Current Affairs

GK MCQs Section

Page-4 of Topic: Inflation

COVID-19: Hike in Dearness Allowance for the year 2021 put on hold

The Government of India on April 23, 2020, put on hold to the hike in dearness allowance. This is being done by the union government to save Rs...

April 24, 2020

RBI: CPI Inflation to ease from 4.8% to 4.4% in Q2

On April 9, 2020, the Reserve Bank of India projected that the consumer Price Index is to ease from 4.8% in Q1 to 4.4% in Q2 of the...

April 9, 2020

FICCI study on Onion Price Rise: India should follow Israel, Brazil

India is witnessing price hikes in retail onion up to Rs 100 per kg currently in November 2019. Government had introduced the TOP-Tomato Onion Potato Scheme in 2018-19...

November 9, 2019

Ind-Ra lowers India’s GDP growth forecast in 2019-20 to 6.1% from 6.7% in August 2019

India Ratings and Research (Ind-Ra), a part of Fitch group has lowered India’s gross domestic product (GDP) forecast for financial year (FY) 2019-20 to 6.1%. This was second...

October 11, 2019

5% additional Dearness Allowance approved

Additional installment of Dearness Allowance and Dearness Relief was approved by the Union Cabinet on October 9, 2019. According to the approval, the central government employees are provided...

October 10, 2019

Reserve Bank of India (RBI) cuts its key lending rate

As per 4th bi – monthly Monetary Policy Statement for 2019-20, the Reserve Bank of India (RBI) has cut  its key lending rate — repo rate – by...

October 4, 2019

Abdalla Hamdok takes charge as new Prime Minister of Sudan

Prominent economist Abdalla Hamdok has taken charge as the new Prime Minister of Sudan and vowed to work towards ending the country’s economic crisis and establishing peace. In...

August 24, 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

Goldman Sachs lists challenges for Indian Economy

The international financial conglomerate Goldman Sachs has listed weak investment and muted monetary transmission as two of the greatest challenges for the Indian Economy. What has happened? The...

August 17, 2019

How India can be a USD 5 trillion economy?

While Prime Minister Narendra Modi has promised to make India a USD 5 trillion economy by 2025, significant challenges still stand in way of India and its goal....

August 8, 2019

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