Q. According to IMF, what is the GDP growth projection of India for FY 2024-25?
Answer:
6.8%
Notes: The IMF raised India's GDP growth projection for FY 2024-25 to 6.8%, up 30 basis points from its previous forecast. India's growth is anticipated to stay strong due to robust domestic demand and a growing working-age population. Globally, growth is projected to continue at 3.2% for FY 2024-25 and FY 2025-26. India retains its status as the world's fastest-growing economy, outpacing China's growth projection of 4.6% in the same period.