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Category: Economics

Current Affairs Economic News

Shivalik Small Finance Bank Limited

April 28, 2021April 28, 2021 Shashank Raj Gupta
Shivalik Small Finance Bank Limited

Question: Recently which UP-based has commenced operations as a Small Finance Bank (SFB) with effect from April 26, 2021?(a) Shivalik Small Finance Bank(b) Jana Small Finance Bank(c) Utkarsh Small Finance Bank(d) Ujjivan Small Finance BankAnswer: […]

EconomicsEconomics

RBI Caps Tenure of Private Banks MD & CEO

April 28, 2021April 28, 2021 Shashank Raj Gupta
RBI Caps Tenure of Private Banks MD & CEO

Question: According to the new rule by Reserve Bank of India what is maximum tenure of Managing Director and Chief Executive of commercial banks ?(a) 10 years(b) 15 years(c) 8 years(d) 13 yearsAnswer: (b)Related facts: […]

EconomicsEconomics

Oxford Economics downgrades India’s GDP Growth Forecast

April 28, 2021April 28, 2021 Shashank Raj Gupta
Oxford Economics downgrades India’s GDP Growth Forecast

Question: What is the GDP growth rate forecasted by Oxford Economics for India in the 2021-22 fiscal?(a) 11 per cent(b) 10.5 per cent(c) 10.2 per cent(d) 12 per centAnswer: (c)Related facts: Oxford Economics degraded GDP […]

EconomicsEconomics

Goldman Sachs Downgrade India’s GDP Growth Forecast

April 28, 2021April 28, 2021 Shashank Raj Gupta
Goldman Sachs Downgrade India’s GDP Growth Forecast

Question: What is the GDP growth rate forecasted by Wall Street brokerage, Goldman Sachs for India in the 2021-22 fiscal?(a) 11 per cent(b) 10.5 per cent(c) 10.1 per cent(d) 12 per centAnswer: (b)Related facts: Wall […]

EconomicsEconomics

India Ratings and Research revises India’s GDP Growth Rate

April 27, 2021April 27, 2021 Shashank Raj Gupta
India Ratings and Research revises India

Question: What is the GDP growth rate forecasted by India Ratings and Research for India in the 2021-22 fiscal?(a) 11 per cent(b) 10.5 per cent(c) 10.1 per cent(d) 12 per centAnswer: (c)Related facts: India Ratings […]

EconomicsEconomics

SBI Research Projects revises India’s GDP Growth Rate for FY22

April 27, 2021April 27, 2021 Shashank Raj Gupta
SBI Research Projects revises India

Question: What is the GDP growth rate forecasted by the State Bank of India (SBI) Research for India in 2021-22 fiscal?(a) 11 per cent(b) 10.5 per cent(c) 10.4 per cent(d) 12 per centAnswer: (c)Related facts: […]

EconomicsEconomics

RBI cancels licence of Bhagyodaya Friends Urban Co-operative Bank

April 27, 2021April 27, 2021 Shashank Raj Gupta
RBI cancels licence of Bhagyodaya Friends Urban Co

Question: Which bank’s licence has been cancelled by the Reserve Bank of India in April 2021 due to inadequate capital?(a) DBS Bank(b) Bhagyodaya Friends Urban Co-operative Bank Ltd(c) Bassein Catholic Co-operative Bank Ltd(d) Dombivli Nagari […]

EconomicsEconomics

S&P Projects India’s GDP Growth Forecast at 11% in FY22

April 26, 2021April 26, 2021 Shashank Raj Gupta
S&P Projects India’s GDP Growth Forecast at 11% in FY22

Question: What is the GDP growth rate forecasted by the S&P Global Ratings for India for 2021-22 fiscal?(a) 11 per cent(b) 10.5 per cent(c) 13 per cent(d) 12 per centAnswer: (a)Related facts: The S&P Global […]

EconomicsEconomics

ICRA cuts India’s GDP Forecast by 0.5%

April 26, 2021April 26, 2021 Shashank Raj Gupta
ICRA cuts India

Question: What is the GDP growth rate forecasted by domestic rating agency ICRA for India for 2021-22 fiscal?(a) 10-10.5 per cent(b) 10-11 per cent(c) 13-13.5 per cent(d) 11-12 per centAnswer: (a)Related facts: The domestic rating […]

EconomicsEconomics

Care Ratings Projects India’s GDP growth forecast at 10.2%

April 26, 2021April 26, 2021 Shashank Raj Gupta
Care Ratings Projects India

Question: What is the GDP growth rate forecasted by the Care Ratings for India for 2021-22 fiscal?(a) 11 per cent(b) 10.2 per cent(c) 13 per cent(d) 12 per centAnswer: (b)Related facts: Care Ratings has downgraded […]

EconomicsEconomics

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