In May 2020, Fitch Ratings has forecast the Indian economy to contract how much per cent in the current fiscal?

In May 2020, Fitch Ratings has forecast the Indian economy to contract how much per cent in the current fiscal? Correct Answer 5

  • Fitch Ratings has forecast the Indian economy to contract 5 per cent in the current fiscal.
  • Similar predictions were made about the Indian economy by CRISIL, Moody's and Goldman Sachs among others.
  • In its Global Economic Outlook (GEO) for May 2020, Fitch projected growth to rebound to 9.5 per cent in 2021-22 and an estimated 3.9 per cent growth in 2019-20.

Related Questions

The question below is followed by two statements I and II. You have to determine whether the data given is sufficient for answering the question. You should use the data and your knowledge of mathematics to choose the best possible answer.  Belly has some coins out of which some are of 25 Cent and Some are of 50 Cent. If he has a total of 250 coins, how many coins does he have of 25 Cent? I) Belly has three times as many as 50 Cent coins as 25 Cent coins. II) Belly has 20 more 25 cent coins than the 50 Cent coin.