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As per the recent forecast by the Moody’s investor service, what would be GDP growth rate of India in 2021-22?
A)
15%
B)
13.5%
C)
10%
D)
8%

Correct Answer :   13.5%


Global rating agency Moody’s revised India’s 2021-22 GDP growth forecast to 13.5 per cent. The country’s growth will moderate to 6.2 per cent in the following year.
Moody’s also retained India’s sovereign rating at Baa3, the lowest investment grade, with a negative outlook. Indian ratings agency ICRA announced that India’s real GDP will grow 10.5 per cent in FY22.

Published On : March 3, 2021
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