Current Affairs

GK MCQs Section

Page-34 of GS-III: Economy & Economic Development

India has joined new phase as it joined top outbound FDI club. Examine.

In 2018, India bagged the tenth rank as the largest recipient of FDI. The inflows of FDI have grown by 6 percent. As per the latest World Investment...

September 20, 2023

Examine the India wide trends in Agricultural Credit Outstandings.

As per the information provided by the Reserve Bank of India (RBI) under the Right to Information (RBI) act, the following observations can be made: Nine states have...

September 20, 2023

Do you think that changes are needed in the higher echelons of RBI as no economic policy is forever. Examine this in light of lessons India should learn from Global Macroeconomics.

The Central Bank of any country sits at the top of its financial system and is assigned with the task of maintaining stability in the economy. Central Banks...

September 19, 2023

What are the recommendations of the RBI internal working group (IWG) to review agriculture credit?

The RBI internal working group (IWG) headed by MK Jain, Deputy Governor to review agriculture credit has made the following recommendations: Noting that there is no guarantee scheme available to...

September 19, 2023

What are the findings of the RBI report States Finances: A Study of Budgets of 2019-20?

The RBI report States Finances: A Study of Budgets of 2019-20 makes the following observations: The outstanding debt of states has increased to 25 per cent of Gross...

September 19, 2023

What is a commercial paper? Enumerate the implications of using commercial paper as a source to raise funds.

The ICRA has downgraded the commercial paper of the Dewan Housing Finance Corporation Ltd. to junk grade. About Commercial Paper Commercial Paper is an unsecured money market instrument...

September 18, 2023

Examine the impact of the corporate tax cut on the consumer prices

The Ministry of Finance has acceded to long pending demand to reduce the corporate tax burden by slashing the rates from 30 per cent to 22 per cent....

September 18, 2023

Discuss the options explored by the government to recoup loss from the proposed corporate tax cuts

The reduction in corporate tax rates proposed by the Ministry of Finance is set to cost Rs 1.45 lakh crore annually. In order to compensate for revenue loss due to...

September 17, 2023

Why the often adopted go to measure like loan waiver, increasing MSPs and DBT have failed to provide a holistic measure to address farm distress.

The two main policy interventions repeatedly discussed to tackle farmer distress are loan waivers and minimum support prices (MSP). These policy interventions don’t recognize the fact that farmers...

September 17, 2023

Liberalisation of the Indian economy since 1991 has led to excessive consumerism and over-production of ‘white goods’. Elucidate.

At the end of the first phase of economic liberalisation 1991-2001, the result is economic growth and better availability of goods and services to consumers of India. The...

September 16, 2023

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