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What is the projected GDP growth forecast of India in the Calendar Year 2021, as per Moody’s?
A)
9.2%
B)
9.4%
C)
9.6%
D)
9.9%

Correct Answer :   9.6%


Moody’s Investors Service has retained India’s growth forecast for the calendar year (CY) 2021 at 9.6%, in its August update to ‘Global Macro Outlook 2021-22’ report. The GDP growth forecast for calendar year 2022 is retained at 7%. In India, economic activity is picking up alongside a gradual easing of restrictions that were implemented in response to the second wave. And there is further upside to growth as economies around the world progressively reopen.

Published On : September 1, 2021
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