Current Affairs - Economy - Discussion

Discussion Forum : Economy - Latest Current Affairs (Q.No. 1022)

2020-09-10 Economy

1022.

Fitch projected Indian economy to contract by what percent in the FY21?

7.5%

10.5%

15%

Answer: Option

Explanation:

Fitch Ratings on Tuesday slashed India's FY21 growth projection to (-) 10.5 per cent, from (-) 5 per cent estimated earlier, saying the continued spread of the virus and imposition of sporadic shutdowns across the country has disrupted economic activity.