As of March 2024, what does Morgan Stanley's research forecast for India's GDP growth rate in FY25?
6.8%
The correct answer is option 4 I.e. 6.8% .
As of March 2024, Morgan Stanley revised its forecast for India's GDP growth in the financial year 2024–25 (FY25) to 6.8%, up from the previous estimate of 6.5%. This upward revision reflects sustained momentum in industrial activities and capital expenditure (capex), both public and private, which are expected to drive broad-based economic growth. The firm anticipates that the gaps between rural and urban consumption, as well as between public and private capex, will narrow in FY25 .
When goods are produced by exploiting natural resources, it is an activity associated with:
A system in which local farmers were allowed to cultivate temporarily within a plantation is known as:
Which goods from India dominated the international textile markets before the age of mechanized industries?
Which type of farming is practiced in areas of high population pressure on land?
The major economic attribute for comparing countries is their: