Current Affairs - Economy - Discussion
Discussion Forum : Economy - Latest Current Affairs (Q.No. 187)
187.
What is India's GDP growth forecast for 2024-25, as maintained by S&P Global?
Answer: Option
Explanation:
S&P Global retained India's GDP growth forecast for 2024-25 at 6.8%. Despite revisions for subsequent years, this figure reflects confidence in India's economic stability for the stated period. Factors influencing the forecast include high interest rates and a reduction in fiscal impetus, which may dampen urban demand. However, the retained growth rate suggests resilience in other sectors offsetting these challenges.
Discussion:
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