Current Affairs - Economy - Discussion
Discussion Forum : Economy - Latest Current Affairs (Q.No. 36)
36.
What was India’s Business Confidence Index (BCI) in April–June 2024–25 according to NCAER’s Business Expectations Survey?
Answer: Option
Explanation:
India’s Business Confidence Index (BCI) reached 149.4 in April–June 2024–25, marking a notable rise from 139.3 in the previous quarter. This data, sourced from the National Council of Applied Economic Research (NCAER) Business Expectations Survey, is based on four core components assessing various aspects of business sentiment. Over 60% of respondents expressed positive views across all measured areas, reflecting a broad-based improvement in outlook. The increase in the BCI suggests growing optimism in the Indian business environment, likely driven by favourable economic conditions, policy support, and improved market expectations across sectors.
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