Which one of the following best explains how India's growth resilience is achieved in a fragile global context in recent years ?

India's economic resilience in recent years, particularly post-pandemic, is largely attributed to strong domestic demand. According to the Economic Survey 2023-24 and RBI reports, while global growth remained sluggish due to geopolitical tensions and high interest rates, India maintained a high growth trajectory (exceeding 7%). This was driven by a simultaneous increase in private consumption and a significant investment push. The government significantly increased Capital Expenditure (Capex) to build infrastructure, which helped crowd-in private investment. Option B is incorrect as the RBI focuses on maintaining exchange rate stability rather than using depreciation as a primary growth tool. Option C is incorrect because India is on a path of fiscal consolidation, aiming to reduce the fiscal deficit. Option D is incorrect as public capital expenditure has been aggressively increased, not reduced, to stimulate the economy.