Current Affairs - Economy
Exercise : Economy - Latest Current Affairs
- Economy - Latest Current Affairs
221.
What was the provisional increase percentage in the Index of Eight Core Industries (ICI) in February 2024 compared to the same month in 2023?
Answer: Option
Explanation:
The Index of Eight Core Industries (ICI) witnessed a significant 6.7% increase (provisional) in February 2024 compared to the same month in 2023, reflecting positive growth and performance across key sectors contributing to India's industrial production.
Date : 2024-03-29
222.
What is Morgan Stanley's revised GDP growth forecast for India for the financial year 2024-25 (FY25)?
Answer: Option
Explanation:
Morgan Stanley has revised India's GDP growth forecast for FY25 to 6.8%, indicating a positive outlook on India's economic strength and stability. This upward revision reflects optimism about continued growth momentum and economic activities across various sectors.
Date : 2024-03-28
223.
What was India's current account deficit as a percentage of GDP in the October-December quarter?
Answer: Option
Explanation:
India's current account deficit (CAD) narrowed to 1.2% of GDP in the October-December quarter, revised from the earlier estimate of 1.3%. The CAD represents the difference between the country's exports and imports of goods and services, reflecting its trade balance with the rest of the world.
Date : 2024-03-27
224.
According to the Hurun Research Institute Report, how many billionaires does Mumbai have, making it Asia's third billionaire capital after surpassing Beijing?
Answer: Option
Explanation:
Mumbai's 92 billionaires, as reported by the Hurun Research Institute, signify its rise as Asia's third billionaire capital, surpassing Beijing. This milestone underscores India's growing economic influence and highlights Mumbai's prominence in the global wealth landscape.
Date : 2024-03-26
225.
What is S&P Global's forecast for India's GDP growth in FY25?
Answer: Option
Explanation:
S&P Global's forecast for India's GDP growth in FY25 is 6.8%, as per their Q2 2024 report. This forecast is slightly lower than the official projections but reflects cautious optimism and anticipates potential rate cuts to support economic growth.
Date : 2024-03-26
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