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Question

What was India's GDP growth rate forecast for year 2018, as per latest report by Moody's Investors Service?

A
7.6%
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B
7.7%
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C
7.5%
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D
7.8%
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Solution

The correct option is A 7.6%
Moody's Investors Service estimated India's GDP growth forecast for year 2018 & 2019. In it, it has kept the GDP growth forecast for India in the calendar year 2018 unchanged at 7.6% and for 2019 at 7.5%, amid signs of economic recovery from the negative impact of demonetisation and disruption caused by GST roll out.

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