Q1. Consider the following statements regarding the IMF April 2026 World Economic Outlook (WEO): 1. India's FY27 GDP growth projection has been revised downward to 5.5%. 2. The WEO is titled 'Global Economy in the Shadow of War' and projects global growth to slow to 3.1% in calendar year 2026. Which of the statements given above is/are correct?
A 1 only
B Both 1 and 2
C 2 only Correct
D Neither 1 nor 2
Explanation
Statement 1 is incorrect — India's FY27 GDP growth projection was revised upward by 10 basis points to 6.5% (from 6.4% in the January 2026 update), not downward to 5.5%. Statement 2 is correct — the IMF April 2026 WEO is titled 'Global Economy in the Shadow of War' and projects global growth to slow to 3.1% in 2026 and 3.2% in 2027.