In August 2024, the International Monetary Fund (IMF) released its updated World Economic Outlook. Consider the following statements:
- The global economy is projected to grow by 3.2% in 2024.
- India's GDP growth forecast was revised upwards to 7% for 2024.
- The report cited inflation control as a key challenge for emerging markets.
Which of the above statements are true?
1
Only 1 and 2
2
Only 2 and 3
3
Only 1 and 3
4
All of the above
5
None of the above