Current Context: United Nations has released ‘World Economic Situation and Prospects’ Report and has projected that world economy to shrink by 3.2%in 2020 because of COVID-19 pandemic situation.
- The growth rate for India has been projected to 1.2% for FY 2020 and has reported that the growth rate to increase at 5.5% in 2021.
- GDP growth in developed countries will plunge to –5.0 % in 2020, while the output of developing countries will shrink by 0.7 %.
Question:
Q.1 The growth rate for India has been projected to ___% for the FY 2020, by World Economic Situation and Prospects report of UN?
a. 1.5%
b. 1.3%
c. 1.2%
d. 1.6%
a. 1.5%
b. 1.3%
c. 1.2%
d. 1.6%
