Current Affairs - Economy - Discussion

Discussion Forum : Economy - Latest Current Affairs (Q.No. 198)

2024-05-15 Economy

198.

What is Moody's forecast for India's GDP growth in FY25?

6.2%

6.4%

6.6%

6.8%

Answer: Option

Explanation:

Moody's predicts a 6.6% expansion for the Indian economy in FY25, reflecting their assessment of economic conditions and growth prospects. This forecast is expected to drive strong credit demand, particularly benefiting Non-Banking Financial Companies (NBFCs) despite challenges posed by rising funding costs.