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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. India's 1st Manned Mission Gaganyaan will be launched by __________.

    • Options
    • A. March 2020
    • B. December 2021
    • C. May 2022
    • D. August 2024
    • Discuss
    • 2. Which rocket launched the Cygnus Cargo Ship to International Space Station from NASA's Wallops Flight Facility in Virginia?

    • Options
    • A. Thor-Delta
    • B. Rehbar-I
    • C. Antares Rocket
    • D. Scout
    • Discuss
    • 3. Which country signed Protocol with India for Export of Indian Chilli Meal?

    • Options
    • A. Pakistan
    • B. China
    • C. Saudi Arabia
    • D. Indonesia
    • Discuss
    • 4. India agreed to strengthen Indo-Pacific Cooperation with which of the following country?

    • Options
    • A. UK
    • B. Russia
    • C. Germany
    • D. Japan
    • Discuss
    • 5. The Air force of this country will observe its retaliatory action against India as Operation Swift Retort.

    • Options
    • A. France
    • B. Germany
    • C. Pakistan
    • D. Russia
    • Discuss
    • 6. The Election Commission has appointed ex-Bihar chief electoral officer Ajay V Nayak as Special Observer for which state?

    • Options
    • A. West Bengal
    • B. Uttar Pradesh
    • C. Tamil Nadu
    • D. Madhya Pradesh
    • Discuss
    • 7. NABARD has announced Rs __________ crore capital fund for rural agricultural start-ups.

    • Options
    • A. 800
    • B. 500
    • C. 630
    • D. 700
    • Discuss
    • 8. ISRO and __________ signed an agreement to set up a joint maritime surveillance system.

    • Options
    • A. JAXA
    • B. CNES
    • C. NASA
    • D. SpaceX
    • Discuss
    • 9. Who among the following was awarded with the highest US civilian honour?

    • Options
    • A. Tiger Woods
    • B. Serena Williams
    • C. Michael Jordan
    • D. Dwayne Johnson
    • Discuss
    • 10. Scientists have developed a device named WAND that works like a Pacemaker for which this part of the body?

    • Options
    • A. Brain
    • B. Heart
    • C. Lungs
    • D. Liver
    • Discuss


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