Economy - Current Affairs and GK

Q1:

According to the OECD, what are the projected growth rates for India's economy in fiscal years FY24 and FY25, respectively?

A 6.3% and 6.1%

B 6.7% and 6.3%

C 5.9% and 6.3%

D 6.3% and 7.2%

ANS:A - 6.3% and 6.1%

The OECD forecasts India's economy to grow at 6.3% in FY24 and further slow down to 6.1% in FY25, citing adverse weather and global economic challenges as contributing factors.