Current Affairs - National - Discussion

Discussion Forum : National - Latest Current Affairs (Q.No. 5953)

2020-01-09 National

5953.

According to NSO, what is India's estimated GDP growth rate for 2019-20?

4.5%

5.5%

Answer: Option

Explanation:

National Statistical Office (NSO) has estimated India's GDP growth rate for 2019-20 estimated at 5% on 7 January 2020. It has seen dipping to an 11-year low of 5% in the current fiscal. This is mainly due to poor showing by the manufacturing and construction sectors. The previous low economic growth was recorded at 3.1% in 2008-09.