Current Affairs - Economy - Discussion

Discussion Forum : Economy - Latest Current Affairs (Q.No. 1094)

2019-09-09 Economy

1094.

As per CRISIL, What is the Gross Domestic Product(GDP) growth of India for the FY20(Fiscal Year 2020)?

6.7%

6.5%

6.4%

6.3%

Answer: Option

Explanation:

Indian credit rating agency CRISIL (formerly Credit Rating Information Services of India Limited) has reduced the India's GDP (Gross Domestic Product) growth to 6.3% for FY20 (Fiscal Year 2020) from its previous estimate of 6.9%. The lower GDP growth forecast states about the India's deep economic slowdown and is broad-based than suspected.