What is the contraction of real GDP of India in the year 2020-21 estimated by NSO?
According to the First Advance Estimates released by the National Statistical Office (NSO) in January 2021 (and cited in the Economic Survey 2020–21), India's real GDP was…
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What is the contraction of real GDP of India in the year 2020-21 estimated by NSO?
Answer and explanation
Correct answer B
According to the First Advance Estimates released by the National Statistical Office (NSO) in January 2021 (and cited in the Economic Survey 2020–21), India's real GDP was estimated to contract by 7.7% in FY 2020–21.
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