Question

Q.66 According to the World Economic Outlook-April 2022 report, raised India's GDP growth estimate to 9% for 2022-23 and for 2023-24 it forecast the economy to grow by 7.1%. Who released this report?

• A. Reserve Bank of India
• B. Ministry of Finance of India
• C. International Monetary Fund (IMF)
• D. World Bank

Answer 1

Answer:

C. International Monetary Fund (IMF)

• The "World Economic Outlook - April 2022" report was released by the International Monetary Fund (IMF), revising India's GDP growth estimates.

• The World Economic Outlook is a biannual report published by the International Monetary Fund (IMF), providing analysis and projections of global economic developments.

• The April 2022 edition raised India's GDP growth estimate to 9% for 2022–23, reflecting the country's recovery from the COVID-19 pandemic.