Current Affairs - Economy

Exercise : Economy - Latest Current Affairs
  • Economy - Latest Current Affairs
111.
What percentage of stake has Life Insurance Corporation (LIC) acquired in Jio Financial Services (JFSL) recently?
6.7%
10%
5%
20%
Answer: Option
Explanation:
Life Insurance Corporation (LIC) has announced its acquisition of a 6.7% stake in Jio Financial Services (JFSL), a non-banking financial services unit that emerged from the conglomerate helmed by Mukesh Ambani – Reliance Industries.

112.
What percentage of Jan Dhan accounts are owned by women?
56 Percent
58 Percent
54 Percent
44 Percent
Answer: Option
Explanation:
56% of Jan Dhan accounts are owned by women. The significant milestone achieved is reaching 50 crore Jan Dhan accounts within 9 years. The cumulative deposits have exceeded ₹2.03 lakh crore

113.
According to Crisil, what is the projected GDP growth rate for India in fiscal year 2024?
6.5%
7%
8%
6%
Answer: Option
Explanation:
Crisil, a prominent rating agency, anticipates India’s gross domestic product (GDP) growth to reach 6% in the fiscal year 2024.

114.
What was the percentage increase in credit card defaults from March 2022 to March 2023 according to data provided by RBI?
3.0%
1.0%
2.5%
1.94%
Answer: Option
Explanation:
Credit card default rose to Rs 4,072 crore or 1.94% at the end of March 2023. As per the inputs received from RBI, in respect of defaults in credit cards, the gross non-performing assets in credit cards were Rs 3,122 crore in March-2022.

115.
What is the projected increase in India's per capita income by FY47 according to a recent study conducted by SBI Research economists?
7.5 times
9.5 times
10 times
12 times
Answer: Option
Explanation:
Recent study conducted by SBI Research economists is projecting a remarkable increase in per capita income. The study suggests that India’s per capita income is poised to surge by 7.5 times, from Rs 2 lakh ($2,500) in FY23 to Rs 14.9 lakh ($12,400) per annum by FY47.