What is the GDP growth of India for the financial year 2020 as per Federation of Indian Chambers of Commerce and Industry(FICCI)?

  • 17.1%
  • 27.2%
  • 37.3%
  • 47.4%
Answer:- 1
Explanation:-

FICCI's (Federation of Indian Chambers of Commerce and Industry) economic outlook survey has projected India's median GDP (Gross Domestic Product) 7.1% for FY20 and 7.2% for FY21. The survey was conducted among economiMinimum and maximum growth estimate stood at 6.8 percent and 7.3 percent.Wholesale Price Index (WPI) based inflation rate is projected at 3.1% in 2019-20 with a minimum and maximum range of 2.1 percent and 4 percent, respectively.Consumer Price Index (CPI) based inflation forecasted at 4% for 2019-20 with a minimum and maximum range of 3.5 percent and 4.1 percent, respectively.sts belonging to the industry, banking, and financial services sectors.

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