The International Monetary Fund (IMF) has cut India’s GDP growth forecast by 10 basis points to 7.3% in the year 2018 and by 30 basis points to 7.5% in 2019, as the international body expects the central bank to tighten the monetary policy faster.
The IMF announced that India remains a key driver of global growth and India will still retain its top spot in the global growth league.
Source- AIR World Service
Static/Current Takeaways Important for SBI PO/Clerk Exam 2018-
- Managing Director of IMF- Christine Lagarde, Headquarters in- Washington DC, USA.
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