- This projection by OECD is released in its Global Economic Forecast for 2020.
- As per OECD, the global economy will shrink at 4.5% for the current fiscal year.
- And the growth projection is projected to 5% by OECD.
- OECD in its June forecast has projected India’s GDP to contract by 16.7% for FY 2020-21.
- OECD has projected India’s GDP to grow 10.7% for FY 2021-2022.
- Static Part:
- HQ of OECD: Paris, France
- Secretary-General of OECD: Jose Angel Gurria
Question:
Q.1 The Organisation for Economic Cooperation and Development (OECD) has forecasted that India’s GDP to contract ___% for the financial year 2020-2021?
a. 8.5%
b. 9.6%
c. 10.2%
d. 7.5%
b. 9.6%
c. 10.2%
d. 7.5%
