Question

What is the India’s projected growth rate for 2017, as per supplement of Asian Development Bank (ADB) Outlook 2017?
[A] 7.4%
[B] 7.6%
[C] 7.2%
[D] 7.5%

Answer 1

 A [7.4%]

According to the supplement of Asian Development Bank (ADB) Outlook 2017, India is expected to achieve the projected growth rate of 7.4% in 2017 and 7.6% in 2018 on strong consumption demand. According to the report, South Asia will be the fastest growing of all sub-regions in Asia and the Pacific, with growth on track to meet original projections of 7% in 2017 and 7.2% in 2018. In the supplement, ADB has upgraded its growth outlook in the Asian region to 5.9% in 2017 from 5.7% and to 5.8% for 2018 from 5.7%.