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    Question

    What is growth forecast for India by International Monetary Fund (IMF) for the year 2018?

    A 6.5% Correct Answer Incorrect Answer
    B 7.1% Correct Answer Incorrect Answer
    C 7.3% Correct Answer Incorrect Answer
    D 7.4% Correct Answer Incorrect Answer
    E 7.6% Correct Answer Incorrect Answer

    Solution

    As per International Monetary Fund (IMF)’s forecast, India will grow at 7.4% of GDP in 2018. 6.5% is the India's growth rate in the FY 2017-18 as per the estimate of Central Statistical Organization (CSO). 7.1% was India's growth rate in FY 2016-17. World Bank's projection for 2017-18 is 7.3%. Asian Development Bank's projection- 7.4%.

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