Page-5 of Economic growth
NSO’s GDP Forecast- Highlights
The National Statistical Office (NSO) recently released its data on the Gross Domestic Product (GDP) for the financial year 2021. Key Facts As per the NSO, the Indian economy will be expanded by 0.4% in the December quarter. Thus, with ..
Month: Current Affairs - February, 2021
World Economic Outlook, 2021
Recently, the International Monetary Fund (IMF) has released the “World Economic Outlook, 2021” report. Key Findings of report The report highlights that, India will witness the strongest growth among the main economies. India’s economy will expand by 11.5 percent in ..
Month: Current Affairs - January, 2021
Global Economic Prospects Report
The World Bank recently released the Global Economic Prospects report. What are the key findings of the Global Economic Prospects report? According to the report the Indian economy is to contract by 9.6% in 2020-21. The Indian economy is to ..
Month: Current Affairs - January, 2021
Asian Development Outlook
The Asian Development Bank recently released the Asian Development Outlook. Under its outlook, the Asian Development Bank projected that Indian economy is to contract by – 8% in the fiscal year 2020-21. Earlier it was estimated by the bank that ..
Month: Current Affairs - December, 2020
What is V-Shaped Recovery?
A V-shaped recovery is a type of economic recession and recovery that resembles the shape of alphabet V in charting. A V-shaped recovery involves a sharp revival of the economy to the previous peak after a sharp decline. The Finance ..
Month: Current Affairs - December, 2020
RBI Monetary Policy Committee Meeting: Key Highlights
The RBI recently held its Monetary Policy Committee meet. During the meet, the Reserve Bank of India has kept the repo rate unchanged at 4%. Repo rate is the rate at which RBI lends to banks. The Reverse Repo Rate ..