Q. Which agency, in its Global Macro Outlook update, estimated that India’s GDP growth would be -3.1% this year?
Answer: Moody’s
Notes: Moody's Investor Service has released the June update of its flagship Global Macro Outlook report. It has estimated that India’s GDP growth would be -3.1% this year. It had earlier estimated the growth to be 0.2% in April. The report also projected that India’s GDP would grow at 6.9% in the fiscal year 2021-22, as compared to 6.2% estimated in the April update. It has lowered its estimates for all major economies.
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📌 Question Number: 427 in Current Affairs Quiz - June, 2020 in the above course in App.