Current Affairs - Economy
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Exercise : Economy - Latest Current Affairs
- Economy - Latest Current Affairs
1.
According to the provisional estimate by the Statistics Ministry, what was India's GDP growth rate for the fiscal year 2022-23?
Answer: Option
Explanation:
India's GDP growth rate for the fiscal year 2022-23 was estimated at 7.2% as per the provisional estimate by the Statistics Ministry. This exceeded expectations and indicates a positive performance of India's Gross Domestic Product (GDP).
Date : 2023-06-02
2.
What is the approved investment amount for India's world's largest food storage scheme in the Cooperative Sector?
Answer: Option
Explanation:
The Indian government has recently approved a groundbreaking scheme worth Rs 1 lakh crore aimed at significantly expanding the food grain storage capacity in the cooperative sector.
Date : 2023-06-02
3.
What is the percentage of India's GDP growth in the January to March 2023 quarter?
Answer: Option
Explanation:
India's GDP growth accelerated to 6.1% in the January to March 2023 quarter, resulting in an upward revision of the economy's overall growth to 7.2% for the fiscal year 2022-23, as per the provisional national income data released by the National Statistical Office (NSO) on Wednesday.
Date : 2023-06-02
4.
In the month of April 2023, investments in P-notes hit a four-month high of how many crores?
Answer: Option
Explanation:
Investments in P-notes reached a four-month high of Rs 95,911 crore in April.
Date : 2023-06-01
5.
Under the new digital reporting and communication system to address loan defaults exceeding Rs 50 crore, which organization will communicate with banks?
Answer: Option
Explanation:
The government has approved a new digital reporting and communication system to address loan defaults exceeding Rs 50 crore. Instead of relying on paper-based communication, the Union government has introduced a digital mechanism. Under this system, the Central Economic Intelligence Bureau (CEIB) will send digital reports to public sector banks within 15 days of a loan request at the pre-approval stage.
Date : 2023-05-31
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