According to the National Institute of Public Finance and Policy (NIPFP), what percentage of the economic growth of India is predicted to achieve in the financial year 2023-24 (FY24)?
7.2%
6.5%
6%
5.5%
Correct Answer :
C. 6%
The NIPFP predicts India's economic growth to slow to 6% in FY24 from the previous year's 7.2%. This is due to prevailing headwinds in the global economy, such as the Russia-Ukraine war and rising inflation.
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