Current Affairs - Economy - Discussion
Discussion Forum : Economy - Latest Current Affairs (Q.No. 141)
141.
What is India's projected GDP growth rate for 2024, leading the G20 nations?
Answer: Option
Explanation:
India has taken the lead in the G20 with an impressive 7% GDP growth rate projected for 2024, surpassing other major economies. This growth rate is significantly higher than Indonesia's 5% and China's 4.8%. The G20 represents a substantial portion of the global economy, accounting for 88% of global GDP, 78% of international trade, and nearly three-quarters of the world's population. India's strong growth prospects are driven by domestic consumption demand and steadily improving investment demand.
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