Current Affairs - Economy - Discussion

Discussion Forum : Economy - Latest Current Affairs (Q.No. 1137)

2019-06-19 Economy

1137.

As per Global Economic Outlook, India's growth forecast from 6.8% to __________ for 2019-20 fiscal.

6.5%

6.4%

6.6%

6.7%

Answer: Option

Explanation:

In its latest Global Economic Outlook, the global rating agency Fitch lowers India's growth forecast from 6.8% to 6.6% for the current fiscal, as manufacturing and agriculture sectors showed signs of slowing down over the past year. Fitch also retained its GDP growth forecast for the next fiscal (2020-21) at 7.1% and 7.0% for 2021-22.