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. 

What is the GDP growth rate of India for FY 2020-21 projected by Barclays?

A. -9.4
B. -10.5
C. -6.4
D. -8.5

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.

2. 

According to Goldman Sachs, what is India's GDP growth rate for FY21?

A. -10.3
B. -9.8
C. -11.5
D. -10.5

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.

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?

A. Aegon Life Insurance
B. Max Life Insurance
C. Exide Life Insurance
D. Bajaj Allianz Life Insurance

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.

4. 

Which organisation signed MoU With NTPC Subsidiary, NVVN?

A. AAI
B. DMRC
C. IRCTC
D. DTC

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.

5. 

Which organisation has sanctioned Rs 85 crore RIDF loan to Goa government?

A. NABARD
B. SEBI
C. SIDBI
D. MANREGA

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.