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According to the 2018 Global Economics Prospect released by the World Bank on January 9, 2018, Indian economy is projected to grow at _____ % in next 2 years?
  • a)
    7.9%
  • b)
    7.8%
  • c)
    7.7%
  • d)
    7.6%
  • e)
    7.5%
Correct answer is option 'E'. Can you explain this answer?
Verified Answer
According to the 2018 Global Economics Prospect released by the World ...
According to the 2018 Global Economics Prospect released by the World Bank on January 9, 2018, Indian economy is projected to grow at 7.3% in 2018 and 7.5% in next two years. In 2017, India economy is estimated to have grown at 6.7 per cent despite lingering effects of demonetisation and teething problems related to implementation of the Goods and Services Tax (GST). Chinese economy grew at 6.8 per cent in 2017. For 2018, its growth rate is projected at 6.4 per cent. The report outlined that in the next decade, India will register higher growth rate as compared to other major emerging market economies.
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According to the 2018 Global Economics Prospect released by the World Bank on January 9, 2018, Indian economy is projected to grow at _____ % in next 2 years?a)7.9%b)7.8%c)7.7%d)7.6%e)7.5%Correct answer is option 'E'. Can you explain this answer?
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