India’s GDP contracts 7.5% in September quarter

Published on November 29, 2020
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.
India’s GDP contracts 7.5% in September quarter
  • 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%

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