2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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-6.3%
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-7.3%
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-5.3%
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-8.3%
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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. India gdp growth rate for 2018 was 6.45%, a 0.34% decline from 2017.
Detailed explanation-2: -World Economic Outlook Update, June 2020: A Crisis Like No Other, An Uncertain Recovery. Description: Global growth is projected at –4.9 percent in 2020, 1.9 percentage points below the April 2020 World Economic Outlook (WEO) forecast.
Detailed explanation-3: -The world’s 10 largest economies in 2020 as measured in US dollars using current exchange rates are the United States, China, Japan, Germany, United Kingdom, India, France, Italy, Canada, and Korea.
Detailed explanation-4: -India’s Economic Performance in 2020-21 India’s real GDP to record a 11.0% growth in FY2021-22 and nominal GDP to grow by 15.4%. India expected to have a Current Account Surplus of 2% of GDP in FY21, a historic high after 17 years.