Question: What is the relative percent increase in business sentiment of India in Q2 by Q1, 2019 as per D&B Composite Business Optimism report published recently?
(a) 6.3%
(b) 6.9%
(c) 7.3%
(d) 7.85
Answer: (a)
Related facts:
(a) 6.3%
(b) 6.9%
(c) 7.3%
(d) 7.85
Answer: (a)
Related facts:
- Business sentiments continue to decline for the country’s financial and macro-economic conditions in the second quarter of the year compared to the same period a year before, as per a latest report in April 2019.
- Dun & Bradstreet Composite Business Optimism Index stands at 78.4 during Q2 2019 as against 85.0 during Q2 2018 marking a 7.7 percent decline as per the report.
- However, as per report the sentiments were marginally up by 6.3% compared to the first quarter.
- The earlier decline in the business sentiments were down due to the banking fraud and its impact continue to unfold, and the tightening actions on LoUs (letter of undertaking) and LoCs (Letter of Credit) have led to reduced liquidity. Also, there is an apprehension of tighter regulatory and lending norms.
- The jump in the sentiments the second quarter compared to the first quarter this year however was mainly due easing of liquidity and foreign investors warming up to India.
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