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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. 

What is the new FDI limit approved by the Union Cabinet in the Telecom sector?
A. 85%
B. 74%
C. 100%
D. 49%

Answer: Option C

Explanation:

The Foreign Direct Investment government has increased the FDI in the Telecom sector under the automatic route from 49% to 100%.
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2. 

How much amount has been allocated to the PLI scheme of the Automobile sector by the Union Cabinet?
A. Rs 46,058 crores
B. Rs 36,058 crores
C. Rs 26,058 crores
D. Rs 16,058 crores

Answer: Option C

Explanation:

The Union Cabinet has approved a Production Linked Incentive (PLI) scheme for the automobile sector, with a budgetary allocation of Rs 26,058 crores, to increase the production of components like cars, auto parts, and other related products in India.
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3. 

What is the GDP growth rate projection of the Indian economy in Calendar Year 2021 as per the United Nations Conference on Trade and Development (UNCTAD)?
A. 8.1%
B. 6.5%
C. 9.0%
D. 7.2%

Answer: Option D

Explanation:

The United Nations Conference on Trade and Development (UNCTAD) has pegged India's economic growth rate as follows, in its Trade and Development report released Calendar Year (CY) 2021 - 7.2%; the Calendar Year 2022 - 6.7%.
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4. 

How much amount has been allocated to the PLI Scheme in the Union Budget 2021-22?
A. Rs 1.68 lakh crore
B. Rs 1.97 lakh crore
C. Rs 1.45 lakh crore
D. Rs 1.81 lakh crore

Answer: Option B

Explanation:

The PLI scheme has been announced in the Union Budget 2021-22, for 13 sectors, at an outlay of Rs 1.97 lakh crore.
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5. 

The companies are required to inform the SEBI when an entity holds more than how much percent shares in a listed company?
A. 7%
B. 10%
C. 4%
D. 5%

Answer: Option D

Explanation:

As per SEBI guidelines, companies have to inform the stock exchanges when an entity holds more than 5 percent shares in a listed company.
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