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Category: Economics

Current Affairs Economic News

Andhra Pradesh Tops ACI’s Ease of Doing Business Index

February 5, 2019February 5, 2019 Shashank Raj Gupta
andhra aci top

Question: Which State/UTs topped the ACIs Ease of Doing Business Index? (a) Maharashtra (b) Delhi (c) Andhra Pradesh (d) Telangana Answer (c) Related facts: Andhra Pradesh emerged as the top state in 2018 Ease of […]

EconomicsEconomics

RBI eases ECBs norms

February 2, 2019February 2, 2019 Shashank Raj Gupta
RBI eases ECBs norms

Question: Consider the following statements regarding External Commercial Borrowings (ECBs):1) ECBs is basically a loan availed by an Indian entity from a non-resident lender2) Maturity period for ECBs is up to five yearsOf the above […]

EconomicsEconomics

Minimum wages in MGNREGA

February 1, 2019February 1, 2019 Shashank Raj Gupta
Minimum wages in MGNREGA

Question: On 7th January 2019, the recommendations of the Committee selected for review Minimum wages in MGNREGA are under consideration & is in consultation with which department of the government? (a) Ministry of Finance (b) […]

EconomicsEconomics

National Bench of the Goods and Services Tax Appellate Tribunal

January 30, 2019January 30, 2019 Shashank Raj Gupta
National Bench of the Goods and Services Tax Appellate Tribunal

Question: Where will the recently approved creation of National Bench of the Goods and Services Tax Appellate Tribunal (GSTAT) be situated? (a) New Delhi (b) Mumbai (c) Noida (d) Ghaziabad Answer: (a) Related facts: The […]

EconomicsEconomics

World Economic Situation and Prospects 2019

January 30, 2019January 30, 2019 Shashank Raj Gupta
World Economic Situation and Prospects 2019

Question: Who released the report World Economic Situation and Prospects 2019? (a) World Bank (b) IMF (c) United Nations (d) World Economic Forum Answer: (c) Related facts: The United Nations released the report World Economic […]

EconomicsEconomics

RIL Quarter Profit Record

January 30, 2019January 30, 2019 Shashank Raj Gupta
RIL Quarter Profit Record

Question: RIL became the first Indian private firm to cross the quarter profit of: (a) 8,000 crore (b) 9,000crore (c) 10,000 crore (d) 15,000 crore Answer: (c) Related facts: Reliance Industries Limited (RIL) becomes the […]

EconomicsEconomics

Global Economic Prospects-2019

January 30, 2019January 30, 2019 Shashank Raj Gupta
Global economic prospects 2019

Question: As per the World Bank’s Global Economic Prospects report, India’s GDP is expected to grow —– in the fiscal year 2018-19? (a) 7.2 (b) 7.3 (c) 7.4 (d) 7.5 Answer: (b) Related facts: As […]

EconomicsEconomics

5 member panel set up by RBI on concerns regarding digital payment

January 30, 2019January 30, 2019 Shashank Raj Gupta
5 member panel set up by RBI

Question: Who has been appointed chairman of a committee to assess digitalization of payments? (a) Nandan Nilekani (b) Sunil Mehta (c) Raghuram Rajan (d) E. Sreedharan Answer: (a) Related facts: The Reserve Bank of India […]

EconomicsEconomics

Recapitalization of Export-Import Bank of India

January 29, 2019January 30, 2019 Devendra Yadav
Recapitalisation of Export

Question: Recently Union Cabinet has given approval for recapitalization of which of the following bank? (a) IDBI (b) Punjab National Bank (c) State Bank of India (d) EXIM-Bank Answer: (d) Related facts: On 16 January […]

Economics

Integrated E-filing and Centralized Processing Centre 2.0 Project

January 29, 2019January 29, 2019 Devendra Yadav
Integrated E-filing and Centralized Processing Centre 2.0 Project

Question: Integrated E-filing &Centralized Processing Center 2.0 Project is related to which of the following department? (a) CPWD (b) Irrigation (c) BSNL (d) Income Tax Answer: (d) Related facts: On 16 January 2019, Union Cabinet […]

Economics

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