Question

    What factors did the RBI cite for raising its growth projection for India's GDP to 7.2% for FY25?

    A Above-normal monsoon and strong industrial sector activity Correct Answer Incorrect Answer
    B Strong agricultural and services sector activity and healthy balance sheets Correct Answer Incorrect Answer
    C Strong services sector and increased foreign investment Correct Answer Incorrect Answer
    D Government reforms and increased exports Correct Answer Incorrect Answer
    E Declining inflation and improved consumption Correct Answer Incorrect Answer

    Solution

    The RBI raised its growth projection to 7.2%, citing above-normal monsoon, strong agricultural and services sector activity, healthy balance sheets, and government capex.

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