Exercise :: Economy - Latest Current Affairs
- Economy - Latest Current Affairs
| 1. | What is the GDP growth rate of India for FY 2020-21 projected by Barclays? |
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Answer: Option C Explanation: Investment bank Barclays stated that India's GDP may shrink to 6.4 per cent in 2020-21 amid the Covid-19 pandemic as against a six per cent contraction estimated earlier.
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| 2. | According to Goldman Sachs, what is India's GDP growth rate for FY21? |
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Answer: Option A Explanation: Goldman Sachs revised upwards its FY21 growth forecast for India to a 10.3% contraction, from -14.8% it had projected in September, according to a report.
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| 3. | Which insurance company launched 'Life + 36 critical illness Insurance' on Flipkart at the starting premium of just Rs. 153 for a life cover of Rs 1 lakh plus Critical Illness cover of Rs.10,000? |
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Answer: Option A Explanation: Aegon Life Insurance, the pioneer of digital insurance in India, announced the launch of 'Life + 36 critical illness Insurance' on Flipkart at the starting premium of just Rs. 153 for a life cover of Rs 1 lakh plus Critical Illness cover of Rs.10,000.
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| 4. | Which organisation signed MoU With NTPC Subsidiary, NVVN? |
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Answer: Option A Explanation: The Airports Authority of India (AAI) has signed a Memorandum of Understanding (MoU) with a subsidiary of NTPC Ltd, NTPC Vidyut Vyapar Nigam (NVVN), to promote usage of electric vehicles and set up solar power plants at the airports managed and operated by AAI.
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| 5. | Which organisation has sanctioned Rs 85 crore RIDF loan to Goa government? |
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Answer: Option A Explanation: Although there are still five months for the year to end, NABARD- Goa said that it had completed its targeted loan sanction under the Rural Infrastructure Development Fund (RIDF) to the state for 2020-21. The development financial institution disclosed that loans worth Rs 85.04 crore were sanctioned during the year to the Goa government under RIDF for various social infrastructure projects.
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