Current Affairs - Economy - Discussion

Discussion Forum : Economy - Latest Current Affairs (Q.No. 1259)

2017-09-18 Economy

1259.

According to DBS India's GDP growth likely to slip below how much % this financial year?

7.8%

7.2%

7.5%

Answer: Option

Explanation:

India's GDP growth is likely to reduce below 7 % this financial year. According to DBS, two main reasons for the downfall are demonetisation in November 2016 and GST implementation in July 2017. These added to the already slow growth in manufacturing and investment sectors.