India’s GDP at -11.5% for FY 2021—By Moody’s Rating Agency

Published on September 14, 2020
Current Context: The Moody’s rating agency has forecasted that India’s GDP to contract 11.5% for financial year 2020-21.
India’s GDP at -11.5% for FY 2021—By Moody’s Rating Agency

  • It has also projected that the Indian economy will grow at 10.6% for FY 2021-22. 
  • Static Part: 
    • HQ of Moody: New York, United States
    • President and CEO of Moody: Raymond W. McDaniel Jr.

Question: 

Q.1 Moody’s rating agency has forecasted that India’s GDP to contract ___% for the financial year 2020-21? 
a. 12.5%
b. 11.5%
c. 10.5%
d. 9.5%

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