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As per ADB's Asian Development Outlook report, India is the fastest growing economy in Asia with the GDP of __________.
  • a)
    7.5
  • b)
    7.3
  • c)
    7.4
  • d)
    7.6
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
As per ADB's Asian Development Outlook report, India is the fastes...
As per Asian Development Bank (ADB)'s Asian Development Outlook report India continues to be the fastest growing economy in Asia with projected GDP growth of 7.3 per cent. Growth would accelerate to 7.6 percent in 2019. Growth would be driven by increased public spending, higher capacity utilisation rate and uptick in private investment, reform in the banking sector and tax. China will decelerate to 6.6 per cent in 2018 and further to 6.4 per cent in 2019. Globally, South Asia would be the fastest growing sub-region despite trade tensions with US.
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As per ADB's Asian Development Outlook report, India is the fastest growing economy in Asia with the GDP of __________.a)7.5b)7.3c)7.4d)7.6Correct answer is option 'B'. Can you explain this answer?
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