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Category: Economics

Current Affairs Economic News

RBI new Governor

December 15, 2018December 15, 2018 Devendra Yadav
RBI new governor

Question: Who has been appointed Governor of the Reserve Bank of India?(a) Jagdish Bhagwati(b) Kaushik Basu(c) Shaktikanta Das(d) Gita GopinathAnswer: (c)Related facts: FormerEconomic Affairs secretary Shaktikanta Daswas named the 25th Governor of the Reserve Bank […]

Economics

Support and Outreach Initiative for MSME sector

November 19, 2018 Shashank Raj Gupta

Question: Which of the following initiative are taken by Prime Minister Narendra Modi for MSME sector? (a) 59 minutes loan portal to enable easy access to credit (b) Mandatory 25 per cent procurement from MSMEs […]

EconomicsEconomics

Strategic Petroleum Reserve

November 19, 2018 Shashank Raj Gupta
Strategic petroleum reserve

Question: At which of the following places Strategic Petroleum Reserves is not located? (a) Jaipur (b) Vishakhapatnam (c) Mangalore (d) Padur Answer: (a) Related facts: To ensure energy security, the Government of India had decided […]

EconomicsEconomics

Assent to Promulgation of Companies’ Amendment (Ordinance), 2018

November 19, 2018 Shashank Raj Gupta
President give assent to promulgation of companies amendment ordinance 2018

Question: Which of the following ministry is responsible for Companies’ Amendment Ordinance 2018? (a) Ministry of Commerce and Industry (b) Ministry of Finance (c) Ministry of Shipping (d) Ministry of Corporate Affairs Answer: (d) Related […]

EconomicsEconomics

Core Industries growth in September 2018

November 19, 2018 Shashank Raj Gupta
Core industries growth in September

Question: Which of the following is not true regarding core industries in India? (a) steel has the maximum share in IIP (b) eight core industries comprises 40.27 percent of the IIP (c) highest growing sector […]

EconomicsEconomics

India has emerged as the most Investment-Savvy Economy in Asia

November 14, 2018 Devendra Yadav
India has emerged as the most Investment-Savvy Economy in Asia

Question: India has emerged as the most Investment-Savvy Economy in Asia, which of the following institution carried out this study? (a)World Bank (b)IMF (c)Standard Chartered (d)RBI Answer: (c) Related facts: According to a study “The […]

EconomicsEconomics

FDI in Telecom Sector

October 10, 2018 Devendra Yadav
FDI in Telecom Sector

Question. Consider the following statements regarding FDI in the telecom sector? India is the largest telecom market in the world. Total FDI was $6.2 billion in the telecom sector in 2017-18 Which of the above […]

EconomicsEconomics

Family-owned business list

September 25, 2018 Devendra Yadav
Family-owned business list

Question-what is the rank of India on family-owned business list- (a)2 (b)3 (c)4 (d)5 Answer-(b) Related facts- As per the recent report of Credit Suisse Research Institute (CSRI), India’s rank is third on family –owned […]

EconomicsEconomics

MCLR has been increased by SBI and ICICI Bank

September 11, 2018 Devendra Yadav
MCLR

Question: Recently, MCLR has been increased by SBI and ICICI Bank. In this regard, consider the following statements. (1) This increase will be effective from September 1, 2018. (2) This is the minimum interest rate […]

EconomicsEconomics

Cashless economy

September 8, 2018 Devendra Yadav
cashless-economy

Question-Which of the following is true about cashless economy? The flow of cash within an economy is non-existent. All transactions have to be made through electronic channels such as , credit and debit cards, electronic […]

EconomicsEconomics

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