Current Context: National Statistical Office has released the data describing that economic growth for India has slowed to an 11 year low of 4.2% for FY 2019-2020.
- The GDP was 6.1% in 2018-2019, whereas for 2019-2020 it is marked to be 4.2% and has been marked as the slowest GDP in the 11 years
- The GDP for the fourth quarter is estimated to be 3.1%
- The reduction has also lead to per capita income which is unable to cross Rs 1 lakh mark
- The bank’s deposits has also reduced to minus 53%
Question:
Q: As per the National Statistical Office, India’s GDP to be ___% for FY 2019-20?
a. 4.5%
b. 4.3%
c. 4.4%
d. 4.2%
a. 4.5%
b. 4.3%
c. 4.4%
d. 4.2%
