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World Bank raises India's FY27 growth forecast to 7.1 per cent
સમાચારમાં કેમ?
Which institution forecasts India's FY27 growth at 7.1%? The World Bank's role and AI-readiness ranking explained
World Bank upgrades India's FY27 growth projection to 7.1 per cent.
Why it matters: factual, Prelims-type
What you need to know
2 મિનિટ
The World Bank has raised its growth projection for India for FY27 to 7.1 per cent.
It has also placed India among the top ten emerging-market performers on readiness for artificial intelligence.
સ્રોત: Topper IAS editorial (PIB / The Hindu / Indian Express)
મુખ્ય તથ્યો
Remember these
- World Bank has raised India's FY27 growth projection to 7.1 per cent
- India is placed among the top ten emerging-market performers on AI readiness
- FY27 means the fiscal year April 2026 to March 2027
- World Bank is headquartered in Washington DC and was set up at Bretton Woods in 1944
- Its growth projections are published in reports such as Global Economic Prospects and the India Development Update
પ્રિલિમ્સ · મેઇન્સ
How the exam will ask it
પ્રિલિમ્સ
- The World Bank Group is headquartered in Washington DC and emerged from the 1944 Bretton Woods Conference.
- India's fiscal year runs from 1 April to 31 March, so FY27 refers to 2026-27.
- Growth projections of the World Bank are forecasts of real GDP growth, which differ from the official estimates released by India's National Statistics Office.
મેઇન્સ
GS3 Economy: growth and development. An upgraded external forecast signals macro-economic resilience, but it rests on domestic demand, investment and stable inflation. Ranking high on AI readiness points to a digital-capability dividend; the way forward lies in skilling, compute and data infrastructure, and sustaining fiscal consolidation so that growth is inclusive and job-rich.
Quick recall
Answer before you reveal
A Fleet Support Ship of the Indian Navy is primarily designed to:
- Hunt enemy submarines in coastal waters
- Land troops and armour on a hostile shore
- Survey coastal waters and chart sea routes
- Replenish warships at sea with fuel, water and stores
જવાબ જુઓ
જવાબ: D — Correct: Replenish warships at sea with fuel, water and stores — Fleet Support Ships are replenishment vessels that supply fuel, water, stores and ammunition to warships at sea. • Hunt enemy submarines in coastal waters — wrong: Hunting submarines is the role of anti-submarine warfare ships and aircraft, not support ships. • Land troops and armour on a hostile shore — wrong: Landing troops and armour is the role of amphibious ships such as landing platform docks. • Survey coastal waters and chart sea routes — wrong: Surveying and charting is the role of hydrographic survey vessels.
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