What is the GDP growth projection for 2022-23, as per RBI's Monetary Policy April 2022?

• A. 7.5%
• B. 8.6%
• C. 7.2%
• D. 8.7%

Answer: (C)

The Reserve Bank of India (RBI) maintained an accommodative stance and cut the real Gross Domestic Product (GDP) growth projection for the 2022-23 to 7.2 percent, against the earlier projection of 7.8 percent.