India's Growth Numbers 'Concerning,' Oxford Economics' Kishore Says

The transcript discusses the Reserve Bank of India's (RBI) stance amidst economic growth concerns, highlighting strong import demand and government spending. It explores fiscal measures, potential slippage, and credit concerns. The impact of populist spending in an election year is examined, with a focus on infrastructure investment. The discussion concludes with the effects of oil prices and financial sector stresses on GDP and credit growth.

What is the primary reason for the strong domestic demand mentioned in the first section?

• Government spending

• Higher consumer savings

• Increased private sector investment

• Rising export demand

What is a major concern for the government in terms of fiscal policy?

• Decreasing tax revenues

• High inflation rates

• Fiscal slippage

• Excessive foreign investment

How might populist spending affect the economy during an election year?

• It could result in short-term economic boosts.

• It might address India's major economic issues.

• It could lead to long-term economic stability.

• It may increase foreign investments.

What potential benefit could lower oil prices have on India's economy?

• Reduction in fiscal deficit

• Increase in GDP growth

• Decrease in GDP growth

• Increase in inflation

What challenge offsets the benefits of lower oil prices?

• Higher consumer savings

• Financial sector stresses

• Increased government spending

• Rising export demand