India to grow at what rate in 2018 as per IMF?
A. 7.4%
B. 8.2%
C. 6.8%
D. 7.0%
Answer:A
India to grow at what rate in 2018 as per IMF?
A. 7.4% B. 8.2% C. 6.8% D. 7.0%
Explanation: International Monetary Fund(IMF) has said that India is expected to grow at 7.4% in 2018 and 7.8% in 2019 and would re-emerge as one of the fastest growing major economies in the period. The IMF explained this is due to the strong private consumption as well as fading transitory effects of the currency exchange initiative and implementation of the national goods and services tax. The world agency said India will leave its nearest rival China which will grow at 6.6 in 2018 and 6.4 per cent in 2019. IMF said, two major economic reforms, demonetisation and GST, resulted in a slightly lower growth rate of 6.7 per cent in 2017. .............Check More at INDIA GK" App: tinyurl.com/IndiaGK