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:
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7.8%: This was a higher estimate by other agencies like the IMF but not the UN's forecast.
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7.2%: Close to later revised estimates due to global slowdown and pandemic impacts.