.1 As per Ind-Ra, India’s GDP to be at ____ for FY22?
a. 9.4%
b. 11.4%
c. 8.7%
d. 10.5%
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