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Question

What was India's GDP growth forecast for 2018, as per IMF's latest World Economic Outlook (WEO) update?

A
7.4%
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B
7.8%
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C
6.6%
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D
7.6%
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Solution

The correct option is A 7.4%
The International Monetary Fund (IMF) had recently released its latest World Economic Outlook (WEO) update in Davos, Switzerland on the sidelines of the World Economic Forum. In it, Indias GDP growth forecast was projected to 7.4% in 2018 and 7.8% in 2019. According to WEO update, China is expected to grow at 6.6% and 6.4% for the year 2018 and 2019, respectively.

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