IMF raises Indian growth forecast in March 2015
Q. The International Monetary Fund (IMF) has raised India's growth forecast for the current fiscal to _____.- Published on 28 Mar 15a. 6%
b. 6.7%
c. 7.2%
d. 7.9%
ANSWER: 7.2%
Last year, IMF had forecast a growth rate of 5.6 percent for the current fiscal, and 6.4 per cent for the next fiscal. In its annual assessment report for the country, IMF said that India has emerged as one of the fastest-growing big emerging market economies and the growth rate would grow by 7.5 per cent.