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Economy - Current Affairs and GK

Q1:

What is Moody's forecast for India's GDP growth in FY25?

A 6.2%

B 6.4%

C 6.6%

D 6.8%

ANS:C - 6.6%

Moody's predicts a 6.6% expansion for the Indian economy in FY25, reflecting their assessment of economic conditions and growth prospects. This forecast is expected to drive strong credit demand, particularly benefiting Non-Banking Financial Companies (NBFCs) despite challenges posed by rising funding costs.