Q. Which organization recently released 'Global Economic Prospects' report?
Answer:
World Bank
Notes: The World Bank's June 2024 Global Economic Prospects report revised India's GDP growth forecast for 2024-25 to 6.6%, up from 6.4% in January. India is projected to remain the fastest-growing major economy in 2024-25. For 2025-26, the forecast increased to 6.7% from 6.5%. India's economy grew by 8.2% in 2023-24, per the NSO. The Reserve Bank of India raised its 2024-25 forecast to 7.2%.