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Economy - Current Affairs and GK

Q1:

What is India Ratings' forecast for GDP growth in FY25?

A 6.5%

B 7.2%

C 6.1%

D 5.8%

ANS:A - 6.5%

India Ratings predicts a GDP growth rate of 6.5% for the financial year 2024-25, slightly lower than the Reserve Bank of India's estimate of 7%. This forecast suggests a moderation in economic growth compared to previous periods, indicating potential shifts in economic dynamics.