American based Investment Bank, Morgan Stanley estimated India’s GDP growth to 10.5 Percent

American based Investment Bank, Morgan Stanley estimated India's GDP growth to 10.5 Percent

Question : What is the estimated GDP growth rate of India in financial year 2021-22 (FY22), as estimated by the Morgan Stanley?
(a) 9.6 Percent
(b) 10.5 Percent
(c) 7.8 Percent
(d) 8.5 Percent
Answer : (b)
Related Facts:

  • Morgan Stanley estimatesIndia’s GDP growth to 10.5% for the financial year 2021-22.
  • GDP growth is expected to move into positive territory on a two-year CAGR basis from QE September.
  • GDP grew 20.1 per cent year-on-year in the quarterending June 2021.
  • James Gorman is the current chairman and CEO of Morgan Stanley.
  • The Headquarter of Morgan Stanley is in New York ( USA).

BY: AMIT GUPTA

Reference : https://www.business-standard.com/article/economy-policy/morgan-stanley-maintains-india-gdp-growth-estimate-of-10-5-for-fy22-121090100531_1.html