Current Affairs - Economy - Discussion

Discussion Forum : Economy - Latest Current Affairs (Q.No. 195)

2024-05-20 Economy

195.

What is the projected GDP growth rate for the March quarter according to Ind-RA?

6.7%

8.4%

7.1%

6.5%

Answer: Option

Explanation:

Ind-RA forecasts a GDP growth rate of 6.7% for the March quarter, reflecting a moderation from the exceptionally high growth rate of 8.4% observed in the December quarter. This projection aligns with the absence of factors like the significant boost from tax collections seen in the third quarter, leading to a more cautious estimate for the final quarter of the fiscal year.