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    Question

    Moody's Investors Service has revised India's growth estimate for 2022 to_______  from 7 per cent pegged in November 2022.

    A 6.6 percent Correct Answer Incorrect Answer
    B 6.8 percent Correct Answer Incorrect Answer
    C 6.2 percent Correct Answer Incorrect Answer
    D 6.7 percent Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

      Moody's Investors Service has raised India's economic growth estimate for 2023 to 5.5 per cent from 4.8 per cent pegged earlier, on the back of a sharp increase in capital expenditure in the Budget and a resilient economic momentum.   It however revised downwards India's growth estimate for 2022 to 6.8 per cent from 7 per cent pegged in November 2022.

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