New Click here to Enroll for SIDBI MSME Expert Class by ex-GM, SBI on Nov 24

    Register

    Question

    Recently Asian Development Bank (ADB) slashed its growth

    forecast for India to ___ for FY23 from the earliest projected 7.5%.
    A 7.2% Correct Answer Incorrect Answer
    B 7.5% Correct Answer Incorrect Answer
    C 6.4% Correct Answer Incorrect Answer
    D 6.9% Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The Asian Development Bank (ADB) slashed its growth forecast for India to 7.2 per cent for FY23 from 7.5 per cent. ADB also raised its inflation forecast for India to 6.7 per cent for FY23 from 5.8 per cent projected earlier. The Asian Development Bank is a regional development bank. It was established in 1966, it is owned by 68 members—49 from the region. ADB Headquarters: Philippines President: Masatsugu Asakawa

    Practice Next

    Relevant for Exams: