Current Affairs - Economy - Discussion

Discussion Forum : Economy - Latest Current Affairs (Q.No. 302)

2023-11-14 Economy

302.

What is the forecasted GDP growth for India's economy in both FY24 and FY25, according to Morgan Stanley Research?

6.5%

5.0%

7.0%

8.5%

Answer: Option

Explanation:

Morgan Stanley Research anticipates a robust economic performance for India, projecting a GDP growth of approximately 6.5% in both FY24 and FY25. The positive outlook is attributed to resilient domestic fundamentals, strong corporate and financial sector balance sheets, and the impact of recent policy reforms.