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What is the Gross Domestic Product(GDP) growth of India for the year 2019 as per the Asian Development Bank’s (ADB) report titled ‘Asian Development Outlook 2019?
  • a)
    7.1%
  • b)
    7.2%
  • c)
    7%
  • d)
    7.3%
  • e)
    None of these
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
What is the Gross Domestic Product(GDP) growth of India for the year 2...
On July 18, 2019, According to a recent Asian Development Bank’s (ADB) report titled ‘Asian Development Outlook 2019, India’s GDP(gross domestic product) growth expected to grow by 7% in 2019 (FY-Fiscal Year 2020) and 7.2% in 2020 (FY21). It revised downwards its outlook for FY20 due to unexpected weak FY2018 outturn.
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