Current Affairs

GK MCQs Section

Indian banknote demonetisation

Fifth anniversary of Demonetisation- Economic impacts

India is observing the fifth anniversary of demonetisation on November 8, 2021. Demonetisation was announced by Prime Minister...

📅 November 8, 2021

8.80 Million turns out to be ‘stop filers’ in Demonetisation year

Income Tax Returns have seen a upward surge in tax compliance aftermath of demonetisation and GST introduction. However...

📅 April 5, 2019

World Bank projects India’s growth rate at 7.3% for 2019 and 7.5% for 2020

The World Bank has projected India’s growth rate at 7.3% for 2019 and 7.5% for 2020. The bank...

📅 April 17, 2018

India’s GDP growth rate forecast for year 2018 is 7.6%

Moody’s Investors Service has recently estimated India’s GDP growth forecast for year 2018 & 2019. In it, it...

📅 February 28, 2018

CII: India’s growth rate to fall due to demonetisation

India’s economic growth is slated to fall significantly in the second half of the current fiscal due to...

📅 December 15, 2016

India first nation to subsidize online payments

India has become the first country in the world to subsidise the use of digital cash after the...

📅 December 14, 2016

RBI revises Market Stabilisation Scheme (MSS), raises ceiling to Rs. 6L crore

In a major move to deal with extra liquidity created in the system due to the demonetisation drive,...

📅 December 3, 2016

Union Cabinet approved proposal to levy 60% deduction on accounted deposits

The Union Cabinet has approved a proposal to levy close to 60% deduction on unaccounted deposits in banks...

📅 November 25, 2016

Bharat Bandh on Nov 28 against demonetisation

United Opposition consisting of major political parties like Congress, Trinamool Congress, and the BSP have given a call...

📅 November 23, 2016

Government denies intentions to demonetise 100 and 50 rupee notes

The union government has categorically said that it has no intention to demonetise Rs 100 and Rs 50...

📅 November 17, 2016

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