India’s GDP To Contract At 8% in FY21—ADB

Current Context: The Asian Development Bank’s ‘Asian Development Outlook 2020 Supplement: Paths Diverge in Recovery from the Pandemic ‘ for Dec 2020 was published.

• As per the data from this supplement, ADB has revised India’s GDP contraction for the fiscal year 2021. 
• As per ADB, India’s GDP to contract by 8% in FY 2021.
• Earlier it has projected contraction at 9% for FY 2021.
• Static Part: 
• HQ of ADB: Mandaluyong, Metro Manila, Philippines
• President of ADB: Masatsugu Asakawa

Question: 

Q.1 As per ADB, India’s GDP to contract by ___% in FY 2021?
a. 8%
b. 9%
c. 11%
d. 10%