According to the October 2023 World Economic Outlook report by the IMF, what will be India's GDP growth rate in the FY24 & FY25?

### Concept & Facts The International Monetary Fund (IMF) releases the World Economic Outlook (WEO) report bi-annually, providing GDP growth projections for major economies, which are crucial metrics for financial exams. ### Step-by-Step Solution * The IMF released its World Economic Outlook in October 2023. * In this report, the IMF revised its growth forecast for India. * It projected India's Gross Domestic Product (GDP) growth to remain resilient at 6.3% for the fiscal year 2023-2024 (FY24). * It also projected the same 6.3% growth rate for the subsequent fiscal year (FY25). ### Exam Strategy & Shortcut IMF and World Bank projections often hover in the low 6% range for India post-2022 recovery. For October 2023 specifically, remember the "twin 6.3%"—both FY24 and FY25 were pegged at exactly 6.3. ### Common Pitfall Mixing up IMF projections with RBI or World Bank projections. While the RBI frequently estimated 6.5%, the IMF's specific October 2023 number was a more conservative 6.3%. ### Final Answer Therefore, the correct answer is **6.3%**.