Current Affairs - Economy

Exercise : Economy - Latest Current Affairs
  • Economy - Latest Current Affairs
316.
What is the record-high percentage of women's labour force participation in the second quarter of FY24?
15%
24%
30%
18%
Answer: Option
Explanation:
In the second quarter of FY24, women's labour force participation reached a historic high of 24%, as indicated by official data, marking a positive trend in employment for women.

317.
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.

318.
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.

319.
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.

320.
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.