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According to Global investment bank Nomura, India’s economy will increase _____% growth rate in 2018?
  • a)
    7%
  • b)
    7.9%
  • c)
    7.6%
  • d)
    8%
  • e)
    7.5 %
Correct answer is option 'E'. Can you explain this answer?
Verified Answer
According to Global investment bank Nomura, India’s economy will...
Global investment bank Nomura has predicted India’s economy to register a 7.5 % growth rate in 2018, saying it is on the cusp of a cyclical recovery. Nomura said in the report that, the Indian economy is on the cusp of a cyclical recovery. The government has continued to implement structural reforms and prudent macro policies, the benefits of which may be harder to pinpoint right now, but over time will be positive for growth. It said higher crude oil prices and state election results are the main risks. Given the base effects, Nomura expects the growth in the first half of 2018to be at 7.8 %.
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According to Global investment bank Nomura, India’s economy will increase _____% growth rate in 2018?a)7%b)7.9%c)7.6%d)8%e)7.5 %Correct answer is option 'E'. Can you explain this answer?
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