India’s GDP Growth Forecast 2019-20 and 2020-21 by various Financial Organizations

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General Awareness section plays a vital role in boosting the score in any competitive examination. General Awareness section generally consists of three sections i.e. Static G.K, Current Affairs, and Banking Awareness out of which the majority of marks holds by the Current Affairs section followed by Static G.K and Banking Awareness. In today’s blog post we are providing a list of India’s GDP Growth Forecast 2019-20 and 2020-21 forecasted by various Financial Organizations which is one of the frequently asked topics in the Banking Awareness section.

India’s GDP is forecasted by various financial organizations every year to give transparency to Indian Economy growth. This is one topic that is mostly asked in the competitive examinations in Banking/Economy/Financial Awareness sections. We can expect one question from this topic in all competitive examinations and is likely to be asked in the upcoming examinations like NABARD Grade A, SBI Clerk, and RBI Assistant.

GDP Forecast 2019 and 2020 by Various Organizations:

Organizations 2019-20 2020-21
Fitch 4.6%  5.6%%
UNCTAD report 6%
RBI forecasted 5% 6%
Moody 4.9% 6.6%
ADB 5.1% 7.2%
FICCI 5% 5.5%
DBS Bank   6.2%
Central Statistics Office (CSO) 7.1% 7.2%  
CRISIL 5.1%
UN (United Nation) 5.7%
Australia and New Zealand Banking Group (ANZ) 6.2%  6.5%
India Ratings & Research 5% 5.5%
World Economic Outlook released by International Monetary Fund (IMF)  4.8% 6.5%
Organisation for Economic Co-operation and Development (OECD) 5.9% 6.3%
Goldman Sachs   7.2%
World Bank 5% 6.9%
Economy Survey 7%  
National Council of Applied Economic Research (NCAER) 4.9%
S & P  6.3% 7%
State Bank of India (SBI) 4.6%

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Senior Executive- content development@ ixamBee, Neha has cleared IBPS PO and few other banking exams and is a contributor of high-quality content for all the blogs related to strategy, preparation tips, motivation and other topics related to banking exams. She is an efficient writer and having been there, she has the required knowledge and believes in guiding her readers with the best of her learning experiences, backed by her research and analysis, to the path of success.

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