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Category: Economics

Current Affairs Economic News

Revised price of ethanol under EBP

November 1, 2017 Shashank Raj Gupta
Revised price of ethanol under EBP

Question: Approval to the revision in the price of ethanol under Ethanol Blended Petrol (EBP) Programme has been given by Cabinet Committee on Economic Affairs. The revised price of ethanol would be fixed at- (a) […]

EconomicsEconomics

Cabinet approves Special Banking Arrangement (SBA)

November 1, 2017 Shashank Raj Gupta
Cabinet approves Special Banking Arrangement

Question: For payment of outstanding subsidy during 2016-17 to which of the following companies, Cabinet approves Special Banking Arrangement (SBA)? (a) Telecom companies (b) Textile companies (c) Marketing companies (d) Fertilizer companies Answer: (d) Related […]

EconomicsEconomics

ADB’s India Development Forecast

November 1, 2017 Devendra Yadav
ADB lowers India growth outlook to 7% for 2017-18

Question: Asian Development Bank has reduced the forecast of India’s GDP growth for the year 2017-18 to 0.4 percent from the earlier declared (April forecast) growth rate. India’s GDP growth is estimated- (a) 7% (b) […]

Economics

Growth rate of Indian economy: OECD estimates

November 1, 2017 Devendra Yadav
Indian economy to grow 6.7 pc in 2017-18, says OECD

Question: What is the percentage of increase in the Indian economy in the Indian economy by the Economic Co-operation and Development Organization (OECD) for the year 2017-18? (a) 6.8 percent (b) 6.7 percent (c) 6.5 […]

Economics

Maharashtra top ranked in manufacturing emergence

November 1, 2017 Devendra Yadav
Maharashtra, Gujarat top in manufacturing Assocham

Question: According to a recent study by Assocham, Maharashtra is at the first place in terms of manufacturing emergence. Which of the following states is at second place? (a) Punjab (b) Madhya Pradesh (c) Gujarat […]

Economics

Global Financial Centers Index (GFCI)

November 1, 2017 Devendra Yadav
GIFT City's IFSC bags 10th place in Global Financial Centres Index

Question- What is the position of International Financial Services Center (IFSC) of Gujarat International Finance Tech-City (Gift City) in the latest Global Financial Centers Index released recently? (a) Seventh (b) Tenth (c) Eighth (d) Ninth […]

Economics

Coal India Limited-Historical Pay Agreement

October 17, 2017 Shashank Raj Gupta
Historic wage agreement by Coal India Limited

Question: Recently, 10th Wage Agreement of Coal Workers was finalised on the 10th meeting on 10th day of 10th month of this year. In this meeting, at what percentage of increase in the salary was […]

EconomicsEconomics

India top remittance-receiving country

October 17, 2017 Shashank Raj Gupta
India to top global remittances chart with USD 65 billion in 2017 World Bank

Question: According to the World Bank, which country is the top remittance-receiving country in 2017? (a) India (b) China (c) Japan (d) Nepal Answer: (a) Related Facts: According to the figures released by the World […]

EconomicsEconomics

Acquisition of Tata Teleservices Ltd.

October 17, 2017 Shashank Raj Gupta
Bharti Airtel acquires Tata's mobile arm

Question: Which of the following telecom company recently, announced the acquisition of Tata Tele-services Ltd? (a) Bharti Airtel (b) Reliance Jio (c) Idea Cellular (d) Aircel Answer: (a) Related Facts: On October 12, 2017, Bharti […]

EconomicsEconomics

NABARD Sanctions Rs 119 Crore Loan For Haryana

October 16, 2017October 16, 2017 Devendra Yadav
Nabard sanctions Rs 119 cr loan for Haryana

Question: Recently, the National Agriculture and Rural Development Bank (NABARD) has sanctioned a loan to Haryana State for Rs. – (a) 119 crores (b) 118 crores (c) 120 crores (d) 119 crores Answer: (a)  Related Facts: […]

Economics

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