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.
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Feb 20, 2025