What is the estimated GDP growth rate of India in FY22, as per the latest projection of UBS Securities?

• A. 7.5%
• B. 10.1%
• C. 8.4%
• D. 9.1%

Answer: (D)

Citing the massive surge in Omicron infections and the resultant impact on overall economic activities in the March quarter, Swiss brokerage UBS Securities has revised downwards its India's growth forecast for the current financial year to 9.1 per cent from 9.5 per cent earlier.