![According to an IMF official, India will contribute 18% of global growth in five years According to an IMF official, India will contribute 18% of global growth in five years](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjTHoHnMSpIHyLMn5_1PxtejT7Q04gzlFP9foPWzZRLd0pLDMvKVK6hyphenhyphenRTek-6wTZGSKmk1FeqP1B81TdFgw9HyyxHNusggap_lqMIyqHQBJjVRSkJxxUFufoUn5VWfQO6Hb3m89PduCG_AiWNH1klJrKaVz7cBNCV5DRAwu1kCdr8d9672cwaPvQhkp2f3/w320-h170-rw/indian_65326269bfbb0.jpg)
- He also said that India and China will jointly account for half of the world’s growth in 2023 and 2024.
- He praised India’s strong government capital expenditure, continued consumption growth, and moderating inflation.
- He also expressed confidence that India will meet its fiscal deficit target of 5.9% in FY24.
- The IMF has projected India’s real GDP growth at 6.3% for FY23/24.
Question:
Q.1 What is the projected share of India in global growth in the next five years, according to an IMF official?a. 16%
b. 18%
c. 20%
d. 22%