Question

According to the World Bank's India Development Update, what is India's projected GDP growth rate for FY 2024-25?

• A. 8%
• B. 7%
• C. 6.5%
• D. 5%

Answer 1

Answer:

B. 7%

According to the World Bank's India Development Update, India's GDP is projected to grow at 7% in FY 2024-25. According to the World Bank's India Development Update, the country's GDP is projected to grow at a robust 7% in FY 2024-25, underscoring its position as the fastest-growing major economy in the world. This growth momentum has been consistent, with GDP rising from 7.0% in FY 2022-23 to 8.2% in FY 2023-24