Goldman Sachs Santanu Sengupta on India GDP Growth

The video discusses the expected 8.3% economic growth in Q3 2021, driven by consumption and investment. It highlights the potential impact of a new COVID-19 variant on the economy, particularly on oil prices and the current account deficit. The video also covers inflation trends and the Reserve Bank of India's anticipated monetary policies, including liquidity tightening and repo rate hikes. Additionally, it examines the implications of Prime Minister Modi's retreat on farm laws and forecasts a revival in the housing market due to favorable conditions.

What is the primary driver of the expected 8.3% growth in Q3 2021?

• Rural consumption

• Urban consumption

• International trade

• Government expenditure

How does a $10 increase in oil prices affect India's current account deficit?

• Widens by $10 billion

• Widens by $5 billion

• Widens by $20 billion

• Widens by $15 billion

What is the expected average inflation rate in 2022 according to the transcript?

• 5.8%

• 6.5%

• 6.0%

• 5.2%

What is the expected cumulative increase in the repo rate by the RBI in 2022?

• 100 basis points

• 75 basis points

• 125 basis points

• 50 basis points

What impact would the farm laws have had on inflation if implemented?

• Increase inflation in the short term

• No impact on inflation

• Increase inflation in the long term

• Decrease inflation in the long term

What percentage of GDP did India's investment fall by from fiscal year 12 to fiscal year 20?

• 7 percentage points

• 6 percentage points

• 5 percentage points

• 4 percentage points

What is the current state of home loan rates according to the transcript?

• At all-time lows

• At all-time highs

• At moderate levels

• Unchanged