Fitch Cuts India GDP Growth Forecast for FY20 is __________.
Options
A. 7.4%
B. 6.8%
C. 8.1%
D. 4.8%
Correct Answer
6.8%
Explanation
Fitch Ratings cut India's economic growth forecast for the next financial year starting April 1, to 6.8% from its previous estimate of 7%, on weaker than expected momentum in the economy. The rating agency also cut growth forecasts for FY20 and FY21 to 7% from 7.3% and 7.1% from 7.3%, respectively.
More questions
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