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Indian Economy to Contract by 7.7% in FY 2020-21--NSO

Published on January 08, 2021
Current Context: The National Statistical Office (NSO) has predicted that India’s GDP to contract by 7.7% for FY 2020-21.
Indian Economy to Contract by 7.7% in FY 2020-21--NSO
  • They have predicted this contraction on account of the impact of COVID-19 on the economy. 
  • NSO comes under the Ministry of Statistics and Programme Implementation (MOSPI).
  • Static Part: 
    • Union Minister of State (IC) for MOSI: Rao Inderjit Singh

Question: 

Q.1 As per National Statistical Office, India’s economy to contract by ___% in FY 2020-21?
a. 9.7%
b. 10.7%
c. 7.7%
d. 8.7%
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