Current Affairs - Economy - Discussion

Discussion :: Economy - Latest Current Affairs (Q.No.16)


Fitch projected Indian economy to contract by what percent in the FY21?

[A]. 5%
[B]. 7.5%
[C]. 10.5%
[D]. 15%

Answer: Option C


Fitch Ratings on Tuesday slashed India's FY21 growth projection to (-) 10.5 per cent, from (-) 5 per cent estimated earlier, saying the continued spread of the virus and imposition of sporadic shutdowns across the country has disrupted economic activity.

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