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Category: Economics

Current Affairs Economic News

India-Fiji: Union Cabinet Approves pact

March 8, 2021March 8, 2021 Shashank Raj Gupta
India-Fiji Union Cabinet Approves pact

Question: Recently The Union Cabinet Chaired by Prime Minister, Narendra Modi, has approved an agreement between India and Fiji .In which sector this agreement has been approved?a) Tourismb) Financec) Agricultured) TransportAns: c)Facts The agriculture pact […]

EconomicsEconomics

Brahmaputra Valley Fertilizer Corporation

March 6, 2021March 6, 2021 Devendra Yadav

Question : How much amount of assistance has been approved by the Cabinet Committee on Economic Affairs to the ‘Brahmaputra Valley Fertilizer Corporation’?(a) 500 crores rupees(b) Rs 300 crores(c) 100 crores rupees(d) 200 crores rupeesAnswer […]

EconomicsCurrent Affairs Economics News

Acquisition of 5% stake in Indian Gas Exchange

March 6, 2021March 6, 2021 Devendra Yadav

Which of the following has acquired IEX’s 5% stake in Indian Gas Exchange ?(a)GAIL(b)IOC(c)ONGC(d)HPCLAns.(a)Related facts The Indian Energy Exchange on Tuesday(09 February 2021) said state-owned GAIL (India) Ltd has acquired five per cent stake of […]

EconomicsCurrent Affairs Economics News

SBI Mutual Fund’s first international fund

March 4, 2021March 4, 2021 Shashank Raj Gupta

Question : SBI Mutual Fund has recently launched its first international fund. Which one of the following fact is correct regarding the asset allocation of the scheme ? The scheme will invest 55% to 60% […]

EconomicsEconomics

Report on Currency and Finance (RCF) for the year 2020-21

March 4, 2021March 4, 2021 Shashank Raj Gupta
Report on Currency and Finance (RCF) for the year 2020-21

Question : RBI released ‘Currency and Finance’ report on February 26, 2021. According to this, India’s inflation target band appropriate for next _ years. Choose the correct option for blank space —(a) Five(b) Six(c) Four(d) […]

EconomicsEconomics

Mercantile Marine Domain Awareness Centre

March 4, 2021March 4, 2021 Shashank Raj Gupta
Mercantile Marine Domain Awareness Centre

Question: On march 2 , 2021 PM Modi launched ‘Sagar-Manthan’. What is the role of Sagar-Manthan?a) Port System Awarenessb) Disaster Management in coastal areasc) Mercantile Marine Domain Awareness Centred) Coastal Natural Resource monitoring centreAns: c)Context […]

EconomicsEconomics

Government amends Insurance Ombudsman Rules, 2017

March 4, 2021March 4, 2021 Shashank Raj Gupta
Government amends Insurance Ombudsman Rules, 2017

Question: On March 2, 2021, The Union Government has amended the “Insurance Ombudsman Rules, 2017”. Consider the following statements about it-i) Insurance brokers have been brought under the supervision of the Ombudsman mechanism.ii) Policyholders can […]

EconomicsEconomics

Fino Payments Bank

March 4, 2021March 4, 2021 Shashank Raj Gupta
Fino Payments Bank

Question : Fino Payments Bank now become a scheduled bank, regarding this RBI has notified the inclusion of Fino Payments Bank in the Schedule of the Reserve Bank of India Act, 1934. This inclusion done […]

EconomicsEconomics

Indian economy : Moody’s growth forecast

March 4, 2021March 4, 2021 Shashank Raj Gupta
Indian economy Moody’s growth forecast

Question : Global rating agency Moody’s has recently raised India growth forecast(FY 22) upto —(a) 13.7 %(b) 14.7 %(c) 15.7 %(d) 16.7 %Ans.(a)Related facts Global rating agency Moody’s has recently(February 2021) raised India growth forecast(FY […]

EconomicsEconomics

India’s GDP Q3 Estimates 2020-21

March 3, 2021March 3, 2021 Shashank Raj Gupta

Question: What was India’s GDP growth at Constant (2011-12) Prices in Quarter 3 for 2020-21 fiscal?(a) -2.5 percent(b) 0.4percent(c) 1.3 percent(d) -1.2 percentAnswer: (b)Related facts: On 26th February 2021, the National Statistical Office (NSO), Ministry […]

EconomicsEconomics

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