Correct option is B
The correct answer is: (b) 7%
Explanation:
- According to the World Bank's India Development Update, India's GDP growth rate for the fiscal year 2024-25 is projected at 7%.
- This projection reflects robust economic performance,supported by factors such as increased agricultural production and strong employment growth.
Information Booster :
India's growth rate is among the highest in South Asia, positioning it as a leading emerging market economy.
The Reserve Bank of India (RBI) maintained its real GDP growth forecast at 7.2% for FY25.
Strong private consumption and public investment have been key drivers of India's economic growth.
The International Monetary Fund (IMF) projected India's GDP growth at 6.5% for 2025.
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