Question

What is the India’s GDP forecast for FY 17, as per latest report by the International Monetary Fund (IMF)?
[A] 7.2%
[B] 6.8%
[C] 6.6%
[D] 7.0%

Answer 1

Answer is C (6.6% )

The International Monetary Fund (IMF) has downgraded India’s GDP growth forecast for FY 17 to 6.6% against its earlier estimate of 7.6% currencies in its updated flagship publication “World Economic Outlook (WEO)” due to Indian government’s move to demonetize high-value currencies. Apart from this, in the updated WEO report, the IMF has expected India’s growth rate at 7.2% in 2017-18 and 7.7% in 2018-19. The report stated that India’s GDP growth forecast downgraded due to the temporary negative consumption shock induced by cash shortages and payment disruptions associated with the recent currency note withdrawal and exchange initiative.

Answer 2

hey mate ur ans

Correct answer is (c) - 6.6%

hope it helps