Goldman's Sengupta on India's Economic Prospects

The video discusses India's economic outlook, focusing on GDP growth, inflation, and monetary policy. It highlights the impact of base effects on GDP, inflation trends, and the Reserve Bank of India's strategies. The discussion covers fiscal policy measures, external pressures like the strong dollar, and foreign direct investment. Potential risks such as oil prices and the Fed's interest rate cycle are also examined.

What is the expected GDP growth for India in 2023?

• 6.2%

• 5.9%

• 7.0%

• 6.5%

Which component of inflation is expected to remain sticky in 2023?

• Core services inflation

• Energy inflation

• Food inflation

• Core goods inflation

How much is the RBI expected to raise the repo rate by February policy?

• 85 basis points

• 35 basis points

• 50 basis points

• 100 basis points

What fiscal policy measure has the government used to manage food inflation?

• Raising import duties

• Cutting taxes

• Increasing food subsidies

• Reducing interest rates

What is the projected range for India's current account deficit as a percentage of GDP?

• 1% to 1.5%

• 4% to 4.5%

• 2% to 2.5%

• 3% to 3.5%

What is the consistent annual range of foreign direct investment in India?

• $40 to $45 billion

• $60 to $65 billion

• $30 to $35 billion

• $50 to $55 billion

What could be a potential external shock for India in 2023?

• Increased domestic consumption

• Decreasing oil prices

• Higher Federal Reserve rates

• Strengthening of the rupee