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Economy - Current Affairs and GK

Q1:

What is the real GDP growth forecast for India in FY24, according to the Finance Ministry?

A 6.2%

B 6.5%

C 7.2%

D 7.5%

ANS:B - 6.5%

The Finance Ministry has forecast a real GDP growth of 6.5% for India in FY24. This is based on the strong performance of the Indian economy in the first quarter of FY24, as well as factors such as improved corporate profitability, private capital formation, and bank credit growth.