Current Affairs - Economy - Discussion

Discussion Forum : Economy - Latest Current Affairs (Q.No. 1025)

2020-09-03 Economy

1025.

India's GDP growth contract by what percent in April-June quarter?

10.6

23.9

29.3

35.6

Answer: Option

Explanation:

In accordance with the official data released by the National Statistical Office (NSO), Union ministry of statistics and programme implementation (Mospi) on August 31, 2020, India's gross domestic product (GDP) contract by 23.9% (-23.9%) in April-June period quarter of 2020 due to downfall in businesses and livelihood amid COVID-19 pandemic induced nationwide lockdown restrictions.