IndiaBIX

Current Affairs - Economy

Exercise : Economy - Latest Current Affairs
  • Economy - Latest Current Affairs
331.
What percentage of the annual target for the fiscal year 2023-24 did India's fiscal deficit reach in the first four months?
33.9%
25.5%
41.2%
18.6%
Answer: Option
Explanation:
India's fiscal deficit for the first four months of the fiscal year 2023-24 reached 33.9% of the annual target.
Date : 2023-09-01
332.
What was India's GDP growth rate in the April-June quarter of 2023-24?
6.1%
7.8%
8.6%
9.1%
Answer: Option
Explanation:
India's GDP growth rate in the April-June quarter of 2023-24 was 7.8%.
Date : 2023-09-01
333.
What was the year-on-year growth rate of the All-India House Price Index (HPI) in Q1FY24?
3.4%
4.5%
5.1%
6.7%
Answer: Option
Explanation:
The Reserve Bank of India (RBI) has reported that the year-on-year growth rate of the All-India House Price Index (HPI) in Q1FY24 was 5.1%. This is up from 3.4% in the previous year.
Date : 2023-09-01
334.
What is Moody's revised GDP growth forecast for India in 2023?
5.5%
6.1%
6.5%
6.7%
Answer: Option
Explanation:
Moody's Investor Service, a prominent global rating agency, has delivered an optimistic assessment of India's economic prospects in 2023. In a significant adjustment, the agency has raised its projection for India's Gross Domestic Product (GDP) growth to 6.7%, marking a substantial increase from its earlier estimate of 5.5%.
Date : 2023-09-01
335.
What is the total FDI inflow into India during the first quarter of the fiscal year 2023-24?
$34.94 billion
$10.94 billion
$16.58 billion
$25.50 billion
Answer: Option
Explanation:
The latest government data reveals a noteworthy decline in FDI inflows into India during the first quarter of the fiscal year 2023-24. The decline, amounting to 34%, saw FDI plummet to $10.94 billion from $16.58 billion in the same period of the previous fiscal year.
Date : 2023-08-29
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