Indian Economy to Contract at 3.7% for FY 21 -- By OECD

Published on June 12, 2020
Current Context: Organisation of Economic Co-operation and Development has projected that Indian Economy to contract at 3.7% for FY 2020-2021.
Indian Economy to Contract at 3.7% for FY 21 -- By OECD
  • This prediction by OECD is released in its economic Outlook.
  • Also it has stated that the country’s growth will drop further to -7.3% if there is a second outbreak phase of COVID-19.
  • Static Part: 
    • HQ of OECD: Paris, France

Question: 

Q.1 As per OECD, Indian Economy to contract at ___% for FY 21?
a. 2.8%
b. 3.7%
c. 4.5%
d. 1.5%

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