As per the Asian Development Outlook (ADO) 2022, what is the estimated growth rate of India in 2023-24? [A] 10.5%[B] 9%[C] 8%[D] 6.5%
Option C) 8% : Manila-based Asian Development Bank recently released its flagship Asian Development Outlook (ADO) 2022. It projected South Asia’s largest economy India to grow by 7.5 per cent in the current fiscal year (2022-23) and by eight per cent the next year (2023-24). It also estimated a seven per cent collective growth for South Asian economies in 2022. South Asia comprises Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka.