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What is the revised GDP growth rate of India as projected by India Ratings (Ind-Ra) in FY22?
A)
8.20%
B)
8.70%
C)
9.40%
D)
9.80%

Correct Answer : Option (C) - 9.40%


India Ratings and Research (Ind-Ra) has revised GDP growth rate to 9.4% for FY22 from its earlier estimate of 9.6%. The agency said that its earlier estimates were based on India’s vaccination progress. It had stated that if India is able to vaccinate everyone over 18 years of age by December 31, then the GDP growth would touch 9.6%. “Going by the pace of vaccination, it is now almost certain that India will not be able to vaccinate its entire adult population by 31 December 2021,” stated the agency, revising the growth estimate to 9.4%.

Published On : August 20, 2021
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