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Fitch Solutions has cut India's economic growth forecast for the financial year 2020-21 to how much per cent?

Fitch Solutions has cut India's economic growth forecast for the financial year 2020-21 to how much per cent? Correct Answer 1.8

  • Fitch Solutions has cut India's economic growth forecast for the financial year 2020-21 to 1.8 per cent.
  • For China, it revised downwards its 2020 real GDP forecast to 1.1 per cent from 2.6 per cent previously.
  • Fitch Solutions also anticipated a deeper contraction in fixed investments as businesses choose to cut back on capital expenditure.

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