The International Monetary Fund (IMF) has pegged the Indian economy to contract by 8 per cent in the current financial year 2020-21, in its latest World Economic Outlook, released on 26 January 2021. The IMF expects GDP of India to rise to 11.5 per cent in the next financial year i.e. 2021-22.
WARRIOR 4.0 | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams | Bilingual | Live Class
Apart from this, the IMF projected the global growth to contract at 3.5 per cent in 2020. The global economy is projected to grow by 5.5 per cent in 2021 and 4.2 per cent in 2022 as per the IMF.
Important takeaways for all competitive exams:
LPG, an important fuel, is in new these days. It is used everywhere from homes…
In the year 2025 India has been emerged as the third-largest renewable energy market in…
For the FY-26 Insurance Regulatory and Development Authority of India (IRDAI) has retained three major…
At Vigyan Bhawan, New Delhi on the 2nd of April, 2026 Honorable Union Minister for…
Good Friday 2026, observed on April 3, is one of the important day of the…
Chief Minister of Bihar Nitish Kumar is set to take oath as a Rajya Sabha…