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    Question

    Consider the following in regards to IMF projections on India:

    1) India is expected to contribute over 16 percent of global growth

    2) Sectors like infrastructure and digitalization have made India a "star performer" among countries

    3) The current account deficit is expected to improve to 1.8 percent of GDP. 

    Which of the following statements is correct?

    A 1 & 2 Correct Answer Incorrect Answer
    B 2 only Correct Answer Incorrect Answer
    C 1 & 3 Correct Answer Incorrect Answer
    D 2 & 3 Correct Answer Incorrect Answer
    E All of the above Correct Answer Incorrect Answer

    Solution

    India is expected to contribute over 16 percent of global growth as economic reforms in key sectors like infrastructure and digitalization have made India a "star performer" among countries, as per the International Monetary Fund (IMF). It's one of the fastest-growing large emerging markets and it's contributing, in our current projections, more than 16 percent of global growth this year.

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