World Economic Situation and Prospects 2016 Report was recently released. Which of the following statement is incorrect?
A
India will be the fastest growing big economy in the world in 2016.
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B
The highest growth rate in India has been attributed to improvement in the macroeconomic environment with the help of sharp decline in the prices of oil, food and metals.
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C
The report was released by World Economic Forum.
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D
In 2016 and 2017, South Asia region is expected to be the world’s fastest-growing region despite challenging global conditions.
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