Current Affairs

GK MCQs Section

Topic: Recession

India Venture Capital Report 2023: Important Findings

Bain & Company’s annual India Venture Capital Report 2023 reveals that venture capital investments in India saw a decrease in deal value of 33% from $38.5 billion to...

March 16, 2023

YouGov report on Disposable Income

YouGov is an international data analytics firm. It is based in the UK. The org recently released a report on disposable income. The income that remains with the...

February 9, 2023

UN World Economic Situation and Prospects 2023 Report

Ukraine – Russia war is creating energy crises, increasing inflation, and causing debt issues all over the world. Amidst these conditions and climate emergencies, the United Nations Department...

January 26, 2023

CEBR Forecast on Indian Economy

In its annual ‘World Economic League Table’, the London-based Centre for Economics and Business Research (CEBR) predicted that India will become the third economic superpower by 2037. About...

December 27, 2022

COVID-19: Fifth Recession of India

Since Independence in 1947, India has faced four recessions. According to Reserve Bank of India (RBI), the recessions occurred in 1958, 1966, 1973 and 1980. Highlights Recession is...

June 16, 2020

Federation of Indian Export Organization: Indian Exports to fall by 20%

On May 19, 2020, the Federation of Indian Export Organization reported that the Indian Exports are to fall by 20%. This according to the organization will amount to...

May 20, 2020

Extraordinary G20 Trade and Investment Ministerial Meet

On March 31, 2020, the “Extraordinary G20 Trade and Investment Ministerial Virtual Meet” was held through video conferencing. The Union Commerce Minister Piyush Goyal represented India at the...

March 31, 2020

United Nations: India and China likely to stay away from Global Recessions

The United Nations Conference on Trade and Development (UNCTAD) made a new analysis under the title “The COVID-19 Shock to Developing Countries”. Highlights The analysis says that leading...

March 31, 2020

Lack of domestic demand is holding back animal spirits in economy

In its annual report for 2018-19, the Reserve Bank of India (RBI) has stated that the lack of domestic demand is holding back the animal spirits in the...

August 30, 2019

Looming Global Economic Slowdown leads to a recession

As per a report put out by Morgan Stanley, which is one of the world’s leading global financial firms, the world economy appears to be heading towards a...

August 13, 2019

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