Current Affairs - Economy - Discussion

Discussion :: Economy - Latest Current Affairs (Q.No.126)


India's GDP growth contract by what percent in April-June quarter?

[A]. 10.6
[B]. 23.9
[C]. 29.3
[D]. 35.6

Answer: Option B


In accordance with the official data released by the National Statistical Office (NSO), Union ministry of statistics and programme implementation (Mospi) on August 31, 2020, India's gross domestic product (GDP) contract by 23.9% (-23.9%) in April-June period quarter of 2020 due to downfall in businesses and livelihood amid COVID-19 pandemic induced nationwide lockdown restrictions.

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