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International Monetary Fund (IMF) has lowered India’s growth forecast from its earlier estimate of 7.2% to ______% .
  • a)
    6.8
  • b)
    6.9
  • c)
    7.5
  • d)
    6.7
  • e)
    7.0
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
International Monetary Fund (IMF) has lowered India’s growth for...
Answer 4. 6.7 %
Explanation International Monetary Fund (IMF) has lowered India’s growth forecast for 2017 to 6.7% from its earlier estimate of 7.2%.
In the latest edition of World Economic Outlook report, IMF has cited lingering impact of demonetisation and teething problems related to implementation of Goods & Services Tax (GST) as main reasons for the downward revision of Indian economy’s growth forecast.
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International Monetary Fund (IMF) has lowered India’s growth forecast from its earlier estimate of 7.2% to ______% .a)6.8b)6.9c)7.5d)6.7e)7.0Correct answer is option 'D'. Can you explain this answer?
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