Current Affairs

GK MCQs Section

Page-31 of GS-III: Economy & Economic Development

Suggest ways and measures to double farmer’s income by 2022.

Doubling of Farmers Income by 2022 is one of the key targets for India. To accomplish this agriculture output must grow at 10.4% annually. But the current agriculture...

October 17, 2023

Indian Financial Sector is facing contagion Risk. Discuss the findings based on the report of S&P Global Ratings

The S&P Global Ratings in its report ‘Indian Financial Sector Braces for Fat Contagion Tail Risk’ has stated that a bank failure could disrupt the inter-bank market, payments,...

October 17, 2023

While India is expected to sustain its growth trajectory it is facing number of developmental challenges. Discuss in the light of the World Bank report.

Ahead of the annual meeting between the World Bank and the International Monetary Fund, the World Bank has made the following observations on the growth trajectory of India:...

October 15, 2023

Examine the causes behind the rate cut proposed by the monetary policy committee headed by the RBI governor.

The Monetary Policy Committee (MPC) has again cut the repo rate by 0.25 percentage points. It was the fifth time since February 2019. The MPC retained the accommodative...

October 14, 2023

Why is the government of India building a new airport in Jewar, Uttar Pradesh? And how can the Airport help the region of western Uttar Pradesh and North India as a whole?

The Swiss have won the race to build a second airport for Delhi-NCR. Located on the outskirts of Delhi in Jewar.  The Swiss company ( Zurich Airport International...

October 14, 2023

What are the findings of the Niti Aayog study on new direct benefit scheme for fertilizers?

Under the new scheme, the subsidy on various fertilizer grades is released to the fertilizer companies, on the basis of actual sales made by the retailers to the...

October 13, 2023

Similar to PM-KISAN several states have come out with the farm income support scheme. Discuss the various Farm Income support scheme initiated by various state governments.

In the interim budget, the Union government had announced the PM-KISAN scheme to provide a direct transfer of 6000 for farmers in three instalments of Rs 2,000 each....

October 12, 2023

How the policy flip-flops will adversely affect the renewable energy targets?

A report by Crisil makes the following observations: India is likely to miss the renewable energy target of 175 GW by 2022 owing to regulatory challenges, policy flip-flops...

October 11, 2023

Poultry Sector has organized itself into an organized business. But this development is highly skewed. Comment

Over the years India’s poultry sector has transformed itself from a supplementary backyard activity to a highly organised farming business as: Over 80% of egg and poultry meat...

October 11, 2023

It is said that the world is heading towards another economic slowdown after the 2008 financial crisis. Examine the trends in economic growth across advanced and emerging economies.

The data on the world economy, trade and capital flows suggest that the world economy is on the edge of a recession. World GDP which was at 3.8...

October 11, 2023

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