SBI projected India’s GDP to be 8.8% for FY22

February 20, 2022
Current Context: As per the ‘Ecowrap’ report by the State Bank of India (SBI), India’s GDP growth to be at 8.8% for FY22.
SBI projected India’s GDP to be 8.8% for FY22
  • Earlier it had projected GDP growth to be at 9.3% for the same.
  • As per the current estimations, real GDP will be around Rs 2.35 lakh crore which is 1.6% more than the pre-pandemic FY20 real GDP of Rs 145.69 lakh crore.
  • The country’s GDP is likely to grow at 5.8% in Q3 of FY22.
  • Static Part: 
    • HQ of SBI: Mumbai
    • Chairman of SBI: Dinesh Kumar Khara

Question: 

Q.1 As per SBI’s ‘Ecowrap’ report, India’s GDP growth to be at ___% for FY22?
a. 10.8%
b. 9.8%
c. 7.8%
d. 8.8%

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