Question

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

• A. $7.6\%$
• B. $7.7\%$
• C. $7.5\%$
• D. $7.8\%$

Answer 1

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.