Current Affairs

GK MCQs Section

Page-7 of Topic: Economic growth

Three Schemes launched to boost Electronic Manufacturing Sector

The Government of India has launched three incentive schemes to boost electronics manufacturing in the country. The scheme will provide incentives of 4% to 6% when a company...

April 4, 2020

IMF: Recession due to COVID-19 to be worse than 2009

On March 24, 2020, the International Monetary Fund announced that the recession to be caused due to Corona Virus is to be worse than the 2009. IMF has...

March 24, 2020

S&P Global Ratings lowered India’s economic growth forecast to 5.2% for 2020

S&P Global Ratings lowered India’s economic growth forecast to 5.2 per cent for the year 2020. The rating agency had earlier predicted the growth rate of 5.7% for...

March 19, 2020

Corona Virus: US Federal Reserve reduces interest rate to 0%

On February 16, 2020, the United States Reserve Bank announced that the key interest rates are to be slashed to 0% to 0.25%. This is being done in...

March 16, 2020

UNCTAD: FDI inflows are to drop by 15% due to Corona Virus

The United Nations Conference on Trade, Investment and Development has warned that the Foreign Direct Investment flows all over the world will reduce by 15% due to Corona...

March 10, 2020

Corona Virus hits Diamond Industry of Surat greatly

Workers in Diamond Industry of India, especially in the parts of Surat have been facing job losses and pay cuts as Corona Virus has hit exports to China....

March 10, 2020

Moody’s revises India’s growth projections to 5.3% for 2020

Global rating agency Moody’s Investors Service has revised downward its growth projections for India to 5.3% for 2020 from its earlier projection earlier this month-5.4%. The latest revision...

March 10, 2020

World Productivity Congress in India after 45 years of gap

The World Productivity Congress has been conducted by the World Confederation of Productivity Science since 1969. It was last held in India in 1974. The Congress is held...

February 29, 2020

CSO releases GDP growth data for third quarter of FY20

The Central Statistics Office (CSO) recently released the GDP growth data for the October-December quarter of 2019 (third quarter of FY20). It said the GDP growth was 4.7 per cent...

February 29, 2020

NITI Aayog launches Artificial Intelligence Modules in Schools

The GoI think tank NITI Aayog joined hands with the National Association of Software and Services (NASSCOM) and launched the Artificial Intelligence module for school students. The NITI...

February 28, 2020

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