Current Affairs - Economy - Discussion

Discussion :: Economy - Latest Current Affairs (Q.No.9)


The gross domestic product of India has contracted to what percent in the April-June period?

[A]. 22%
[B]. 23.9%
[C]. 48%
[D]. 16%

Answer: Option B


Finance Minister Nirmala Sitharaman is addressing the media on the economic issues facing the country. Her press conference comes at a time when the country's GDP or gross domestic product contracted a record 23.9 per cent in the April-June period as the quarter fully captured the damage caused by the coronavirus pandemic-related restrictions, and is expected to shrink an overall 9.5 per cent in the current financial year by the Reserve Bank of India.

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