Indian Economy is expected to expand by how much in FY 2022-23, as per latest FICCI Survey?

• A. 6.8 percent
• B. 6 percent
• C. 7 percent
• D. 8.4 percent

Answer: (C)

The Federation of Indian Chambers of Commerce and Industry (FICCI) released its quarterly survey. The Indian economy is expected to expand 7% in fiscal 2022/23, slower than a previous estimate of 7.4% and the central bank's 7.2% projection, according to a survey by India's leading industry body.