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Category: Economics

Current Affairs Economic News

CRISIL report projects Bihar GSDP growth rate highest in FY 18

January 28, 2019January 28, 2019 Shashank Raj Gupta
Crisil report

Question: Consider the following statements regarding ‘States of Growth 2.0’ report by CRISIL: 1) Report ranks Bihar as the top state in terms of GSDP growth in FY 18 2) In fiscal year 2017 Bihar […]

EconomicsEconomics

India Japan Currency Swap Agreement

January 25, 2019January 25, 2019 Shashank Raj Gupta
India Japan Currency Swap Agreement

Question: Consider the following statements and choose the correct option in reference to the Currency Swap Agreement between India and Japan. 1) The Union Cabinet under PM Narendra Modi approved the Currency Swap Agreement. 2) […]

EconomicsEconomics

MGNREGA Budget reaches highest level

January 22, 2019January 23, 2019 Shashank Raj Gupta

Question: What is the amount of budget in total allocated to the MGNREGA scheme by Central government in financial year 2018-19? (a) Rs. 61,084 crores (b) Rs. 55,084 crores (c) Rs. 60,084 crores (d) None […]

EconomicsEconomics

Retail Inflation at 18 months lowest

January 21, 2019January 21, 2019 Shashank Raj Gupta
Retail Inflation at 18 months lowest

Question: What percent was the retail inflation rate of India as per Consumer Price Index in December 2018 featured as 18 months lowest? (a) 2.33% (b) 2.18% (c) 3.64% (d) 2.19% Answer: (d) Related facts: […]

EconomicsEconomics

India Manufacturing Barometer 2019

January 18, 2019January 18, 2019 Shashank Raj Gupta

Question: Consider the following statements regarding India Manufacturing Barometer 2019: 1) This is a report based on surveys conducted jointly by FICCI and PwC 2) The report mentions that 74% of manufacturers hope for a […]

EconomicsEconomics

RBI shortlists 6 IT Firms for Public Credit Registry (PCR)

January 4, 2019January 4, 2019 Shashank Raj Gupta

Question: The non-performing assets in the Indian banking system stand at INR- (a) 10 lakh crore (b) 18 lakh crore (c) 25 lakh crore (d) 30 lakh crore Answer: (a) Related facts: RBI has shortlisted […]

EconomicsEconomics

Outstanding External Commercial Borrowings (ECB)

January 4, 2019January 4, 2019 Shashank Raj Gupta
Outstanding External Commercial Borrowings

Question: What was the outstanding stock of ECB as on September 30, 2018? (a) 126.29 Billion Dollar (b) 110.50 Billion Dollar (c) 150.00 Billion Dollar (d) 155.65 Billion Dollar Answer: (a) Related facts: RBI announced […]

EconomicsEconomics

India’s Foreign Exchange Reserves

January 4, 2019January 4, 2019 Shashank Raj Gupta

Question: Recently, India’s Forex reserves decline by 613.9 million dollar to – (a) 393.12 Billion Dollar (b) 350.00 Billion Dollar (c) 425.00 Billion Dollar (d) 450.00 Billion Dollar Answer: (a) Related facts: The country’s foreign […]

EconomicsEconomics

China announces duty cut on 700 foreign products

January 4, 2019January 4, 2019 Shashank Raj Gupta

Question: Recently which of the following country has announced duty cut on 700 foreign products? (a) Russia (b) China (c) USA (d) Japan Answer (c) Related facts: China on 24th December, 2018 announced that it […]

EconomicsEconomics

New President of FICCI

January 2, 2019January 2, 2019 Shashank Raj Gupta

Question: Who has been elected as the new President of FICCI? (a) Sandip Somany (b) Habeel Khorakiwala (c) Sangita Reddy (d) None of the Above Answer: (a) Related facts: Sandip Somany has been elected as […]

EconomicsEconomics

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