What is the revised GDP growth forecast for India in FY25 according to the OECD?

6.2%

6.5%

6.8%

7.0%

Correct Answer : 6.8%

The OECD has raised India's GDP growth forecast for FY25 to 6.8%, up from the previous estimate of 6.7%.

This revision is driven by factors such as robust public infrastructure spending, strong private investment, and a recovery in agricultural output.

The growth is expected to be sustained through FY25 and FY26, supported by investment and rural income growth.

Despite global economic uncertainties, India's economy is expected to remain resilient with nearly 7% growth, reflecting its strong internal economic drivers.

Published On : December 7, 2024

Recent Updates in Indian Economy - General Knowledge Questions

Q .

What is the projected growth rate of the Indian economy for FY25 according to Deloitte?

6.5-6.8%

6.7-7.3%

7.0-7.5%

7.2-7.8%

Correct Answer : 6.5-6.8%

* Deloitte forecasts the Indian economy to grow at 6.5-6.8% in FY25, driven by strong domestic consumption, infrastructure development, and digitisation efforts.

* While challenges such as geopolitical tensions and global liquidity constraints may pose risks, India’s resilience in services, manufacturing exports, and stable capital markets provides a solid foundation for sustained economic growth.

Published On : December 31, 2024

Category : Indian Economy

Q .

What is India's projected real GDP growth rate for FY25 and FY26?

5.4%

5.5%

6.5%

6.7%

Correct Answer : 6.5%

India's projected real GDP growth rate for FY25 and FY26 is estimated at 6.5%, supported by robust economic fundamentals despite some recent challenges.

While Q2 FY25 GDP growth eased to 5.4% from 6.7% in Q1 FY25 due to factors like a decline in manufacturing PMI and a slowdown in private consumption, inflation trends show improvement with CPI falling to 5.5% in November. The 6.5% projection reflects optimism for sustained economic growth.

Published On : December 27, 2024

Category : Indian Economy

Q .

How much growth has India Ratings and Research projected for the Indian economy for the financial year 2025-26?

5.3%

5.7%

6.2%

6.6%

Correct Answer : 6.6%

* India Ratings and Research (Ind-Ra) has projected a growth of 6.6% for the Indian economy in financial year 2025-26 (FY26), higher than the 6.4% growth estimated in the current financial year (FY25)13.

* This growth is expected to be driven mainly by a significant increase in investments. Gross fixed capital formation (GFCF) is estimated to grow by 7.2%.