Oxford Economics' Kishore Says India's Economy Improving

The video discusses the Indian economy, focusing on the effects of demonetization and the introduction of GST. Initially, demonetization did not yield the expected growth, but the economy is showing signs of improvement. The GST rollout caused a temporary dip in economic activity, but it is not expected to have long-term effects. GDP growth is estimated at 6.5% to 6.9%, with pent-up demand and normalized cash liquidity contributing positively. Private investment has stabilized, indicating a positive growth outlook.

What was the initial impact of demonetization on India's economic growth?

• It caused a long-term decline in growth.

• It led to a significant increase in growth.

• There was no impact on growth.

• Growth initially did not meet expectations and dipped.

How is the dip in economic activity due to GST introduction described?

• As a temporary misallocation of resources.

• As a permanent decline in economic activity.

• As an increase in long-term investments.

• As a boost to economic activity.

What is the expected GDP growth rate according to the economist mentioned?

• 8.5%

• 5.5%

• 6.5%

• 7.5%

What factor is expected to benefit from the normalization of cash liquidity?

• Decrease in exports

• Pent-up consumption demand

• Reduction in government spending

• Increase in foreign debt

What is the outlook on private investment according to the transcript?

• It is expected to see a roaring recovery.

• It is not mentioned in the transcript.

• It has bottomed out and is stabilizing.

• It is expected to deteriorate further.