2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Moody’s Investors Service cuts India growth forecast for calendar year 2020 to how much percent from 2.5% projected in March?
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1.2%
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2.1%
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1.5%
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0.2%
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Explanation:
Detailed explanation-1: -Moody’s Cuts India’s 2022 GDP Growth Forecast to 7%, Sees 2023 Growth at 4.8%
Detailed explanation-2: -"For India, the 2022 real GDP growth projections have been lowered to 7 per cent from 7.7 per cent. The downward revision assumes higher inflation, high-interest rates and slowing global growth will dampen economic momentum by more than we had previously expected, ” the agency said in its Global Macro Outlook 2023-24.
Detailed explanation-3: -Moody’s cuts India’s GDP growth projection for 2022 from 7.7% to 7%
Detailed explanation-4: -“For India, the 2022 real GDP growth projections have been lowered to 7 per cent from 7.7 per cent.
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