What is the India’s GDP growth forecast for FY 17, as per latest report of United Nations World Economic Situation and Prospects (WESP) 2017?
What is the India’s GDP growth forecast for FY 17, as per latest report of United Nations World Economic Situation and Prospects (WESP) 2017?
[A]7.7%
[B]7.6%
[C]6.6%
[D]7.0%
7.7%
As per latest report of United Nations World Economic Situation and Prospects (WESP) 2017, India’s GDP growth forecast for FY 17 has been projected to 7.7% and 7.6% for FY 18 (2017-18). Though, the report cautioned that low capacity utilization and stressed balance sheets of banks and businesses will prevent a strong investment revival in the short term.