_____________ is the estimated GDP growth rate for the first quarter of FY2024 , as per RBI’s Economic Activity Index ?
(a) 51% (b) 7.6% (c) 137% (d) 78% Ans.(b) Sol. The RBI’s economic activity index nowcasts a GDP growth rate of 7.6% for the first quarter of FY24. Partial data available for April 2023, coupled with an assumed GDP growth rate of 5.1% for Q4 FY23, has led to the projection of a robust 7.6% […]


