The International Monetary Fund (IMF) has cut India’s growth forecast for the current fiscal by one percentage point, citing demonetisation woes from 7.6% to 6.6%. It sees India ceding the tag of the world’s fastest growing major economy to China in FY17.
So, let’s discuss some questions related to this post:
Q1. Due to Demonetization how much IMF cut India’s growth from 7.6% to..?