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Current Affairs

GK MCQs Section

Page-2 of Topic: Economies

Pradeep Kumar Sinha committee formed by GST Council to select members of National Anti-profiteering Authority (NAPA) under GST

The Goods and Service Tax (GST) Council has formed a selection committee under the chairmanship of cabinet secretary Pradeep Kumar Sinha to identify and recommend eligible persons for...

July 27, 2017

India, UK sign three advance pricing pacts

India’s Central Board of Direct Taxes (CBDT) and the UK have signed three Bilateral Advance Pricing Agreements (B- APAs) taking the total number of APAs concluded between India...

November 19, 2016

Govt to shrink sensitive list to make SAFTA work, improve Pak ties

To improve relations with Pakistan, India is likely to cut the peak tariff rate to 5 % within three years. The Union Cabinet might allow a diminution in...

August 23, 2012

Prime Minister constitutes committee to review taxation of development centres & IT sector

To review taxation of development centres and IT sector a committee has been established by the Prime Minister Dr Manmohan Singh. The Committee will function in consultations with...

July 31, 2012

Tamil Nadu draws FDI faster, states study

As per a latest study, Tamil Nadu has left behind states like Gujarat and Andhra Pradesh in attracting Foreign Direct Investment (FDI). The state has attracted investments of...

July 16, 2012

New Service Tax regime comes into force

A new service tax regime has come into force. All services, except 38 services in the negative list, will now attract 12% service tax. The government has also...

July 3, 2012

India losing Fiscal Deficit Targets

India’s fiscal deficit reached almost 71% of its full-year target in the first half of the year, casting doubts over its ability to meet budget goals as central...

December 28, 2011    Government Schemes Current Affairs

India-Iran: Settled to set a Mechanism for Payment of Crude Oil

India and Iran settled to set up a mechanism for payment of crude oil. The mechanism covers the payment to Indian exporters and a few other domains. In...

December 7, 2011

SAFTA →Current Position & Issues

Discuss the role of SAFTA in regional trade cooperation. What are the issues & hurdles for its full Operationalisation? SAFTA refers to the “Agreement on South Asian Free...

November 30, 2011

SAFTA →Role in Regional Trade Cooperation, Current Position & Issues

Discuss the role of SAFTA in regional trade cooperation. What are the issues & hurdles for its full Operationalisation? SAFTA refers to the “Agreement on South Asian Free...

November 9, 2011

Union Budget 2010-11

India’s finance minister Pranab Mukherjee unveiled the Union Budget 2010-11 on Friday, February 26, 2010.Budget is not just a statement of Government accounts, but it reflects the Government’s...

March 5, 2010    Government Schemes Current Affairs

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