Current Affairs

GK MCQs Section

Gross Domestic Product (GDP)

World Bank’s Latest Report on Global Economic Prospects

The World Bank has released its latest report on Global Economic Prospects, outlining a slowdown in global growth due to a variety of factors including elevated inflation, higher...

January 12, 2023

World Bank: India’s GDP Forecast- Update

For the fiscal year 2022-23, India’s GDP forecast has been slashed by the World Bank from 8.7 percent to 8 percent. The reason given for the change in...

April 15, 2022

Study: Impact of Humid Heat on Labour

A Duke University study says that the increase in global temperature will affect labour productivity. The increase in temperature will lead to global economic losses of 1.6 trillion...

January 27, 2022

NSO Estimates on FY22 GDP Growth

According to first advance estimates of National Statistical Office (NSO), India’s gross domestic product (GDP) is estimated to grow 9.2% in the financial year 2021-22. What is supporting...

January 8, 2022

Moody’s projection of India’s economic growth

On November 25, 2021, Moody’s Investors Service highlight that, India’s rising vaccination rate, high public spending and low interest rates are driving the positive outlook for corporate sector...

November 26, 2021

IMF’s World Economic Outlook- Highlights

In its World Economic Outlook, which was published on October 12, 2021, International Monetary Fund (IMF) improved its growth forecasts of the Latin American and Caribbean economy in...

October 14, 2021

World Bank Report- Shifting Gears: Digitization and Services-Led Development

As per World Bank’s report titled “Shifting Gears: Digitization and Services-Led Development”, Indian economy is expected to increase by 8.3% in the fiscal year 2021-2022. Key findings of report...

October 8, 2021

NCAER director: India to grow by 10% during current fiscal

As per director of economic think-tank NCAER, Poonam Gupta, the Indian economy is expected to grow by 10 per cent during the financial year 2021-22. Key Points This...

September 13, 2021

ADB approves $150 million loan for T.N. urban poor housing project

On September 3, 2021, Asian Development Bank (ADB) approved a $150 million loan for Tamil Nadu Urban Poor Housing Project. Key Points According to ADB, Tamil Nadu is...

September 8, 2021

India’s GDP growth accelerates to 20.1% in Q1 FY22

According to the data of Ministry of Statistics & Programme Implementation, economic growth of India accelerated to a record high in the quarter through June 2021. Highlights It...

September 1, 2021

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