Current Affairs - Economy

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In this section you can learn and practice Current Affairs Questions based on "Economy" and improve your skills in order to face the interview, competitive examination and various entrance test (CAT, GATE, GRE, MAT, Bank Exam, Railway Exam etc.) with full confidence.

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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.

Exercise :: Economy - Latest Current Affairs

  • Economy - Latest Current Affairs
1. 

According to the second advanced estimates of the National Statistical Office (NSO), what is the projected GDP growth rate of India in fiscal 2020-21?

A. -9%
B. -8%
C. -10%
D. -11%

Answer: Option B

Explanation:

The GDP growth of India during 2020-21 is estimated to contract 8 percent, as per the second advanced estimates projected by the National Statistical Office (NSO).

2. 

As per Moody's, the GDP of India in FY22 is estimated at how much percent?

A. 11%
B. 12.5%
C. 13.7%
D. 9.9%

Answer: Option C

Explanation:

For the next financial year FY22, beginning April 1, the Moody's has projected the economy to grow to 13.7 percent.

3. 

The Indian economy is expected to rebound to how much percent in FY22, as per the recent revision of outlook by ICRA?

A. 13.5%
B. 12.5%
C. 10.5%
D. 11.5%

Answer: Option C

Explanation:

The ICRA expects a considerable rebound in India's economic growth to 10.5 percent due to higher central government spending, and a pick-up in consumption.

4. 

What is the estimated GDP growth rate of India in FY21 as per ICRA?

A. -7%
B. -6%
C. -8%
D. -9%

Answer: Option A

Explanation:

The India's rating agency, ICRA has projected the Indian economy to contract 7 percent in current fiscal (FY21).

5. 

The DRDO has tested the indigenously developed Helina and Dhruvastra missile system. The two missiles are which type of missile?

A. Anti-submarine Missile
B. Anti-tank guided Missile
C. Surface-to-surface Missile
D. Anti-ballistic Missile

Answer: Option B

Explanation:

The Defence Research and Development Organization successfully carried out joint user trials of indigenously developed Helina and Dhruvastra Anti-Tank Guided Missiles (ATGM).