India's GDP Seen Rebounding From Cash Ban

The video discusses India's economic reforms, including demonetization and GST implementation, and their impact on GDP growth. It highlights the short-term effects of these reforms, such as a re-monetization bounce and low inflation, while noting that long-term benefits will take time to materialize. The video also examines the impact of demonetization on the Indian economy, including the integration of the grey economy into the mainstream and the expansion of digital banking.

What are the expected GDP growth projections for India following recent economic reforms?

• Over 8%

• Around 6.7% to 6.8%

• Exactly 7%

• Below 5%

What temporary factors have contributed to the recent boost in India's GDP numbers?

• Re-monetization bounce and low inflation

• High inflation

• Increased foreign investment

• Rise in exports

How did demonetization affect the Indian economy in terms of banking?

• It had no impact on banking

• It led to a decrease in digital banking

• It reduced the number of bank accounts

• It expanded banking reach and promoted digital banking

What was one of the intended outcomes of demonetization in India?

• To reduce the number of banks

• To increase inflation

• To bring the grey economy into the mainstream

• To increase cash transactions

What remains a question regarding the impact of demonetization on corruption?

• Whether it eliminated corruption completely

• Whether it increased corruption

• Whether it effectively addressed corruption

• Whether it had no impact on corruption