According to the World Bank’s India Development Update, what is India's projected GDP growth rate for FY 2024-25?

Correct option is B

• 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.

• 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. ​