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    Question

    Morgan Stanely has projected India’s GDP growth forecast for 2022-23 (FY23) at ________%.

    A 7.1 Correct Answer Incorrect Answer
    B 7.5 Correct Answer Incorrect Answer
    C 7.9 Correct Answer Incorrect Answer
    D 8.2 Correct Answer Incorrect Answer
    E 8.4 Correct Answer Incorrect Answer

    Solution

    Morgan Stanely has projected India’s GDP growth forecast for 2022-23 (FY23) at 7.9%. This is 50 bps less than its earlier projection due to the impact of the Russia-Ukraine conflict on oil prices. India is affected through three key channels — higher prices for oil and other commodities; trade, and tighter financial conditions, influencing business/investment sentiment.

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