Current Affairs - Economy

Exercise : Economy - Latest Current Affairs
  • Economy - Latest Current Affairs
116.
India contributed how many million to United Nations Relief and Works Agency for Palestine Refugees?
USD 4.5
USD 1.5
USD 3.5
USD 2.5
Answer: Option
Explanation:
The United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) has expressed "deep appreciation" for India's contribution of USD 2.5 million.

117.
India's bio-economy is expected to touch how many billions by 2025?
USD 250
USD 150
USD 200
USD 100
Answer: Option
Explanation:
India's bio-economy is likely to touch USD 150 billion by 2025 and USD 300 billion by 2030, as per the India Bio-Economy Report 2022 released.

118.
India's forex reserves fell to USD 572.7 billion as of 15 July 2022, the lowest in over which months?
20 Months
5 Months
15 Months
10 Months
Answer: Option
Explanation:
India's foreign exchange reserves fell to their lowest in over 20 months as the central bank stepped up its intervention to protect the rupee from tumbling past 80 a dollar.

119.
How much percent GST will be levied on pre-packaged and labelled food items?
8%
12%
5%
7%
Answer: Option
Explanation:
Consumers will have to pay 5 per cent GST on pre-packed, labelled food items like atta, paneer and curd with the GST Council's decision coming into force.

120.
Indian Economy is expected to expand by how much in FY 2022-23, as per latest FICCI Survey?
6.8 percent
7 percent
8.4 percent
6 percent
Answer: Option
Explanation:
The Federation of Indian Chambers of Commerce and Industry (FICCI) released its quarterly survey. The Indian economy is expected to expand 7% in fiscal 2022/23, slower than a previous estimate of 7.4% and the central bank's 7.2% projection, according to a survey by India's leading industry body.