Current Affairs - Economy - Discussion

Discussion Forum : Economy - Latest Current Affairs (Q.No. 377)

2023-08-12 Economy

377.

According to the National Institute of Public Finance and Policy (NIPFP), what percentage of the economic growth of India is predicted to achieve in the financial year 2023-24 (FY24)?

7.2%

6.5%

5.5%

Answer: Option

Explanation:

The NIPFP predicts India's economic growth to slow to 6% in FY24 from the previous year's 7.2%. This is due to prevailing headwinds in the global economy, such as the Russia-Ukraine war and rising inflation.