Question
Which of the following statements is/are correct with
respect to the projections made by the Fitch Ratings- I.The Indian economy has the potential to attain 6.2 per cent annual average growth rate in the medium term during the 2019-27 period. II. The credit rating agency has also provided a downward revision of the medium-term growth potential for 10 emerging economies to 3.1 per cent from 4.3 per cent estimated earlier. III. The 10 emerging economies include Brazil, China, India, Indonesia, Korea, Mexico, Poland, Russia, South Africa, and Turkey.Solution
According to the Global Economic Outlook report released by the Fitch Ratings, the Indian economy has the potential to attain 6.2 per cent annual average growth rate in the medium term during the 2019-27 period. The agency raised the projection by 0.7 percentage points from 5.7 per cent estimated for 2013-2022, primarily due to improved employment rate and better working-age population forecast. The credit rating agency has also provided a downward revision of the medium-term growth potential for 10 emerging economies to 4 per cent from 4.3 per cent estimated earlier. The 10 emerging economies include Brazil, China, India, Indonesia, Korea, Mexico, Poland, Russia, South Africa, and Turkey.
Which country became the first in Latin America to exit China’s Belt and Road Initiative (BRI)?
Which of the following is NOT true about India’s economic growth projections?
- Which government department published the 20th edition of the 'Secretariat Reforms' report?
Which of the following mountain ranges is the oldest in India?
Who succeeded Samudragupta as the next ruler of the Gupta dynasty?
Which law states that "energy can neither be created nor destroyed"?
- Which ruler of the Delhi Sultanate is historically noted for transferring the capital from Delhi to Daulatabad?
ATL Sarthi mission is launched by which of the following institutions?
Who became the youngest female to conquer the highest peaks on all seven continents?
- "Jujurana" (King of Birds) is recognized as the state bird of which Indian state?