Current Affairs - Economy - Discussion

Discussion :: Economy - Latest Current Affairs (Q.No.78)


As per CRISIL, What is the Gross Domestic Product(GDP) growth of India for the FY20(Fiscal Year 2020)?

[A]. 6.7%
[B]. 6.5%
[C]. 6.4%
[D]. 6.3%

Answer: Option D


Indian credit rating agency CRISIL (formerly Credit Rating Information Services of India Limited) has reduced the India's GDP (Gross Domestic Product) growth to 6.3% for FY20 (Fiscal Year 2020) from its previous estimate of 6.9%. The lower GDP growth forecast states about the India's deep economic slowdown and is broad-based than suspected.

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