IndiaBIX

Current Affairs - Economy

Exercise : Economy - Latest Current Affairs
  • Economy - Latest Current Affairs
276.
What was the growth rate of India's economy in the second quarter of the fiscal year 2023-24 (Q2FY24)?
5.2%
6.8%
7.6%
8.2%
Answer: Option
Explanation:
India's economy exhibited remarkable resilience, posting a robust growth rate of 7.6% in the second quarter of the fiscal year 2023-24 (Q2FY24), surpassing projections and positioning India as the fastest-growing major economy globally.
Date : 2023-12-01
277.
According to the OECD, what are the projected growth rates for India's economy in fiscal years FY24 and FY25, respectively?
6.3% and 6.1%
6.7% and 6.3%
5.9% and 6.3%
6.3% and 7.2%
Answer: Option
Explanation:
The OECD forecasts India's economy to grow at 6.3% in FY24 and further slow down to 6.1% in FY25, citing adverse weather and global economic challenges as contributing factors.
Date : 2023-11-30
278.
What initiative is the Directorate General of Foreign Trade (DGFT) collaborating on with e-commerce players to boost e-commerce exports and empower MSMEs in India?
Districts as Export Hubs
E-commerce Empowerment Scheme
MSME Export Promotion
National E-commerce Boost
Answer: Option
Explanation:
The DGFT is collaborating with e-commerce players to leverage the "Districts as Export Hubs" initiative, aiming to boost e-commerce exports and empower MSMEs across India.
Date : 2023-11-24
279.
What is the percentage decline in new subscribers, as per EPFO data, during the first half of the fiscal year 2023-24?
5%
8%
10%
12%
Answer: Option
Explanation:
EPFO data indicates a significant 10.1% decline in new subscribers during the Apr-Sep period of the fiscal year 2023-24, reflecting a slowdown in formal job creation in India.
Date : 2023-11-23
280.
What contraction percentage did foreign direct equity investments in India witnessed during the initial six months of the financial year 2023-24?
15% Contraction
18% Contraction
24% Contraction
30% Contraction
Answer: Option
Explanation:
Foreign direct equity investments in India experienced a significant contraction, declining by 24% to $20.5 billion during the first half of the financial year 2023-24. This reflects a larger trend of diminishing FDI inflows over the past year.
Date : 2023-11-22
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