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Which global rating agency releases report titled ‘Global Economic Outlook’ GEO?
A)
CRISIL
B)
Ind-RA
C)
Fitch Ratings
D)
Standard & Poor

Correct Answer :   Fitch Ratings


American credit rating agency Fitch releases the report titled ‘Global Economic Outlook GEO’. In its recent edition, it has revised India’s GDP growth estimate to 12.8% for next fiscal.
Earlier, the ratings agency had estimated a growth rate of 11%. The reasons stated are a stronger carryover effect, a looser fiscal stance, and better virus containment. Fitch also expects GDP growth to ease to 5.8% in Fiscal Year 2023.

Published On : March 28, 2021
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