Question :

Indian Economy is expected to expand by how much in FY 2022-23, as per latest FICCI Survey?


A) 7 percent
B) 6 percent
C) 6.8 percent
D) 8.4 percent

Answer : A

Description :


The Federation of Indian Chambers of Commerce and Industry's (FICCI) released its quarterly survey on July 20, 2022. The FICCI survey warns that the Ukraine war is likely to keep inflation high and dent consumer demand. The survey also slashed India's growth forecast to 7 percent in Fiscal Year 2022-2023, much slower that the previous estimate of 7.4 percent and RBI's projection of 7.2 percent. 


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