Question

Q19. Consider the following statements:

1. World Economic Situation and Prospects (WESP) has ranked India as the fastest growing economy.

2. The Report is published by the agencies of UN.

Which of the following statements are correct?

• A. a) 1 only
• B. b) 2 only
• C. c) Both 1 and 2
• D. d) None of the above

Answer 1

The correct option is C

c) Both 1 and 2

UN World Economic Situation and Prospects (WESP)

According to UN World Economic Situation and Prospects (WESP), India’s economy is projected to grow 7.6% in fiscal year 2018-19, making it fastest growing economy in the world.

The report is a joint product of UN Department of Economic and Social Affairs (UN/DESA), UN Conference on Trade and Development (UNCTAD) and five United Nations regional commissions