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  • Question
  • Global research agency Fitch has raised India's growth forecast from 7.4 per cent to __________.


  • Options
  • A. 7.6%
  • B. 7.7%
  • C. 7.8%
  • D. 7.9%

  • Correct Answer
  • 7.8% 

    Explanation
    Global research agency Fitch has raised India's growth forecast for the current fiscal to 7.8 per cent from the earlier 7.4 per cent. However, forecast for the next two fiscal, 2019-20 and 2020-21, have been shaved by 20 basis points (100 basis points means 1 per cent) to 7.3 per cent. Fitch's latest projection for the current fiscal is higher than what is estimated by the Reserve Bank of India and even the Government. While the RBI's estimate is 7.4 per cent, the Government feels that it could be 7.5 per cent. However, the International Monetary Fund (IMF) cut its projection to 7.3 per cent from 7.4 per cent. India Ratings too lowered its growth projection by 20 bps to 7.2 per cent.

  • More questions

    • 1. Under which provision did the U.S. revoke the duty free imports on 50 Indian products?

    • Options
    • A. Generalised Goods and Products System (GPS)
    • B. Goods and Services Tax (GST)
    • C. Generalised System of Preferences (GSP)
    • D. Goods and Preferred Supplies (GPS)
    • Discuss
    • 2. Who announces cash awards for triumphant Team India members?

    • Options
    • A. DDCA
    • B. ICC
    • C. BCCI
    • D. NDTV
    • Discuss
    • 3. FDA approved first Dengue vaccine for the prevention of dengue disease. It's named as;

    • Options
    • A. TetraVax-DV
    • B. DENVax
    • C. CYD-TDV
    • D. Dengvaxia
    • Discuss
    • 4. Phayeng Village of which state has been tagged as India's first carbon-positive settlement?

    • Options
    • A. Manipur
    • B. Haryana
    • C. Odisha
    • D. Uttarkhand
    • Discuss
    • 5. Which country became the second nation in the world to declare a climate emergency?

    • Options
    • A. Ireland
    • B. Scotland
    • C. Norway
    • D. Germany
    • Discuss
    • 6. Which of the following is the host country of annual G20 leaders' summit 2020?

    • Options
    • A. Canada
    • B. Brazil
    • C. Saudi Arabia
    • D. France
    • Discuss
    • 7. Who won a Maiden Stuttgart Porsche Grand Prix 2019 title?

    • Options
    • A. Anna-Lena Friedsam
    • B. Kiki Bertens
    • C. Anett Kontaveit
    • D. Petra Kvitova
    • Discuss
    • 8. Which among the following is the host country of 2nd Belt and Road Forum?

    • Options
    • A. Nepal
    • B. India
    • C. Russia
    • D. China
    • Discuss
    • 9. Which country won the U-15 SAFF Football Championship?

    • Options
    • A. Nepal
    • B. China
    • C. India
    • D. Pakistan
    • Discuss
    • 10. World's largest airplane weighing 2,26,800 kg took its first ever flight in Mojave, California. It's named as;

    • Options
    • A. Kit
    • B. Fod
    • C. Roc
    • D. Soh
    • Discuss


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