Current Affairs Economic News
Question: Consider the following facts regarding Rural Infrastructure Development Fund (RIDF):i) Government of India created the RIDF in NABARD in 1995-96, with an initial corpus of Rs.2,000 crore.ii) NABARD has recently announced that it has […]
Question – On 5 May 2021, the Cabinet Committee on Economic Affairs (CCEA) approved strategic disinvestment in IDBI Bank. Currently the promoter of this bank is –(a) SBI(b) LIC(c) Axis Bank(d) NTPC Ltd.Answer – (b)Related […]
Questions : RBI has recenlty relaxed the dividend payout norms of commercial banks and allowed them to pay up to XYZ of what they paid before Covid from the profits for the fiscal ended March […]
Question : According to ADB, at what percentage rate will the Indian economy grow in the current fiscal year?(A) 11 percent(B) 10 percent(C) 9 percent(D) 12 percentAns. (A)Related facts Latest Asian Development Outlook released on […]
Question: As per the United Nation’s World Economic Situation and Prospects -Mid 2021 report ,what is the estimated rate of growth of India for year 2021?a) 7.1%b) 7.5%c) 8%d) None of the aboveAns: bContext UN […]
Question: On 11th May 2021, Moody’s Investors Service has sharply cut India’s FY22 growth forecast. What is the new growth rate of India instead of the earlier estimated 13.7% as per Moody?a) 10%b)9%c) 9.3%d) 8%Ans: […]
Question: What is the GDP growth rate forecasted by the London-based company IHS Markit for India for 2021-22 fiscal?(a) 11 per cent(b) 9.6 per cent(c) 13 per cent(d) 12 per centAnswer: (b)Related facts: IHS Markit […]
Question: What is the GDP growth rate forecasted by Asian Development Bank for India in the 2021-22 fiscal?(a) 11 per cent(b) 10.5 per cent(c) 11 per cent(d) 12 per centAnswer: (c)Related facts: The Manila-based Asian […]
Question : Which bank launches “UNI-CARBON CARD” ?(a)Union Bank of India(b)Uco Bank(c)United Bank(d)None of the aboveAns(a)Related facts Union Bank of India launched “UNI – CARBON CARD”, an HPCL co-branded credit card on the Rupay platform […]
Question : Which bank has been named as the Best SME Bank of India by Asiamoney?(A) HDFC Bank(B) Icici Bank(C) Axis Bank(D) Yes BankAns.(A) HDFC Bank has been named as the Best SME Bank of […]