Current Affairs - Economy

Exercise : Economy - Latest Current Affairs
  • Economy - Latest Current Affairs
151.
What was the percentage increase in India's electronics exports in FY24 compared to the previous year?
15.2%
18.7%
21.4%
23.6%
Answer: Option
Explanation:
India's electronics exports surged by 23.6% in FY24, reaching $29.12 billion, which is a significant increase compared to the previous year's figures. This growth demonstrates the positive trajectory and competitiveness of India's electronics industry in the global market.

152.
What is the revised GDP growth forecast for India for 2024-25 according to the IMF?
6.8%
7.8%
6.5%
7.1%
Answer: Option
Explanation:
The IMF has revised India's GDP growth forecast for 2024-25 to 6.8%, citing robust domestic demand as a key factor driving this upward revision. This reflects the IMF's confidence in India's economic resilience and potential for growth despite global challenges.

153.
What was India's merchandise trade deficit for the fiscal year 2023-24?
$189.55 billion
$410.68 billion
$571.28 billion
$240.2 billion
Answer: Option
Explanation:
India's merchandise trade deficit for FY23-24 reached $240.2 billion, representing a notable reduction and marking an 11-month low in trade deficit.

154.
What was the inflation rate in India's Wholesale Price Index (WPI) for March 2024?
0.94%
0.61%
0.53%
0.21%
Answer: Option
Explanation:
In March 2024, India's Wholesale Price Index (WPI) recorded a 0.53% inflation rate, driven by price increases in various sectors such as food, electricity, petroleum, machinery, and manufacturing.

155.
What is the milestone achieved by the Bombay Stock Exchange (BSE) market capitalization?
₹200-lakh crore
₹400-lakh crore
₹600-lakh crore
₹800-lakh crore
Answer: Option
Explanation:
The Bombay Stock Exchange (BSE) as its combined market capitalization reached ₹400-lakh crore for the first time. This reflects the growing valuation and strength of the BSE in the financial market, showcasing a substantial increase from previous milestones like ₹200-lakh crore.