Current Affairs - Economy
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Exercise : Economy - Latest Current Affairs
- Economy - Latest Current Affairs
1.
What was the value of India’s gold imports in October 2025?
Answer: Option
Explanation:
India experienced a significant surge in gold imports in October 2025, reaching $14.72 billion. This sharp rise represented a threefold increase compared with the previous year and was mainly fueled by strong demand during the festival and wedding seasons, periods traditionally associated with higher gold purchases. The unusually high level of imports also played a major role in widening the country’s trade deficit to record levels. Understanding the factors behind this jump provides insight into the interaction between consumer behavior, seasonal trends, and broader economic impacts such as trade imbalances.
Date : 2025-11-19
2.
What GDP growth rate is projected for India in Q2 FY26 according to ICRA?
Answer: Option
Explanation:
ICRA has projected that India’s GDP growth for Q2 FY26 will moderate to 7%, reflecting a slowdown from the stronger 7.8% expansion recorded in Q1. This deceleration is linked to weaker performances in the services and agriculture sectors, despite encouraging industrial output supported by festive demand, GST rate cuts, and inventory stocking. Additional factors contributing to the easing pace include lower government expenditure, moderation in services exports, and weather-related disruptions affecting agricultural yields. Although industry remained a bright spot, the combined drag from services, agriculture, and fiscal trends indicates a softer overall growth outlook for the quarter.
Date : 2025-11-18
3.
What was India’s Labour Force Participation Rate (LFPR) for individuals aged 15+ in October, marking a six-month high?
Answer: Option
Explanation:
India’s Labour Force Participation Rate (LFPR) for people aged 15 and above reached 55.4% in October, reflecting a sustained rise over four consecutive months. This figure represents the proportion of individuals who are either working or actively seeking work and is measured under the Current Weekly Status (CWS). The improvement highlights growing engagement in the labour market, particularly in rural regions where participation rose to 57.8%. Although urban participation saw a minor dip to 50.5%, the overall national increase signals strengthening economic activity, broader employment opportunities, and a gradual recovery in workforce involvement across different regions and sectors.
Date : 2025-11-17
4.
What was the year-on-year bank credit growth reported for October 2025?
Answer: Option
Explanation:
The bank credit growth for October 2025 stood at 11.3%, reflecting a slowdown in lending activity across the financial sector. This moderation is linked to factors such as reduced loan demand, cautious lending behaviour by banks, and broader global economic uncertainties. Slower credit growth can impact industries, MSMEs, NBFCs and retail borrowers by delaying investment cycles and affecting expansion plans. Meanwhile, deposit growth accelerated, creating a liquidity surplus that may pressure banks to rethink their strategies for deploying funds efficiently. The 11.3% figure is significant because it highlights a pivotal shift in India’s credit-deposit dynamics and signals potential policy considerations ahead.
Date : 2025-11-16
5.
What is the new reduced GI tag application fee aimed at supporting tribal artisans and traditional crafts?
Answer: Option
Explanation:
The government has lowered the Geographical Indication (GI) tag application fee from ₹5,000 to ₹1,000 to make the process more accessible for tribal artisans and those engaged in traditional crafts. This reduction is intended to encourage more communities to register their unique products, thereby helping preserve cultural heritage and promoting regional identity. GI tags play an essential role in safeguarding items whose reputation, quality, or characteristics are linked to their place of origin. Products such as Kannadippaya, Apatani textile, Marthandam honey, Lepcha Tungbuk, Bodo Aronai, Ambaji Marble, and Badri cow ghee exemplify this cultural and geographical significance.
Date : 2025-11-15
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