Wednesday, 15 April 2015

International Monetary Fund has stated what rate of Growth for India?

International Monetary Fund has stated what rate of Growth for India?

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Options

1) 7.5

2) 7.4

3) 7.7

4) 7.9

answer
1) 7.5

Other Details

India's growth is expected toincrease from 7.2 per cent in 2014 to 7.5 per cent in 2015.

 policy reforms, increase in investment, and lower oil prices will result such an rate

This was  said in IMF's latest World Economic Outlook.

China will have a decrease with growth rate falling from 7.4 per cent in 2014 to 6.8 per cent in 2015 and 6.3 per cent later.

this rate is lower than the estimates of the Finance Ministry and the RBI.

 Finance Ministry rate is 8-8.5 per cent in 2015-16,

 Reserve Bank of India (RBI) rate is  7.8 per cent.