As per the HSBC report, India’s growth rate is expected to accelerate at around 6.5 percent in 2017-18 and is likely to improve further to 7.6 percent by 2019-20.
The result is expected as key sectors would revive from disruptions related to the implementation of GST and demonetisation.
Static/Current Takeaways Important for IBPS Clerk Mains 2017 Exam-
- HSBC Headquarters in London, United Kingdom.
- HSBC was established in 1865 to finance trade between Europe and Asia.
- Present CEO of HSBC- Stuart Gulliver.
Source- Business Standard
