30.Which institution released a report titled ‘Macroeconomics India: Economic shocks from 2nd COVID wave will not be as severe as last year’s’?

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Dileep Vishwakarma

2 years ago

Answer: [B] Moody’s Notes: Moody's Investors Service released a report titled 'Macroeconomics India: Economic shocks from 2nd COVID wave will not be as severe as last year's'. In the report, it slashed India's growth projection to 9.6 per cent for 2021 calendar year, from its earlier estimate of 13.9 per cent. It also observed that faster vaccination progress will be important in restricting economic losses to June quarter.

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