India's GDP to Contract by 8.6% for FY 2020-21—By UBS Securities

Published on September 18, 2020

Current Context: The UBS Securities has forecasted that India's GDP to contract 8.6% for the financial year 2020-2021.

 
India's GDP to Contract by 8.6% for FY 2020-21—By UBS Securities

  • Earlier it has projected GDP contraction to 5.8%.
  • As per UBS Securities, India's potential rate of growth has reduced to 5.75- 6.25% as per the estimation against 7.1%. 
  • It has also projected that India's GDP will show the growth by 10% for the financial year 2021-2022. 
  • Static Part: 
    • HQ of UBS Securities: Beijing, China 

Question: 

Q.1 The UBS Securities has forecasted that India's GDP to contract ___% for the financial year 2020-2021?
a. 8.6%
b. 9.6%
c. 10.2%
d. 7.5%

Can I help you?

ramandeep singh

Hey I am Ramandeep Singh. I am determined to help students prepaing for RBI, SEBI, NABARD and IBPS exams. Do you want me to help you ?

Join my class here
    Follow me:
Close Menu
Close Menu