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According to Morgan Stanley, India to contribute _____ to global GDP growth over 2023-24
A)
16%
B)
17%
C)
18%
D)
19%

Correct Answer :   16%


According to Morgan Stanley, India is expected to contribute 16% of the global gross domestic product (GDP) growth over 2023-24.

* The Indian economy is a key contributor to Asian economic growth outperformance and the broad-based recovery in demand runs counter to the weakness seen outside Asia.

* In recent months, a wide variety of indicators suggest that India’s recovery is strong and broad-based, and is well-placed to sustain growth rates of above 6%..

Source : Business Standard

Published On : May 18, 2023
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