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Category: Economics

Current Affairs Economic News

Share of central banks surplus transfers

June 29, 2021June 29, 2021 Shashank Raj Gupta

Question : RBI recently released(June 2021) ‘State of the Economy’ report in which India ranked second in terms of central banks surplus transfers. Which country is ahead of India ?a. Malaysiab. Swedenc. Kenyad. TurkeyAns. d.Related […]

EconomicsEconomics

Global Economic Prospects, 2021

June 26, 2021June 26, 2021 Shashank Raj Gupta
Global Economic Prospects, 2021

Question: With reference to the “Global Economic Prospect Report 2021” released by the World Bank Group in June 2021, consider the following statements–(i) According to the report, the global economy is projected to grow by […]

EconomicsEconomics

S&P revises India’s Growth Forecast

June 26, 2021June 26, 2021 Shashank Raj Gupta
S&P revises India’s Growth Forecast

Question: What is the GDP growth rate estimated by S&P Global Ratings for India for the financial year 2021-22?(a) 9.5 per cent(b) 10.5 per cent(c) 10.2 per cent(d) 11.5 per centAnswer: (a)Related facts: S&P Global […]

EconomicsEconomics

Moody’s Investors Service revises India’s Growth

June 26, 2021June 26, 2021 Shashank Raj Gupta
Moody’s Investors Service revises India’s Growth

Question: What is the GDP growth rate estimated by Moody’s Investors Service for India for the financial year 2021-22?(a) 9.6 per cent(b) 10.5 per cent(c) 10.2 per cent(d) 11.5 per centAnswer: (a)Related facts: Moody’s Investors […]

EconomicsEconomics

CII projects FY22 GDP growth

June 23, 2021June 23, 2021 Shashank Raj Gupta
CII projects FY22 GDP growth

Question: What is the GDP growth rate estimated by Confederation of Indian Industry (CII) for India for the financial year 2021-22?(a) 9.5 per cent(b) 10.5 per cent(c) 10.2 per cent(d) 11.5 per centAnswer: (a)Related facts: […]

EconomicsEconomics

India receives $64 billion FDI in 2020

June 21, 2021June 21, 2021 Shashank Raj Gupta
India receives $64 billion FDI in 2020

Question: As per the report by UN what was the position of India in terms of receiving FDI in 2020 in the world?a) 6thb) 5thc) 4thd) 1stAns: bContext As per the World Investment Report 2021 […]

EconomicsEconomics

GI certified ‘Jardalu’ mangoes

June 17, 2021June 17, 2021 Shashank Raj Gupta
GI certified ‘Jardalu’ mangoes

Question: Which state has Geographical Indicator (GI) tag for ‘Jardalu’ mangoes?a) Biharb) Uttar Pradeshc) Maharashtrad) None of the aboveAns: aContext Recently Bihar has exported the first commercial consignment of GI certified Jardalu mangoes from Bhagalpur […]

Economics, NationalEconomics

Enhancement of overseas investment limit for individual fund houses

June 15, 2021June 15, 2021 Shashank Raj Gupta
Enhancement of overseas investment limit for individual fund houses

Question : Up to how much has SEBI increased the foreign investment limit for mutual fund houses ?a. Up to 1 billion dollarb. Up to 2 billion dollarc. Up to 3 billion dollard. Up to […]

EconomicsEconomics

The amendments to the FAME-II electric vehicle policy

June 14, 2021June 14, 2021 Shashank Raj Gupta
The amendments to the FAME-II electric vehicle policy

Question: Consider the following statements:i) The amendments to the FAME-II electric vehicle policy was announced on 12th June by government of India.ii) Government has decided to increase subsidy for electric two wheeler made in the […]

EconomicsEconomics

‘Medicines from the Sky’ project

June 14, 2021June 14, 2021 Shashank Raj Gupta
‘Medicines from the Sky’ project

Question: Consider the following statements:i) ‘Medicine from the Sky’ which is drone delivery initiative of medicines in remote area will be spearheaded by E-Commerce giant Flipkart.ii) This project will be implemented in the remote areas […]

EconomicsEconomics

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