UPSC Prelims Practice Questions — IMF upgrades India’s growth projection to 7.3%

Q1. With reference to the IMF's January 2026 World Economic Outlook (WEO) Update vis-à-vis its October 2025 WEO, consider the following statements: 1. In its October 2025 WEO, the IMF had projected India's FY 2025-26 growth at 6.6%, which was revised upward by 0.7 percentage points in the January 2026 WEO Update. 2. The January 2026 Update projects India's growth to further accelerate to 7.5% in both 2026 and 2027. 3. While the full WEO is released in April and October, the WEO Update is released as an interim revision in January and July. Which of the statements given above is/are correct?

  1. In its October 2025 WEO, the IMF had projected India's FY 2025-26 growth at 6.6%, which was revised upward by 0.7 percentage points in the January 2026 WEO Update.
  2. The January 2026 Update projects India's growth to further accelerate to 7.5% in both 2026 and 2027.
  3. While the full WEO is released in April and October, the WEO Update is released as an interim revision in January and July.
  • A. 1 only
  • B. 1 and 3 only
  • C. 2 and 3 only
  • D. 1, 2 and 3

Q2. According to the IMF's January 2026 World Economic Outlook Update, which one of the following is projected to be the fastest-growing major economy in 2026 and 2027?

  • A. China
  • B. United States
  • C. India
  • D. Indonesia

Q3. With reference to the IMF's World Economic Outlook (WEO), consider the following statements: 1. The full edition of the WEO is released by the IMF in April and October each year. 2. The WEO Updates are released as interim revisions in January and July. 3. The January 2026 WEO Update was titled 'Global Economy: Steady amid Divergent Forces'. 4. The WEO is published jointly by the IMF and the World Bank as a flagship report. Which of the statements given above are correct?

  1. The full edition of the WEO is released by the IMF in April and October each year.
  2. The WEO Updates are released as interim revisions in January and July.
  3. The January 2026 WEO Update was titled 'Global Economy: Steady amid Divergent Forces'.
  4. The WEO is published jointly by the IMF and the World Bank as a flagship report.
  • A. 1 and 3 only
  • B. 2 and 4 only
  • C. 1, 2 and 3 only
  • D. 1, 2, 3 and 4

Q4. The World Economic Outlook (WEO), whose January 2026 Update upgraded India's FY 2025-26 growth projection to 7.3%, is exclusively the flagship publication of which one of the following organisations?

  • A. World Bank
  • B. International Monetary Fund
  • C. Organisation for Economic Co-operation and Development
  • D. United Nations Conference on Trade and Development (UNCTAD)

Q5. By how many percentage points did the IMF, in its January 2026 World Economic Outlook Update, revise upward its growth projection for India for FY 2025-26 as compared to its October 2025 projection?

  • A. 0.3 percentage point
  • B. 0.5 percentage point
  • C. 0.7 percentage point
  • D. 1.0 percentage point