Current Affairs - Economy
Why should I study the current affairs questions and answers section on "Economy" daily?
Read the daily current affairs questions and answers section on "Economy" to enhance your general knowledge for clearing competitive examinations and placement interviews.
Where can I get the current affairs questions and answers section on "Economy"?
IndiaBIX provides you with daily current affairs questions and answers with explanations.
Where can I get the current affairs MCQ questions and answers section on "Economy" (objective type, multiple choice)?
Here you can find multiple-choice-type current affairs questions and answers on "Economy" for your interviews and competitive examinations. All the CA questions are arranged in different categories, including date-wise.
How do I download the current affairs questions section on "Economy" in PDF format?
You can download the current affairs quiz questions and answers section on "Economy" as PDF files or eBooks.
How do I answer the current affairs quiz section on "Economy"?
You can answer any current affairs quiz question on "Economy" by reading this current affairs section daily.
Exercise : Economy - Latest Current Affairs
- Economy - Latest Current Affairs
1.
What is the projected global economic growth rate for 2025 according to the UNCTAD report?
Answer: Option
Explanation:
According to the United Nations Conference on Trade and Development (UNCTAD) report titled “Trade and Development Foresights 2025: Under Pressure – Uncertainty Reshapes Global Economic Prospects,” global economic growth is expected to slow down to 2.3% in 2025. The report reviews the impact of financial uncertainty, trade tensions, and development challenges on the global economy. This lower growth forecast reflects concerns over rising geopolitical instability, inflation, and weaker demand in key economies. It highlights the need for stronger multilateral cooperation and strategic economic planning to navigate an increasingly complex global landscape.
Date : 2025-07-11
2.
What is India’s rank among the world’s most equal societies according to the World Bank?
Answer: Option
Explanation:
India has been ranked 4th among the world’s most equal societies by the World Bank, based on the Gini Index. With a score of 25.5, India follows only the Slovak Republic (24.1), Slovenia (24.3), and Belarus (24.4), which means India is ahead of most countries globally in terms of income and wealth equality. The Gini Index is a standard economic measure of inequality, where a lower value signifies a more equal distribution. This ranking reflects significant progress in economic inclusivity and income distribution within India, positioning it as a leading example among developing nations striving for social and economic equity.
Date : 2025-07-07
3.
What was India's rank in global biofuel consumption in 2024?
Answer: Option
Explanation:
In 2024, India became the fourth-largest consumer of biofuels globally, surpassing China, as reported in the Statistical Review of World Energy 2025. India's biofuel usage rose by 40% from the previous year, reaching 77 thousand barrels of oil equivalent per day. Although India still lags behind in biofuel production compared to China, this milestone highlights the country's commitment to clean energy and reducing carbon emissions. Biofuels such as ethanol and biodiesel, which are derived from renewable sources, play a crucial role in achieving sustainability in the transport and industrial sectors. This ranking underscores India’s growing leadership in green energy adoption.
Date : 2025-07-07
4.
By how much has the government reduced toll charges on certain National Highway structures like bridges and tunnels?
Answer: Option
Explanation:
On July 2, 2025, the Ministry of Road Transport and Highways (MoRTH) implemented a major change by reducing toll charges by up to 50% on specific highway stretches that include expensive infrastructure such as bridges, tunnels, flyovers, and elevated roads. Previously, tolls were calculated at ten times the rate per kilometre for such structures, making travel costly. Under the new system, toll will be calculated based on the lesser of two formulas—either ten times the structure length plus the rest of the highway or five times the total stretch—effectively slashing the toll by half in many cases. This reform aims to ease financial pressure on travellers and improve highway usage.
Date : 2025-07-06
5.
What percentage of India’s GDP did the external debt constitute at the end of March 2025?
Answer: Option
Explanation:
At the end of March 2025, India’s external debt stood at $736.3 billion, which amounted to 19.1% of the country’s GDP, as reported by the Reserve Bank of India. This marked an increase from the previous year, when the external debt was $668.8 billion or 18.5% of GDP. External debt includes borrowings from foreign sources such as international financial institutions, foreign governments, and private commercial entities. The rise in the external debt-to-GDP ratio reflects changes in both borrowing levels and overall economic performance. Monitoring this ratio is important for assessing a country's debt sustainability and economic health in the global financial system.
Date : 2025-07-01
Quick links
Quantitative Aptitude
Verbal (English)
Reasoning
Programming
Interview
Placement Papers