Q. According to National Council of Applied Economic Research (NCAER), what is the predicted growth rate of Indian economy in 2024-25?
Answer:
7%
Notes: The National Council of Applied Economic Research predicts India's economy to surpass 7% growth this fiscal year, citing global growth, trade acceleration, and a promising monsoon. The IMF has raised India's growth forecast for 2024-25 to 6.8%, up from 6.5%. Government data reveals a 7.6% growth in FY24.