India’s GDP contracts 7.5% in September quarter

Current Context: The National Statistical Office (NSO) has released the data describing that India’s GDP for July-September period, which is for the second quarter contracted at 7.5%, in comparison to the same period last year.

• Due to coronavirus, there was a contraction of 23.9% in the GDP for the April-June quarter as compared to the same period a year ago.
• With this estimation, NSO confirmed that India’s economy has entered into recession due to two successive quarters of contraction. 
• Static Part: 
• HQ of NSO: New Delhi
• Chairman of NSO: Prof. Bimal K. Roy

Question: 

Q.1 As per National Statistical Office, India’s GDP contracted ___% July-September (Q2) period of 2020-21?
a. 8.5%
b. 6.5%
c. 7.5%
d. 9.5%