Current Affairs

GK MCQs Section

Page-5 of Economy & Banking Current Affairs

Impact of Trump’s ‘Liberation Day’ Tariff

The global trade landscape has dramatically shifted following the announcement of extensive tariffs by US President Donald Trump in April 2025. This new economic strategy aims to protect...

April 4, 2025

Chhattisgarh’s First Supercritical Thermal Power Project

Chhattisgarh State Power Generation Company Limited (CSPGCL) is advancing its energy capabilities with the establishment of the first supercritical thermal power project (SCTPP) in Korba district. This project...

April 3, 2025

India’s External Debt Surge

In December 2024, India’s external debt reached approximately $718 billion. This marked an increase of 10.7 per cent from the previous year. The surge in debt is attributed...

April 1, 2025

Government’s ₹8 Trillion Borrowing Plan for FY26

The Government of India has announced borrowing plan for the first half of the financial year 2025-26. The plan involves raising ₹8 trillion from the market, constituting 54%...

March 29, 2025

Taxation Framework Changes for AIFs

Recently, amendments to the taxation framework for Alternative Investment Funds (AIFs) were proposed in the Finance Bill. These changes aim to clarify the tax treatment of securities held...

March 28, 2025

India BioEconomy Report

The India BioEconomy Report was released recently by the Department of Biotechnology. It revealed that, in 2024, bioeconomy was valued at over $165 billion, contributing more than 4.2%...

March 28, 2025

Discontinuation of Gold Monetisation Scheme

The Government of India has recently decided to discontinue the medium- and long-term components of the Gold Monetisation Scheme (GMS). This decision, effective from March 26, 2025, comes...

March 27, 2025

India Imposes Anti-Dumping Duties to Curb Cheap Chinese Imports

India has recently introduced anti-dumping duties on five products imported from China. This decision aims to protect local industries from unfair competition posed by low-priced imports. What are...

March 25, 2025

Abolition of Equalisation Levy on Online Advertisements

The Government of India proposed the abolition of the Equalisation Levy on online advertisements on March 24, 2025. This move is part of 59 amendments to the Finance...

March 25, 2025

US Access to Indian Market for Key Crops

The United States is keen to enhance its access to the Indian market for three crops – soybean, corn, and cotton. This interest intensified following statements from former...

March 25, 2025

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