IMFs-Forecasts 2016 : World Economic Outlook

1. Which of the following is not the projection of IMF in updated (January 2016) 'World Economic Outlook' forecasts?
   1. World economy would grow at 3.4% in 2016 and 3.6% in 2017
   2. China's GDP growth would be 6.3% in 2015-16 and 6.0% in 2016-17
   3. India's GDP growth would be 7.3% in 2015-16 and 7.5% in 2016-17
   4. The pickup in global activity is projected to be more gradual in Developed countries.
       
2. The IMF specifically pointed out to the "Rebalancing of China's Economy" as one of the factors for slowing growth prospects in 2016-17. What does this rebalancing act of china signifies?
   1.  Moving away from consumption led economy
   2. Moving to a consumption-led economy
   3. Shifting from consumption-led economy to production-led economy
   4. None of these
       
3. Which of the following statistic (updated) is correct regarding China as per of China's National Bureau of Statistics (NBS)
   1. GDP of China : $ 10.3 trillion, Share of Service Sector : 50.5% of GDP
   2.  GDP of China : $ 10.3 trillion, Share of Service Sector : less than 50 % of GDP
   3. GDP of China : $ 15 trillion, Share of Service Sector : 50.5% of GDP
   4. GDP of China : $ 15 trillion, Share of Service Sector : less than 50 % of GDP

Answers:

1. d, Emerging economies
2. b
3. a