Current Affairs

GK MCQs Section

Page-3 of Topic: Inflation

RBI’s State of the Economy Report – Update (April, 2021)

The Reserve Bank of India recently released the State of Economy Report for the month of April 2021. Key Findings of the Report The resurgence of COVID-19 might...

April 27, 2021

Russia’s central bank increases interest rates

The Central Bank of Russia has increased the interest rate from 4.5% to 5%. Why did the Bank increase the interest rates? This is the second time the...

April 26, 2021

RBI: Inflation Forecast Model Amended

The Reserve Bank of India recently revised its Inflation Forecast Model. The new model will capture how fiscal and monetary policy interact with real economy elements in a...

April 8, 2021

RBI’s State of the Economy Report

The Reserve Bank of India has recently published its State of the Economy Report. The report highlights that, the Indian state refiners’ daily gasoline sales in February 2021...

March 1, 2021

Asian Development Outlook

The Asian Development Bank recently released the Asian Development Outlook. Under its outlook, the Asian Development Bank projected that Indian economy is to contract by – 8% in...

December 11, 2020

What is Repo Rate?

Repo rate is the rate at which the central bank lends money to the commercial banks in case of fund crunch. It is a tool used by the...

December 7, 2020

WPI inflation at 1.48% in October 2020; Increased for third consecutive month

The Wholesale Price Index (WPI) increased to 1.48% in October 2020. This was the highest in the past eight months. Key Highlights The inflation rate based on WPI...

November 17, 2020

India Bans Export of all Varieties of Onion

Government of India have released a notification banning the export of all varieties of onions. The ban has been imposed three months after the central government made changes...

September 15, 2020

Iran: New Currency introduced to tackle Inflation

The Iran Government has recently come up with the decision of changing the name of the its currency to toman. The unit of Iranian currency if Rial. According...

May 7, 2020

India Ratings expects FY21 GDP Growth to be the Lowest in 29 Years

India Ratings recently revised its economic growth estimate for the country to 1.9%- the lowest in nearly 3 decades. Recent Forecasts India Ratings has revised its prediction for...

April 30, 2020

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