Current Affairs - Economy

Exercise :: Economy - Latest Current Affairs

  • Economy - Latest Current Affairs
66. 

Who among the following persons is the head of the committee formed by IRDAI to set regulations related to reinsurance?

A. Sumitra Mahajan
B. T R Alamelu
C. C B Singh
D. Nitish Bhattacharya

Answer: Option B

Explanation:

The Insurance Regulatory and Development Authority of India has constituted 9-member panel headed by TR Alamelu, to have a look at the set of regulations, circulars and guidelines on Reinsurance and Foreign Reinsurance Branches.

67. 

What is the latest GDP growth estimate of India by India Ratings and Research for the fiscal 2019-20?

A. 6.3%
B. 6.9%
C. 6.6%
D. 6.1%

Answer: Option D

Explanation:

The latest GDP growth estimate of India by India Ratings and Research for the fiscal 2019-20 is 6.1%.

68. 

Which of the following represents the total amount of Indian foreign reserve at present?

A. US$ 432.88
B. US$ 437.83
C. US$ 456.32
D. US$ 422.23

Answer: Option B

Explanation:

India's foreign exchange reserves reached to US$ 4.24 billion to US$ 437.83 billion in the week ended October 4.

69. 

Which of the followings is the recent decline in Industrial production in August 2019?

A. 5.6%
B. 1.1%
C. 2.3%
D. 4.2%

Answer: Option B

Explanation:

Industrial production declines 1.1% in August 2019, lowest growth in seven years.

70. 

Who will head the Inter-Ministerial Co-ordination Committee (IMCC), which is formed to check money laundering activities?

A. Subhash Chandra Garg
B. Ajay Bhushan Pandey
C. Hasmukh Adhia
D. Ajay Narayan Jha

Answer: Option B

Explanation:

The 19-member Inter-Ministerial Co-ordination Committee (IMCC) has been set up under Ajay Bhushan Pandey and law enforcement agencies to prevent money laundering activities.