UN WESP : India to remain fastest growing economy at 7.3% in 2016
Q. India has been projected as the fastest growing economy with growth at the rate of ___ percent by 2016. according to the UN WESP report.- Published on 11 Dec 15a. 7.3
b. 8.3
c. 7.8
d. 8.8
ANSWER: 7.3
At 7.3% in 2016, India will remain the fastest growing economy in the times to come according to the United National World Economic Situations and Prospects/WESP report 2016. India is projected to record 7.3% economic growth in 2016 and 7.5% in 2017. India’s rival in South Asia is China which will see the slowdown in growth from 6.8 in 2015 to 6.4 percent in 2016. Report also indicated world economy will only see modest improvements in 2016-2017 as cyclical and structural headwinds persist.