Question

As per the Ratings agency ICRA, what is the estimated real GDP Growth of India in FY 2022?

• A. 12.5 %
• B. 11 %
• C. 10%
• D. 9%

Answer 1

Answer:

D. 9%

The Ratings agency ICRA has maintained its forecast of a 9.0% GDP expansion for India in FY 2022. It maintained that a K-shaped divergence will be seen amongst the formal and informal sectors of the economy. The ratings agency also expects the economy to maintain a similar 9.0% growth in the next fiscal year FY 2023.