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Current Affairs - Economy

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You can easily solve all kind of Current Affairs questions based on Economy by practicing the objective type exercises given below, also get shortcut methods to solve Current Affairs Economy problems.

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Exercise :: Economy - Latest Current Affairs

  • Economy - Latest Current Affairs
1. 

The CARE lowered the centre's fiscal deficit projection to how many percent of the GDP for FY21?
A. 10%
B. 8.5%
C. 7.8%
D. 9%

Answer: Option C

Explanation:

The CARE Ratings has revised downwards its projection of the Centre's fiscal deficit to 7.8 per cent of GDP during FY21.
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2. 

The New Foreign Trade Policy 2021-26 will come into effect from which date?
A. March 31st
B. April 1st
C. March 1st
D. February 1st

Answer: Option B

Explanation:

The New Foreign Trade Policy 2021-26 will be brought into effect from April 1, 2021.
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3. 

What is the projected GDP rate of India as per the report of Nomura for the fiscal 2020-21?
A. -6.7
B. -5.5
C. -10.5
D. -10

Answer: Option A

Explanation:

The Japanese brokerage Nomura has revised upward the GDP forecast for India in 2020-21 and now expects it to contract to 6.7 percent.
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4. 

The UBS has estimated the GDP of India by how much percent for FY22?
A. 10 %
B. 11.5 %
C. 9.5 %
D. 7 %

Answer: Option B

Explanation:

The UBS further expects the economy to rebound at 11.5 percent in FY22.
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5. 

What is the India's GDP growth rate that has been projected by the ICRA?
A. 10.1 %
B. 11.2 %
C. 15 %
D. 9 %

Answer: Option A

Explanation:

The Rating agency ICRA has projected the India's real GDP to expand by 10.1% in FY2022.
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