Economics – Page 41 – Latest Current Affairs for Competitive Exams

Economic Survey 2020-21

February 4, 2021February 4, 2021 Shashank Raj Gupta

Question : On 29 January 2021, Union Finance Minister Nirmala Sitharaman presented the Economic Survey 2020-21 in Parliament. Consider the following statements related to this —(1) As per the advance estimates, India’s GDP is estimated […]

Protection of oceans to support the Blue Economy

February 3, 2021February 3, 2021 Shashank Raj Gupta

Question : An International effort has recently(January 2020) been done to the aim of protect oceans, support the Blue Economy ? Which of the following party/parties involved in this effort ?(a)ADB & European Investment Bank(b)World […]

IMF projects over 11 per cent growth rate for India in 2021

January 29, 2021January 29, 2021 Shashank Raj Gupta

Question: What is the GDP Growth rate projected by the International Monetary Fund for India in the year 2021?(a) 11.5 percent(b) 8 percent(c) 10 percent(d) 12 percentAnswer: (a)Related facts: The International Monetary Fund (IMF) projected […]

India’s GDP to contract 8% in 2020-21

January 28, 2021January 28, 2021 Shashank Raj Gupta

Question:What is India’s GDP Growth Rate projection for 2020-21 according to FICCI Economic Outlook Survey?(a) -8 percent(b) -7 percent(c) -7.5 percent(d) -6 percentAnswer: (a)Related facts: According to the latest round of FICCI’s Economic Outlook Survey […]

Introduction of Legal Entity Identifier for Large Value Transactions in Centralised Payment Systems

January 11, 2021January 11, 2021 Shashank Raj Gupta

Question : RBI has recently(5 January, 2021) decided to introduce the Legal Entity Identifier (LEI) system for all payment transactions of value _ and above undertaken by entities (non-individuals) using the Reserve Bank-run Centralised Payment […]

Launching of RuPay PoS

January 11, 2021January 11, 2021 Shashank Raj Gupta

Question : NPCI has recently(31 December 2020) announced that RuPay has partnered with ___ bank to launch an innovative payment solution for Indian merchants .Which bank has partnered with Rupay in association with PayNearby? (a) […]

Selling of 23% stake in IDBI Federal Life Insurance

January 11, 2021January 11, 2021 Shashank Raj Gupta

Question : On which date IDBI announced the selling of 23% stake in ‘IDBI Federal Life Insurance’ ?(a) 31 December 2020(b) 28 December 2020(c) 22 December 2020(d) 5 December 2021Answer (a) IDBI Bank has recently(31 […]

REPORT ON TREND AND PROGRESS OF BANKING IN INDIA 2019-20

January 11, 2021January 11, 2021 Shashank Raj Gupta

Question : On which date the ‘Trend and Progress of Banking in India’ report published ?(a) 29 December 2020(b) 27 December 2020(c) 29 November 2020(d) 9 December 2020Answer (a)Related facts Recently(29 December 2020), the Reserve […]

RBI study on inflation trend

January 11, 2021January 11, 2021 Shashank Raj Gupta

Question : Maintaining 4% inflation is appropriate for India.RBI working paper(Measuring Trend Inflation in India) has shown this fact.On which date this working paper released ?(a) 28 December 2020(b) 26 December 2020(c) 22 December 2020(d) […]

FOREIGN DIRECT INVESTMENT TRENDS AND OUTLOOK IN ASIA AND THE PACIFIC

January 9, 2021January 9, 2021 Shashank Raj Gupta

Question : The Economic and Social Commission for Asia and the Pacific (ESCAP) serves as the United Nations’ regional hub promoting cooperation among countries to achieve inclusive and sustainable development. On which date it released […]