India currently in goldilocks period with low inflation coupled with gradual recovery: Nomura

Q.  India is currently in a period of low inflation with gradual recovery known as __________ period.
- Published on 14 Oct 15

a. Deflation period
b. Stagflation period
c. Goldilocks period
d. None of the above

ANSWER: Goldilocks period
 
India is presently in goldilocks period of low inflation along with gradual recovery and is expected to clock GDP growth rate of 7.6% in the fiscal according to Japanese financial services company Nomura. India's industrial output rose to nearly three-year high of 6.4 percent in August on improvement in manufacturing and capital goods while retail inflation rose to 4.41 percent in September. According to Nomura, GDP (at market prices) growth is set to recover to 7.6 percent YoY in FY16 from 7.3 percent in FY15.

Related Content

➨ Post your comment / Share knowledge


Enter the code shown above:

(Note: If you cannot read the numbers in the above image, reload the page to generate a new one.)
▲