Which International organization has predicted reduced growth forecast of 5.8 percent for India in 2020?
A. World Bank
B. IMF
C. ADB
D. UNDP
Answer:B
Which International organization has predicted reduced growth forecast of 5.8 percent for India in 2020?
A. World Bank B. IMF C. ADB D. UNDP
Explanation: The International Monetary Fund (IMF), in its January World Economic Outlook, has announced reduced growth forecasts for India to just 4.8 percent in 2019 and 5.8 percent in 2020. The report also predicted downgrade in the global growth forecast for the next two years and largely credited the slowdown to India’s slow economic growth.