SSC CGL 2020 PYQ — Question 37

SSC CGL - 4th March 2020 Shift 1 • General Awareness • Q37

According to the United Nations' World Economic Situation and Prospects Report, 2019, the Indian economy is expected to expand by _____ in 2020.

Show answer & explanation

Correct answer: C

Explanation

The correct answer is Option 3 i.e 7.1%

According to the United Nations' World Economic Situation and Prospects Report, 2019, the Indian economy was expected to expand by 7.1% in fiscal year 2020. This projection was based on strong domestic consumption and investment.

Other Options:

  • 7.8%: This was a higher estimate by other agencies like the IMF but not the UN's forecast.

  • 7.2%: Close to later revised estimates due to global slowdown and pandemic impacts.