IMF Economic Recovery Projection for India 2020-21
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Questions and Answers

When was the Association of Southeast Asian Nations (ASEAN) established?

  • 28 July 1995
  • 8 August 1967 (correct)
  • 7 January 1984
  • 30 April 1999
  • Which country is NOT a current member of ASEAN?

  • Cambodia
  • China (correct)
  • Vietnam
  • Brunei
  • What did the IMF report suggest about the projected growth pickup in 2020?

  • It is insignificant
  • It is guaranteed
  • It is stable
  • It is precarious (correct)
  • Which country joined ASEAN on 30 April 1999?

    <p>Cambodia</p> Signup and view all the answers

    What are the aims and purposes of ASEAN as per the ASEAN Declaration?

    <p>To accelerate economic growth, social progress, and cultural development</p> Signup and view all the answers

    What is the projected growth rate for India in 2020-21 according to the International Monetary Fund (IMF)?

    <p>5.8%</p> Signup and view all the answers

    According to the IMF, what are some of the 'potential triggers' for the world economy to turn negative quickly in 2020?

    <p>No-deal Brexit</p> Signup and view all the answers

    What is cited as the primary source of the expected economic recovery for India in 2020-21, as per the IMF's Chief Economist Gita Gopinath?

    <p>Monetary stimulus</p> Signup and view all the answers

    What does the International Monetary Fund (IMF) warn against in terms of countries' economic policies in response to global trade tensions?

    <p>Relying on tariffs instead of negotiations</p> Signup and view all the answers

    What action did the International Monetary Fund (IMF) take in its quarterly update of the World Economic Outlook in terms of the global growth forecast?

    <p>Decreased it by 0.1%</p> Signup and view all the answers

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