CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the India’s GDP growth forecast for FY20, according to the Asian Development Outlook 2019?
A
7.1 %
B
7.3 %
C
7.2 %
D
7.4 %
Explanation: 

Detailed explanation-1: -India gdp growth rate for 2020 was -6.60%, a 10.33% decline from 2019. India gdp growth rate for 2019 was 3.74%, a 2.72% decline from 2018.

Detailed explanation-2: -The growth in real GDP during 2019-20 is estimated at 5.0 per cent as compared to the growth rate of 6.8 per cent in 2018-19. 4.

Detailed explanation-3: -Real GDP decreased 3.5 percent in 2020 (from the 2019 annual level to the 2020 annual level), compared with an increase of 2.2 percent in 2019 (table 1).

Detailed explanation-4: -Challenges to Asia’s growth [click to expand] Gross domestic product (GDP) in developing Asia is protected at 5.4% in 2019 as a whole and at 6.0% excluding the high-income newly industrialized economies. Regional growth remains robust but is expected to moderate.

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