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Category: Economics

Current Affairs Economic News

SDG India Index and Dashboard 2020–21

June 3, 2021June 3, 2021 Shashank Raj Gupta
SDG India Index and Dashboard 2020–21

Question: Which of the following statement/s is/are correct regarding SDG India Index, 2020-21 ?(1) It is published by NITI Aayog.(2) It includes the performance of Indian states on various SDGs (Sustainable Development Goals).(3) The report […]

EconomicsEconomics

Reserve Bank of India imposes Rs 10 crore penalty on HDFC Bank

June 1, 2021June 1, 2021 Shashank Raj Gupta
Reserve Bank of India imposes Rs 10 crore penalty on HDFC Bank

Question: Recently Reserve Bank of India has imposed a fine of Rs 10 crore on which bank for deficiencies in regulatory compliance?(a) HDFC Bank(b) ICICI Bank(c) Punjab National Bank(d) Axis BankAnswer: (a)Related facts: The Reserve […]

EconomicsEconomics

Zebpay Lending Platform: First of its kind crypto lending model in India

May 31, 2021May 31, 2021 Shashank Raj Gupta
Zebpay Lending Platform First of its kind crypto lending model in India

Question: On May 27, 2021, ZebPay announced the launch of ZebPay Lending Platform, the first crypto lending model of its kind in India. Now any investor can invest in Bitcoin and other cryptocurrencies and like […]

EconomicsEconomics

RBI Annual Report, 2020-21

May 31, 2021May 31, 2021 Shashank Raj Gupta
RBI Annual Report, 2020-21

Question : What is the real gdp growth rate projected by RBI for FY 2020-21?(a) (-) 8.0 percent(b) (-) 6.0 per cent(c) (-) 7.6 per cent(d) (-) 5.4 per centAnswer: (a)Related facts The Reserve Bank […]

EconomicsEconomics

Bank credit growth

May 29, 2021May 29, 2021 Shashank Raj Gupta
Bank credit growth

Question : How much bank credit growth decelerates in March 2021 ?a. 5.6 percentb. 4.9 percentc. 5.1 percentd. 5.9 percentAns. a. Bank credit growth decelerated to 5.6 per cent in March 2021 from 6.4 per […]

EconomicsEconomics

Forex reserves

May 29, 2021May 29, 2021 Shashank Raj Gupta
Forex reserves

Question : India’s forex reserves(for the week ended May 21) hit lifetime high, rise $ 2.8 bn to —a. $ 592.894 bnb. $ 492.894 bnc. $ 692.894 bnd. $ 392.894 bnAns. a.Related facts India’s foreign […]

EconomicsEconomics

Barclays estimates GDP Growth Rate of India in bear case scenario

May 29, 2021May 29, 2021 Shashank Raj Gupta

Question: What is the GDP growth rate estimated by the British brokerage Barclays for India in 2021-22 fiscal?(a) 11 per cent(b) 7.7 per cent(c) 13 per cent(d) 12 per centAnswer: (b)Related facts: British brokerage Barclays […]

EconomicsEconomics

Inclusion of climate, digital tech into economic assessments

May 28, 2021May 28, 2021 Shashank Raj Gupta
Inclusion of climate, digital tech into economic assessments

Question : Which international organization has unveiled plans to include climate, digital technology into economic assessments ?a. IMFb. UNEPc. World Bankd. None of the aboveAns. a.Related facts IMF has recently(May 2021) unveiled plans to include […]

EconomicsEconomics

Highest Ever FDI Inflow

May 28, 2021May 28, 2021 Shashank Raj Gupta
Highest Ever FDI Inflow

Question : India Records highest ever FDI inflow In FY21. What is that FDI inflow amount ?a. 81.72 Billion dollarb. 85.88 Billion dollarc. 88.90 Billion dollard. 92.00 Billion dollarAns. a. India has recently(May 2021) attracted […]

EconomicsEconomics

India’s WPI Inflation Surges To 10.49% For April 2021

May 27, 2021May 27, 2021 Shashank Raj Gupta
India’s WPI Inflation Surges To 10.49% For April 2021

Question: Consider the following statements:(1) The Wholesale Price Index inflation was 10.49% for April 2021(2) A wholesale price index (WPI) measures and tracks the changes in prices of goods in the stages before the retail […]

EconomicsEconomics

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