Current Affairs · Economic Forecasts
What is highlighted as a primary reason for the moderation in India's projected GDP growth rate in recent rating agency forecasts (such as CRISIL)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Hyperinflation leading to a total halt in domestic consumer spending
- 2Lower fiscal impulse due to government consolidation and a high base effect in private capital expenditure✓
- 3A severe sudden collapse in global information technology services
- 4An unprecedented expansion in the agricultural sector outstripping demand
Correct answer
Lower fiscal impulse due to government consolidation and a high base effect in private capital expenditure
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