Current Affairs - Economy

Exercise : Economy - Latest Current Affairs
  • Economy - Latest Current Affairs
326.
Which Indian state has retained the 'Achiever' status in the Logistics Ease Across Different States (LEADS) 2023 rankings?
Tamil Nadu
Andhra Pradesh
Maharashtra
Gujarat
Answer: Option
Explanation:
Tamil Nadu has secured the 'Achiever' status in the LEADS 2023 rankings, highlighting its impressive performance in the export-import ecosystem for the second consecutive time.

327.
What is the current share of agriculture in India's Gross Domestic Product (GDP) as per recent government data?
35%
15%
25%
20%
Answer: Option
Explanation:
Recent government data indicates a decline in India's agriculture GDP share from 35% in 1990-91 to 15% in the fiscal year 2022-23, primarily due to the rapid growth of the industrial and service sectors during this period.

328.
Which organization collaborated with the Government of India in signing a $250 million policy-based loan for Industrial Corridor Development?
World Bank
Asian Development Bank
International Monetary Fund
New Development Bank
Answer: Option
Explanation:
The Government of India collaborated with the Asian Development Bank (ADB) in signing a $250 million policy-based loan for Industrial Corridor Development.

329.
What is the revised growth projection by the Asian Development Bank (ADB) for India in the financial year FY24?
6.2%
6.7%
7.2%
7.6%
Answer: Option
Explanation:
The Asian Development Bank (ADB) has increased India's growth projection for FY24 to 6.7%, attributing it to a robust 7.6% GDP growth in the second quarter, surpassing expectations.

330.
Which Indian state's delegation is heading to Switzerland for the World Economic Forum to showcase its vision of becoming a trillion-dollar economy?
Uttar Pradesh
Maharashtra
Karnataka
Tamil Nadu
Answer: Option
Explanation:
A high-level delegation from Uttar Pradesh is set to participate in the World Economic Forum meeting in Switzerland, scheduled from January 15 to 19. The delegation aims to showcase the state’s strides towards becoming a trillion-dollar economy and transforming metropolitan towns into focal points across various sectors.