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India’s GDP at -8.9% for FY 2020—By Moody’s Rating Agency

Published on November 13, 2020
Current Context: The Moody’s Rating Agency has projected that GDP of India at -8.9% for FY 2020.
India’s GDP at -8.9% for FY 2020—By Moody’s Rating Agency
  • Earlier the rating agency projected GDP for India at -9.6%.
  • Also, Moody’s rating agency has redefined India’s GDP growth for FY 2021 at 8.6%, which initially was 8.1%.
  • Static Part: 
    • HQ of Moody’s: New York
    • President and CEO of Moody’s: Raymond W. Mc Daniel Jr.

Question: 

Q.1 The Moody’s Rating Agency has projected that GDP of India at -____% for FY 2020?
a. 7.5%
b. 8.9%
c. 9.6%
d. 10.5%
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