The correct answer is 8.2 per cent. Explanation & Key Takeaways: • The International Monetary Fund (IMF) on 19 April 2022 sharply slashed India’s growth forecast to 8.2% for 2022-23 from 9% estimated in January 2022. • The multilateral agency has projected India’s growth to slow to 6.9% in 2023-24 from 7.2% estimated earlier. • The IMF estimated India’s inflation to average 6.1% in 2022-23. Related Concepts: • Important Current Affairs on India's GDP growth in 2022: • Morgan Stanley has trimmed India's economic growth forecast by 50 basis points to 7.9% for the fiscal year 2022-23. • Furthermore, Stanley raised the country's retail inflation estimate to 6%, meanwhile, current account deficits are seen to widen by 3% of GDP. • The World Bank has retained its forecast for India's GDP growth for FY22 at 8.3%, according to its global economic prospectus report. • Further, the Washington-based agency has upgraded its forecast for FY23 and FY24 at 8.7% and 6.8% respectively. • Global growth is expected to decelerate "markedly" to 4.1% in 2022 from 5.5% in 2021 and drop further to 3.2% in 2023. • As per the National Statistical Office (NSO) report released on 7 January 2022, India's Gross domestic product (GDP) is expected to grow at 9.2 per cent in the fiscal year 2021-22. • The National Statistics Office (NSO) is responsible for collecting, compiling, classifying, producing, publishing statistics, and for carrying out and administering the provisions of the Civil Registry Law. • The Reserve Bank of India's pre-third wave projection of GDP growth was 9.5% in December 2021. • HDFC Bank expects the GDP growth for FY22 to be between 9% and 9.5%. • India’s GDP is likely to have grown at 1.3% in the fourth quarter of 2020-21 and may have contracted by about 7.3% for the full financial year, according to an SBI research report ‘Ecowrap’ in July 2021. • Retail inflation declined to 4.35 per cent in September 2021, mainly due to lower food prices, according to government data released.