Nomura Trims India's FY23 GDP Growth Projection To 7.3%

Nomura Trims India's FY23 GDP Growth Projection To 7.3%

Assessment

Interactive Video

Business

University

Hard

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The video discusses the wide range of expectations regarding the RBI's policy decisions amidst rising inflation. It highlights the need for the RBI to catch up with inflation and the potential revision of inflation forecasts. The discussion covers the trade-offs faced by central banks, the impact of higher inflation and interest rates on growth, and the implications for tax collection and fiscal deficit. Additionally, it addresses the rupee's depreciation and the RBI's focus on inflation control rather than currency control.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the consensus expectation for the RBI's policy move?

25 basis points

100 basis points

75 basis points

50 basis points

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the revised inflation forecast range expected by the speaker?

6.0% to 6.5%

8.0% to 8.5%

7.0% to 7.5%

5.7% to 6.2%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main concern if central banks tolerate higher inflation today?

Currency appreciation

Immediate recession

Medium-term growth risk

Short-term growth boost

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which sectors are most likely to be adversely affected by higher interest rates?

Technology and healthcare

Construction and finance

Agriculture and mining

Retail and tourism

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is high inflation affecting tax collection according to the speaker?

No impact on tax collection

Stabilizing tax collection

Increasing tax collection

Decreasing tax collection

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected trend for the rupee according to the speaker?

Stability

Significant depreciation

Appreciation

Mild depreciation

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary objective of the RBI's policy moves as discussed?

Reducing imports

Currency control

Inflation control

Boosting exports