Current Affairs - Economy - Discussion

Discussion :: Economy - Latest Current Affairs (Q.No.18)

18. 

India's real GDP likely to contract by what percent in FY21?

[A]. 10.9
[B]. 15.9
[C]. 23.9
[D]. 29.63

Answer: Option A

Explanation:

The State Bank of India's (SBI) Ecowrap report estimated that the real Gross domestic Product(GDP) for FY21 is expected to shrink by around 10.9%(-10.9%), a decline of full year growth, against its earlier estimate of 6.8%.

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