Current Affairs

GK MCQs Section

Topic: Economic Slowdown

IMF’s Regional Economic Outlook

According to the International Monetary Fund’s (IMF) Regional Economic Outlook, economies across the Middle East and Central Asia are likely to slow down this year due to persistently...

May 9, 2023

IMF World Economic Outlook- Update

The International Monetary Fund (IMF) released its World Economic Outlook on January 25, 2022. Key Findings of the report As per report, Global economic growth will decrease by...

January 26, 2022

Migration and Development Brief Report of World Bank: Key Facts

On October 30, 2020, the World Bank released the migration and development brief report. According to the report the remittances of India will fall by 9% by the...

October 31, 2020

World Economic Outlook: Key Facts

The International Monetary Fund has recently launched the World Economic Outlook 2020. The report has been titled “A Long and Difficult Ascent”. It is launched twice a year....

October 15, 2020

Supreme Court: Overtime Wages should not be denied to labourers during COVID-19

On October 1, 2020, the Supreme Court quashed the notification of Gujarat Government to exempt factories from paying overtime wages to workers. The apex court said that the...

October 2, 2020

ADB: Asian Economy to shrink for First Time since 1960s

The Asian Development Bank have predicted that the Asian economy will shrink for the first time since the early 1960s amid the COVID-19 Pandemic. The report states that...

September 15, 2020

Moody’s revises estimate of India’s Growth

Global rating agency Moody’s has revised its forecast of India’s growth. It has estimated a double-digit contraction to be at 11.5% during the current fiscal year. Key Facts...

September 12, 2020

Indian Economy to Shrink by 9.5% in FY 2020-2021: ICRA

The credit rating agency, ICRA, has predicted that the Indian economy will see a major slowdown in the current fiscal and it is expected to contract by around...

July 16, 2020

AIIB to finance 500 million USD projects to strengthen National Health Care Systems

The Asian Infrastructure Investment Bank is to finance 500 million USD projects in India to help the country improve its health care systems. AIIB is currently doubling its...

April 17, 2020

United Nations predict India’s GDP at 4.8%

On April 9, 2020, the United Nations released a report on Economic and Social Survey of Asia and Pacific (ESCAP), 2020. Highlights According to the report, the economic...

April 9, 2020

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