Current Affairs

GK MCQs Section

Page-5 of Indian Economy

RBI rejects Lakshmi Vilas Bank-Indiabulls Housing Finance merger plan

The Reserve Bank of India (RBI) rejected the merger proposal between Lakshmi Vilas Bank and mortgage lender Indiabulls Housing Finance Limited. If the RBI would have approved the...

October 10, 2019

Merger of the 10 Public Sector Banks

In a slew of measures announced by the Finance Minister of India, Nirmala Sitharaman on 30th August, 2019, to take the country out of economic doldrums, one particular...

August 31, 2019

RBI’s Surplus Transfer

The Reserve Bank of India has transferred a surplus of Rs. 1.76 lakh crores to the Indian Government. This payment, which is equal to 1.25% of the Indian...

August 31, 2019

Government announces measures to arrest economic downturn

To improve the grim economic situations in India, the Indian finance ministry has announced several measures to arrest the economic downturn in India and promote a healthy investor...

August 24, 2019

Moody predicts the status of the Global Economies

One of the world’s leading financial conglomerates, the Moody corporation’s wing, the Moody’s Investor Services has released its predictions for the economies of the world. What does the...

August 23, 2019

Causes for Fiscal Distress in Rural India

While there have been several media reports about how the precarious fiscal position in Rural India has lead to a slowdown in the FMCG sector of India, causing...

August 23, 2019

Tax Holiday for Startups extended to startups with turnover upto INR 25 crore

In a clarification issued by the Central Board of Direct taxes, a tax holiday has been extended to only those startups with a turnover of INR 25 crore.?...

August 22, 2019

State of Biscuit Makers in India

The hard-hitting Indian economic crisis has also taken a toll on the Biscuit makers in India. What has happened? The Indian Rural economy is in shambles and is...

August 22, 2019

Growing Economy via investments in Infrastructure

It is no surprise that the global economy is about to enter a recession. The economic woes are also high for Indian Economy which is currently going through...

August 22, 2019

Proposed steps by NITI Ayog to slow economic decline in India

The Indian think-tank, the NITI Ayog has declared that the current economic situation in India is unprecedented and nobody had faced this type of a situation in the...

August 22, 2019

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