Current Affairs

GK MCQs Section

Topic: National accounts

CSO proposes to replace GDP base year

The Central Statistics Office (CSO) proposes to replace the gross domestic product (GDP) series of 2011-12 base year with a new set of National Accounts using 2017-18 as...

November 13, 2019

Why the Economic Slowdown is taking place?

The release of the first-quarter data for the financial year 2020 came as a rude surprise to economists and policy planners in the country. Due to a fall...

September 3, 2019

Debate over India’s GDP Numbers

The Central Statistics Office (CSO) introduced a new series of National Account Statistics in 2015. The important changes made in the new series included the change in base...

August 13, 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

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

Ravindra H Dholakia committee constituted by Union Government to upgrade norms for state & district level economic data collection

The Union government has constituted a committee a 13-member committee to upgrade the norms for computation of economic data at states and districts level in the backdrop of...

July 1, 2018

Government approves ordinance on Payment of Wages Act

The union cabinet has approved the ordinance on Payment of Wages Act that relates to the payment of wages. The ordinance facilitates central government administered establishments to pay...

December 21, 2016

GDP grows at 7.3% in September quarter

The Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation has come up with the Gross Domestic Product (GDP) estimates for the second quarter (July-September) of 2016-17....

November 30, 2016

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

India’s Balance of Trade

India’s balance of trade (BOT) – the difference between the value of its exports and imports – provides important insights into the country’s economic health and global trading...

May 24, 2009

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