Current Affairs - Economy

Exercise : Economy - Latest Current Affairs
  • Economy - Latest Current Affairs
346.
The National Payments Corporation of India in November 2022 proposed what percent volume cap for third-party app providers in a bid to avoid concentration risk?
15%
50%
20%
30%
Answer: Option
Explanation:
National Payments Corporation of India (NPCI) is in talks with the Reserve Bank on the implementation of its proposed December 31 deadline for limiting the volume cap of players to 30 per cent.

347.
What is the rate of retail inflation recorded in India in October 2022?
7%
7.41%
6.77%
7.79%
Answer: Option
Explanation:
India's retail inflation, based on the consumer price index (CPI), eased sharply to 6.77 percent on an annual basis in October from 7.41 percent in September 2022.

348.
According to data released by the commerce ministry, India's exports will dip by how much percent to $29.78 billion in October 2022?
17%
14%
21%
5%
Answer: Option
Explanation:
India's exports dip 17% to $29.78 billion in October 2022.

349.
What percentage of India's economic growth has been estimated by Moody's for 2022?
7%
5.8%
7.4%
11%
Answer: Option
Explanation:
Moody's Investors Service lowered India's economic growth projection for 2022 to 7% from 7.7% earlier.

350.
LIC has increased its shareholding in Voltas by buying an additional 2 per cent stake by acquiring shares worth how much through open market transactions?
Rs. 535 crore
Rs. 635 crore
Rs. 935 crore
Rs. 735 crore
Answer: Option
Explanation:
LIC buys an additional stake in Voltas for Rs 635 crore. Life Insurance Corporation of India (LIC) has increased its shareholding in Voltas by buying an additional 2 per cent stake.