Which of the following statements about India's economic performance as of July 2024 is not true?
1
India's GDP is projected to grow at 6.5-7% in FY25.
2
The RBI predicted India's GDP growth at 7.2% for FY25.
3
India's services exports increased by 8.9% in the first quarter of 2024-25.
4
The Economic Survey mentions that normal rainfall and a good monsoon are likely to improve agriculture sector performance.
5
India's total merchandise and services exports decreased in the first quarter of 2024-25.