Current Affairs

GK MCQs Section

Topic: Economics

India Boosts Agriculture with New Initiatives

The Government of India has recently launched several programs aimed at revitalizing the agriculture sector, which focus on enhancing farm production, increasing farmer incomes, and promoting sustainable practices....

December 11, 2024

Masato Kanda Elected as ADB President

The Asian Development Bank (ADB) has appointed Masato Kanda as its 11th President. His term begins on February 24, 2025, and succeeds Masatsugu Asakawa, who will leave office...

December 2, 2024

ASEAN-India Trade in Goods Agreement (AITIGA)

The ASEAN-India Trade in Goods Agreement (AITIGA) joint committee convened to review the bilateral pact, which indicates a step forward in tariff negotiations. This meeting took place from...

November 25, 2024

G20 Summit 2024

Leaders from the G20 gathered in Rio de Janeiro at the Modern Art Museum where President Luiz Inacio Lula da Silva welcomed them and the summit will continue...

November 19, 2024

Indian Farmers Faced $120 Billion Implicit Tax Due

In 2023 farmers encountered important financial challenges due to government policies. The Organisation for Economic Co-operation and Development (OECD) reported an implicit taxation of $120 billion on Indian...

November 9, 2024

US initiates new anti-dumping duty

The US has initiated new antidumping duty and countervailing duty investigations to determine whether forged steel fittings from India and Korea are being dumped there and to find...

November 15, 2019

Odisha government to partner with MIT-based Abdul Latif Jameel Poverty Action Lab (J-PAL)

The Odisha government has decided to partner with Abdul Latif Jameel Poverty Action Lab (J-PAL) for targeted intervention in a set of social sectors including poorest of the...

November 1, 2019

Abhijit Banerjee wins 2019 Nobel Economics Prize for study on poverty

Indian-American Abhijit Banerjee, his wife Esther Duflo and Michael Kremer have jointly won the 2019 Nobel Economics Prize for their experimental approach to alleviating global poverty. Mr Banerjee...

October 15, 2019

Govt scraps Import Duty on open cell LED TV panel

The Ministry of Finance has withdrawn the import duties on open cell LED panels used in the production of television sets. This is expected to lower the input...

September 19, 2019

Emerging economies more vulnerable to big oil price moves: Nomura report

The Japanese financial services major Nomura has analysed the impact of the twin drone attacks which targeted Abqaiq, the site of the largest oil processing plant run by...

September 18, 2019

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