Current Affairs

GK MCQs Section

International macroeconomics

US labels China a Currency Manipulator

The US has declared that China as a currency manipulator. The move could further fuel the ongoing trade war between the two countries. The US has alleged that...

August 7, 2019

United States designates China as currency manipulator

The United States has designated China a “currency manipulator”, following the devaluation of the Yuan. The move could escalate the tense trade relations between the two nations. The...

August 6, 2019

US Federal Reserve’s Rate Cut: Impact on India

The United States Federal Reserve has announced a quarter-percentage-point cut in interest rates. This was the first-rate cut in 11 years- the first since the global financial crisis broke...

August 2, 2019

India finds problems OECD Services Trade Restrictiveness Index

India has found problems with the current method under which the OECD index –Services Trade Restrictiveness Index (STRI) – ranks countries based on their services trade policies. As...

May 17, 2019

United Nations Conference on Trade and Development (UNCTAD) has expected India’s economy to grow 7.0% in calendar year 2018 compared with 6.2% in 2017

United Nations Conference on Trade and Development projects India’s economy to grow 7.0% in calendar year 2018 As per the report “Trade and Development”, the effects of demonetization...

October 1, 2018

India ranked at 11th position in Foreign Direct Investment (FDI) Confidence Index 2018

India has been ranked at 11th position in the Foreign Direct Investment (FDI) Confidence Index 2018 of global consultancy firm A T Kearney.  It is the first time...

May 6, 2018

FDI norms for banks eased: DIPP

As per the Department of Industrial Policy and Promotion (DIPP), any kind of corporate debt restructuring or loan restructuring mechanism will not be considered as Foreign Direct Investment...

August 6, 2012

China now relies on American exports

A deteriorating Chinese economy, affected by a further slowdown, has become a cause of concern for the United States officials and the two presidential campaigns, as Chinese companies...

July 22, 2012

G20 concurs to boost infrastructure investment

In a big advantage to India, the G20 countries agreed to give precedence to investment in infrastructure in developing countries in order to fuel global growth which has...

June 21, 2012

1991-like crisis highly improbable: D Subbarao

As per RBI governor D Subbarao, despite high fiscal and current account deficit it is highly improbable that India could witness the replication of the 1991 economic crisis...

June 18, 2012

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