Category: Economics

Question: GST Exemption limit is raised from Rs 20 lakhs to? (a) Rs 40 lakhs (b) Rs 25 lakhs (c) Rs 26 lakhs (d) Rs 28 lakhs Answer: (a) Related facts: On 10th January 2019, […]

Question: Consider the following statements regarding Index of Eight Core Industries, November 2018: 1) The Eight Core Industries comprise 40.27 percent of the weight of items included in the Index of Industrial Production (IIP). 2) […]

Question: India secured the second spot in global steel production by replacing which of the following country? (a) USA (b) Japan (c) Russia (d) South Korea Answer: (b) Related facts: In the latest report of […]

Question: Which edition of the Status Paper on Government is released by Central Government recently? (a) 7th (b) 8th (c) 11th (d) 20th Answer: (b) Related facts: The Central Government released the 8th Edition of […]

Question: In Context of Angel Tax Controversy, which rules of Income tax act, 1961 has been put in place as a mechanism in order to exempt gains so as to promote start ups in India? […]

Question: Consider the following statements in reference to production of Crude Oil and Natural Gas: 1) The monthly production report of crude oil and Natural Gas in Dec. 2018 was released by Ministry of Petroleum […]

Question: Contracts worth ——– have been signed with Indian Vendors for procurement of defence equipments in the last three financial years under Make in India. (a) Rs. 60,471 crores (b) Rs. 67,5668 crores (c) Rs. […]

Question: Common Digital Currency ‘Aber’ launched by which country? (a) UAE and Saudi Arabia (b) UAE and Qatar (c) Oman and Qatar (d) Saudi and Oman Answer: (a) Related facts: The United Arab Emirates Central […]

Question: What amount Cabinet approved for Amendment to the ‘Framework on Currency Swap Arrangement for SAARC Member Countries’ to incorporate ‘Standby Swap’? (a) USD 200million (b) USD 300 million (c) USD 400 million (d) USD […]