Current Affairs

GK MCQs Section
Q. According to the recent Asian Development Bank report, what is the expected growth rate of the Indian economy in 2024-25?
Answer: 7.0%
Notes: The Asian Development Bank's (ADB) April 2024 outlook revised India's GDP growth forecast for FY25 to 7%, up from 6.7%. ADB reported India's 7.6% GDP growth in 2023-24, projecting 7.2% growth in 2025-26. Reserve Bank of India also forecasts 7% growth for FY25. Despite global economic challenges, India is anticipated to lead major economies in FY 2025, fueled by domestic demand, government policies, investments, and export gains in electronics and services.
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