As per estimates by NSO, India's GDP is estimated to grow by ______ in FY21.
- A4.5%
- B2.5%
- C-7.7%
- D-5.5%
Solution & Step-by-step Explanation
According to the advanced estimates released by the National Statistical Office (NSO) in January 2021, India's gross domestic product (GDP) was estimated to contract by in the financial year 2020-21 due to the impact of COVID-19 related economic lockouts.