![India's GDP growth rate is likely to moderate to 6.3% in FY2024 India's GDP growth rate is likely to moderate to 6.3% in FY2024](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg8fs8c37SR4j9eGMNGqwCWsUEExW9zLuPDb0KlBHRnEy5XqQxWR0K9iQiYmJ1s8bkizIqWrtaq3of3NIc_wiYlOS29sUE8K-cKT2xcUqX291HILwau1jFL3-0HzmVnd8-my6MKA6a8ArvMnhKDxw23CgvrL3NQz3jZli1wR_iGlUqdeG8TMVz4hHZ7/w320-h224-rw/economy%20and%20growth.jpg)
- The reason for decline in the GDP is due to the decrease in income levels and the challenges people face from different external conditions.
- Asia's third-largest economy registered a growth of 4.4 per cent in October-December, up from 11.2 per cent a year ago and 6.3 per cent in the previous quarter.
- Though there could be short-term risks after the collapse of three mid-sized banks in the US, and the acquisition of Credit Suisse by UBS, it said the Indian banks are well capitalised.
- Spillovers from recent developments in financial markets in the US and Europe pose a risk to short-term investment flows to emerging markets, including India. But Indian banks remain well capitalised.
Questions:
Q.1 What is the expected GDP by world bank for the year FY 2024.a. 6.3
b. 6.5
c. 6.4
d. 6.2
c. 6.4
d. 6.2