Multiple Choice Questions on The Credit Rating Agency S amp P Global Ratings has Reduced India rsquo s GDP growth for FY21 t........... for General Knowledge ( All Exams) Preparation

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Multiple Choice Questions

The Credit Rating Agency S amp P Global Ratings has Reduced India rsquo s GDP growth for FY21 t...........

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    The Credit Rating Agency S&P Global Ratings has Reduced India’s GDP growth for FY21 to _______ .

    1.5 %

    Incorrect Answer

    1.8 %

    Correct Answer

    2.1 %

    Incorrect Answer

    3.5 %

    Incorrect Answer
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    Explanation:
    • S&P Global Ratings has slashed India growth forecast for the fiscal 2020-21 from 3.5 percent to 1.8 percent, due to the lockdown to contain Covid-19 pandemic.
    • The S&P  expects growth to significantly recover to 7.5 percent in 2021-22 fiscal.
    • S&P Global Ratings was founded in 1860.
    • Headquarter - New York

    By: Rohit Middha
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