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ADB cuts India growth forecast to 7.2% for FY-2023 | Daily Current Affairs Dose

adb-cuts-india-growth-forecast-to-7.2-for-fy-2023-daily-current-affairs-dose
ADB cuts India growth forecast to 7.2% for FY-2023 | Daily Current Affairs Dose

Dear Aspirants, EducationBro is here with a Daily Current Affairs Dose. In this session, we will make the candidates aware of the daily current affairs topics, which will improve their general awareness, while also taking care that the candidates should not have any shortage of trending current affairs related to any country and abroad. Today’s Current Affairs topic is ADB cuts India growth forecast to 7.2% for FY-2023.

Our Daily Current Affairs Dose 2022 will help you to crack the General Awareness section of Banking Insurance SSC Railway UPSC and all government jobs exams.

ADB cuts India growth forecast to 7.2% for FY-2023 | Daily Current Affairs Dose

As per latest Asian Development Outlook released by Asian Development Bank (ADB) on slashed its growth forecast for India to 7.2 per cent from 7.5 per cent for financial year 2023 due to higher inflation.

Asian Development Bank (ADB) also raised its inflation forecast for India to 6.7% for financial year 2023 from 5.8% predicted earlier.

Important facts for upcoming exams from the above Current Affairs Topic

  • Formation of Asian Development Bank (ADB): 19 December 1966
  • Type of Asian Development Bank (ADB): Multilateral Development Bank
  • Headquarters of Asian Development Bank (ADB): Manila, Philippines
  • President of Asian Development Bank (ADB): Masatsugu Asakawa
  • How many countries are members of Asian Development Bank?: 68 countries

Important facts for upcoming exams from India

  • President of India: Droupadi Murmu 
  • Vice President of India: Venkaiah Naidu 
  • Prime Minister of India: Narendra Modi 
  • Chief Justice of India: N. V. Ramana 
  • Lok Sabha Speaker of India: Om Birla 
  • Capital of India: New Delhi 
  • Largest city of India: Mumbai 
  • Official languages of India: Hindi / English 
  • Currency of India: Indian rupee (₹) (INR) 
  • Total Population of India 2018 estimate: Neutral increase 1,352,642,280

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