The World Bank had recently downgraded India rsquo s real GDP growth forecast for the Financial Year...........

Current Affairs (CAPF) Indian Economy

The World Bank had recently downgraded India’s real GDP growth forecast for the Financial Year 2023 (2022-23). In its latest report the World Bank had slashed India’s real GDP growth forecast from the earlier estimate of 7.5 per cent to ___________,

4.5 per cent.

5.5 per cent.

6.0 per cent.

6.5 per cent.

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Explanation:

The World Bank on cut its 2022-23 (FY23) real gross domestic product (GDP) growth forecast for India to 6.5%, from an earlier estimate of 7.5%, while warning that spillovers from Russia's invasion of Ukraine and global monetary tightening will weigh on the economic outlook.