India’s GDP Growth Rate Projection by Different Financial Organizations – GK Updates

India’s GDP Growth Rate Projection by Different Financial Organizations – GK Updates

Dear Readers, Here we have given the list of India GDP Growth Rate Projection by Different Financial Organizations for IBPS and Upcoming Examinations 2018-19. Candidates those who are all preparing for the Examination can use this study material.

India GDP Growth Rate Projection by Different Financial Organizations

1). Reserve Bank of India

RBI’s Projected India GDP growth Rate	Financial Year
6.6%	2018-19
7.4%	2019-20

Note: Also, the projection of real GVA (Gross Value Added) growth for 2017-18 has been revised down to 6.7 per cent from the August 2017 projection of 7.3 per cent.

Useful info:

• RBI Governor – Dr. Urjit Patel
• RBI headquarter – Mumbai, India

2). International Monetary Fund (IMF)

IMF Projected India GDP growth Rate	Financial Year
7.3%	2018-19
7.5%	2019-2020

 

IMF Projected World’s GDP growth Rate	Financial Year
3.7%	2017
3.9%	2018

Useful info:

• IMF Chief – Christine Lagarde
• IMF headquarter – Washington, D.C. (US)

3). World Bank

World Bank Projected India’s GDP growth Rate	Financial Year
7.3%	2018-19
7.5%	2019-20

 

World Bank Projected World’s GDP growth Rate	Financial Year
3.1%	2018-19

Useful info:

• World Bank President – Jim Yong Kim
• World Bank headquarter – Washington, D.C. (US)
• Members countries – 189

4). Asian Development Bank (ADB)

ADB Projected India GDP growth Rate	Financial Year
7.3%	2018-19
7.6%	2019-20

Useful info:

• ADB President – Takehiko Nakao
• ADB headquarter –Mandaluyong, Philippines
• Members countries – 67

5). United Nation (UN)

UN Projected India GDP growth Rate	Financial Year
7.6%	2018-19

Useful info:

• UN Secretary‑General – António Guterres
• UN headquarter – New York, US
• Members countries – 193

6). The credit rating agency Fitch Ratings

Fitch Projected India’s GDP growth Rate	Financial Year
7.3%	2018-19
7.5	2019-20

Useful info:

• Fitch CEO – Paul Taylor
• Fitch Ratings headquarter – New York, US

7). India Ratings and Research

Projected India’s GDP growth Rate	Financial Year
7.1%	2018-19

Useful info:

• India Ratings and Research MD & CEO – Rohit Sawhney.
• India Ratings and Research headquarter – Mumbai, Maharashtra

8). Domestic rating agency CRISIL

CRISIL’s Projected India GDP growth Rate	Financial Year
7.6%	2018-19

Useful info:

• CRISIL MD & CEO – Ashu Suyash
• CRISIL headquarter – Mumbai, Maharashtra

9). The Central Statistics Office (CSO)

CSO’s Projected India’s GDP growth Rate	Financial Year
6.6%	2017-18

Useful info:

• CSO Director General – Davendra Verma
• CSO headquarter – New Delhi, India

11). HSBC

HSBC’s Projected India’s GDP growth Rate	Financial Year
7%	2018-19
7.6%	2019-20

Useful info:

• HSBC CEO: Stuart Gulliver
• HSBC headquarter – London, UK

12). Organisation for Economic Cooperation and Development (OECD)

OECD Projected India’s GDP growth Rate	Financial Year
7.2%	2018-19

Useful info:

• OECD Secretary-General: Angel Gurría
• OECD headquarter – Paris, France