Multiple Choice Questions on As per Oxford Economics what is the projected GDP of India for the Calendar year 2021 ........ for SBI (Clerical) Exam Preparation

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Indian Economy - Understanding the basics of Indian economic system

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    As per Oxford Economics, what is the projected GDP of India for the Calendar year 2021 ?

    8.8 percent

    Incorrect Answer

    9.2 percent

    Incorrect Answer

    10.2 percent

    Correct Answer

    11.1 percent

    Incorrect Answer
    Explanation:
    • The global forecasting firm Oxford Economics has revised India’s economic growth projection for the Calendar year 2021 to 10.2 percent, compared to previous estimate of 8.8 percent.
    • The reason for the upward revision is the receding COVID-19 risks and the shift in the monetary policy outlook.

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