ECONOMY & INFRASTRUCTURE
GDP / Inflation
Goldman Sachs Revises India's 2026 Growth Forecast Downward
Global investment bank Goldman Sachs has reduced India's Gross Domestic Product (GDP) growth forecast for the calendar year 2026.
The growth projection has been slashed by 60 basis points (bps) to a revised figure of 5.9%.
The reduction was highlighted in their latest economic report titled 'A Tighter Squeeze on Asia's Energy Supply'.
The bank cites energy supply constraints in Asia as a primary factor impacting the broader economic momentum.
Exam Perspective: GDP revisions by major international financial institutions are critical indicators for macroeconomic stability analysis.
The growth projection has been slashed by 60 basis points (bps) to a revised figure of 5.9%.
The reduction was highlighted in their latest economic report titled 'A Tighter Squeeze on Asia's Energy Supply'.
The bank cites energy supply constraints in Asia as a primary factor impacting the broader economic momentum.
Exam Perspective: GDP revisions by major international financial institutions are critical indicators for macroeconomic stability analysis.
Key Facts / Static GK
Goldman Sachs Headquarters: New York, USA
Basis Points (bps): 100 bps equals 1 percentage point
Basis Points (bps): 100 bps equals 1 percentage point
Practice Quiz — 25 March 2026
Q1. Which organization developed the 'Real-time Internal Audit Portal' launched by the Ministry of Rural Development?
Answer: (B) National Informatics Centre (NIC) — The Real-time Internal Audit Portal was developed by the National Informatics Centre (NIC) under the Ministry of Electronics and Information Technology (MeitY).
Q2. The Lipulekh Pass, which is set to resume border trade in 2026, connects India with which of the following regions?
Answer: (B) Tibet (China) — The Lipulekh Pass is a historic route connecting the Pithoragarh district of Uttarakhand, India, with Tibet (China).
Q3. What is the new minimum investment requirement for Social Impact Funds (SIFs) as per the SEBI 213th Board Meeting reforms?
Answer: (D) ₹1,000 — SEBI reduced the minimum investment threshold for Social Impact Funds (SIFs) from ₹2 lakh to ₹1,000 to make them accessible to retail investors.
Q4. Under the DEA Fund Scheme 2014, after how many years of inactivity must a bank transfer the credit balance to the RBI?
Answer: (C) 10 years — Under the DEA Fund Scheme 2014, banks are required to transfer credit balances in accounts that have been inactive for 10 years or more to the DEA Fund.
Q5. According to the National Generation Adequacy Plan, what is India's projected total power capacity by the year 2035–36?
Answer: (C) 1,121 GW — The plan projects that India's installed power generation capacity will increase to 1,121 Gigawatt (GW) by the year 2035-36.
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