Question

    According to Goldman Sachs, what factors contribute to

    India being a favorable destination for investments?
    A Political instability Correct Answer Incorrect Answer
    B Demographics, strong government-led spending, and healthy domestic demand Correct Answer Incorrect Answer
    C Economic recession Correct Answer Incorrect Answer
    D Declining population Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    •     According to Goldman Sachs Group Inc.’s India’s economic growth may exceed 6 per cent for the rest of the decade, driving more investments from China into the South Asian country.   •    India’s demographics, strong government-led spending and healthy domestic demand makes it a “favorable destination for investments going forward,. •  India’s central bank governor last month estimated the nation’s potential growth rate was around 7 per cent. •    Goldman Sachs expects the private sector in India to accelerate investments after nationwide elections. 

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