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Question

The Asian Development Bank (ADB) has lowered India’s GDP forecast for the current fiscal by 0.3% to


A
6.9%
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B
6.1%
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C
6.3%
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D

6.7%

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E
6.5%
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Solution

The correct option is D

6.7%


The Asian Development Bank (ADB) has lowered India’s GDP forecast for the current fiscal by 0.3% to 6.7 %. It has also revised downward the gross domestic product (GDP) outlook for next fiscal beginning from March 2018 to 7.3% from 7.4% mainly due to rising global crude oil prices and soft growth in private sector investment.


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