Current Affairs - National - Discussion

Discussion :: National - Latest Current Affairs (Q.No.913)


FICCI Economic Outlook Survey, what is India's estimated GDP growth in 2019-2020?

[A]. 4.5%
[B]. 5%
[C]. 5.5%
[D]. 6%

Answer: Option B


The latest round of FICCI's Economic Outlook Survey puts forth the annual median GDP growth forecast for 2019-20 at 5.0%. While the median growth forecast for agriculture and allied activities has been put at 2.6% for 2019-20; the industry and services sector are expected to grow by 3.5% and 7.2% respectively during the current year. Growth is likely to improve to 5.5% in 2020-21 as per the projections.

Bindu said: (Feb 3, 2020)  
What is meant by GDP? Anyone please tell me.

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