As per the report of DBS, India's Gross domestic Product(GDP) will contract by how much in FY21?

1. 

As per the report of DBS, India's Gross domestic Product(GDP) will contract by how much in FY21?
[A]. 3%
[B]. 8%
[C]. 5%
[D]. 6%

Answer: Option D

Explanation:

As per the report of DBS (Formerly, Development Bank of Singapore), Singaporean brokerage, India's Gross domestic Product(GDP) will contract by 6% (-6%) in FY21 as the economy is yet to stabilise the COVID -19 infection curve and the due to the caseload in the economically key states.

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