Current Affairs - Economy - Discussion

Discussion Forum : Economy - Latest Current Affairs (Q.No. 1179)

2019-03-23 Economy

1179.

Fitch Cuts India GDP Growth Forecast for FY20 is __________.

7.4%

6.8%

8.1%

4.8%

Answer: Option

Explanation:

Fitch Ratings cut India's economic growth forecast for the next financial year starting April 1, to 6.8% from its previous estimate of 7%, on weaker than expected momentum in the economy. The rating agency also cut growth forecasts for FY20 and FY21 to 7% from 7.3% and 7.1% from 7.3%, respectively.