What is the projected GDP growth rate of India in the calendar year 2022 as per Moody's?

• A. 8.1%
• B. 9.1%
• C. 9.5%
• D. 8.8%

Answer: (B)

Rating agency Moody's has revised downwards the economic growth forecast of India by 40 basis points to 9.1 percent in the Calendar Year 2022 (CY2022), due to adverse effects of the Russia-Ukraine conflict on the global economy.