39.The Economic Advisory Council to the Prime Minister (EAC-PM) has forecasted India’s GDP Growth for next year to be? [A] 11-12% [B] 10.5% [C] 9% [D] 7-7.5% Show Answer
Answer: [D] 7-7.5% Notes: The Economic Advisory Council to the Prime Minister (EAC-PM) forecasted that the Indian economy is likely to grow by 7 - 7.5 per cent in the next fiscal year. The Council also observed that contact intensive sectors and construction should recover in 2022-23. The Reserve Bank of India (RBI) lowered the growth projection for the current financial year to 9.5 per cent, while the IMF has projected a growth of 9.5 per cent in 2021 and 8.5 per cent in the next year.
