WB predicts 8% growth for India in 2017
Q. What growth rate for India has been predicted by the World Bank for the year 2017?- Published on 03 Apr 15a. 9%
b. 9.5%
c. 8%
d. 8.5%
ANSWER: 8%
The World Bank has predicted 8 percent GDP growth rate of India by 2017 and said that a strong expansion in the country, coupled with favorable oil prices, would accelerate the economic growth in South Asia. The bank in its semi-annual report said, in India, GDP growth is expected to accelerate to 7.5 percent in fiscal year 2015 -16 and India's economic growth could reach 8 per cent in fiscal year 2017-18, on the back of significant acceleration of investment growth to 12 per cent during 2016 to 2018.
