Question
General Knowledge Question on Economics
The economic growth of how much per cent has the Indian Credit Rating Agency (ICRA) predicted in the current fiscal year?
A
8.4%
B
7.9%
C
8.1%
D
8.7%
Answer
7.9%
Explanation
Solution
- Founded in 1991, ICRA is a subsidiary of Moody’s Investors Service.
- It offers ratings across various sectors, including corporate, financial institutions, and project finance.
The correct option is (B): 7.9%