Current Affairs - Economy
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Exercise : Economy - Latest Current Affairs
- Economy - Latest Current Affairs
1.
Which international financial institution committed $4.26 billion in sovereign lending to India in 2025 to support sectors like skilling, renewable energy, urban infrastructure, and healthcare?
Answer: Option
Explanation:
The Asian Development Bank committed $4.26 billion in sovereign lending to India in 2025, marking a significant contribution to the country’s inclusive and sustainable development agenda. The funding supports a wide range of priority sectors, including skill development through ITI modernization, expansion of renewable energy via rooftop solar projects, urban infrastructure upgrades, metro and rapid rail expansion, healthcare improvements, and ecotourism development. This financial support aligns with India’s long-term growth strategy and reflects the Asian Development Bank’s role as a key development partner, focusing on clean energy transition, urban transformation, and human capital development.
Date : 2025-12-20
2.
What was India’s overall unemployment rate in November for persons aged 15 years and above?
Answer: Option
Explanation:
India’s unemployment rate declined to 4.7% in November, marking the lowest level recorded since April for individuals aged 15 years and above. This improvement reflects a positive trend in the labour market as measured by the Ministry of Statistics and Programme Implementation under the Current Weekly Status framework. The decline was supported by easing unemployment in both rural and urban areas, alongside an increase in labour force participation. Rising workforce engagement and sectoral recovery contributed to improved employment conditions, indicating gradual strengthening of economic activity and job absorption across regions.
Date : 2025-12-17
3.
Which international financial institution approved a USD 240 million loan for the expansion of the Chennai Metro Rail network?
Answer: Option
Explanation:
The Asian Development Bank approved a USD 240 million loan to support the expansion of the Chennai Metro Rail network as part of a larger USD 780 million financing facility. This funding aims to improve urban mobility through the development of new metro lines and stations while promoting inclusivity, safety, and climate resilience. The project focuses on cleaner and more reliable public transport, disaster-resistant infrastructure, and long-term financial sustainability. ADB’s involvement reflects its broader role in supporting India’s urban infrastructure, low-carbon development, and inclusive growth objectives.
Date : 2025-12-15
4.
What was India’s retail inflation (CPI) in November 2025?
Answer: Option
Explanation:
India’s Consumer Price Index (CPI) retail inflation increased slightly to 0.71% in November 2025, up from 0.25% in October. The rise was primarily due to easing food deflation, which moderated from -5.02% to -3.91%. While rural inflation turned positive at 0.10% and urban inflation increased to 1.4%, the overall CPI inflation reflects a modest uptick driven by seasonal increases in vegetables, pulses, fruits, eggs, and meat & fish. The moderation of the base effect contributed to this rise, signaling a gradual recovery in price levels after a period of very low inflation.
Date : 2025-12-14
5.
What is the upgraded FY25-26 growth forecast for India according to the Asian Development Bank?
Answer: Option
Explanation:
The Asian Development Bank has revised India’s FY25-26 growth outlook upward to 7.2%, reflecting confidence in the country’s strong economic performance during the July–September period and improved prospects for the full fiscal year. This upgraded estimate highlights India’s role as a major contributor to Asia-Pacific’s growth, which has also been raised to 5.1%. The positive adjustment underscores the momentum driven by robust domestic demand, improved investment climate, and ongoing structural reforms. While the projection for FY26-27 remains stable at 6.5%, the current upward revision indicates sustained economic resilience and a favourable medium-term growth trajectory.
Date : 2025-12-11
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