indian economy questions and answers for competitive exams

Economic affairs of india questions and answers

economic affairs of india questions and answers

What is India’s rank on the World Competitiveness Index, 2020 ?
43rd rank

Who has been named the new chairman of the National Institute of Public Finance and Policy (NIPFP) ?
Former RBI Governor Urjit Patel

Which states have emerged on top of the FSSAI’s Food Safety Index for 2019-20 in large states category ?
Gujarat, Maharashtra and Tamil Nadu

The Union Cabinet has accorded the international airport status to an airport at a Buddhist holy place named
Kushinagar (Uttar Pradesh)

Who has been named EY World Entrepreneur of the year 2020 ?
Kiran Mazumdar Shaw

Who is the new President of Confederation of Indian Industry (CII) ?
Uday Kotak

Kudankulam Nuclear Energy Plant in Tamil Nadu has been set up with the assistance of
Russia

Fiscal policy doesn’t deal with
Credit expansion and contraction

‘Repo rate’ and ‘Reverse repo rate’ are tagged with a difference which is
25 bps

‘Namma Metro’ is the name of a metro rail service in
Bengaluru

Indian Railways started operation of the third corporate passenger train connecting religious places

of Madhya Pradesh and Uttar Pradesh, the name of the train is

—Kashi Mahakal Express

The Union Cabinet gave its in-principle nod for setting up a new major port in Maharashtra at

—Vadhavan

Which Indian State emerged on top of the first ever index on land records in 2020 ?

—Madhya Pradesh

Devaluation of Currency will be more beneficial if

—Prices of exports remain constant

An instrument of qualitative credit control is

—Credit Rationing

Standing deposit facility scheme, which was laun- che d i n 2018 , empower s RB I t o

—Absorb surplus liquidity in banking system

Wholesale Price Index in India is released periodi- cally by

—Office of Economic Advisor(OEA), Department of Industrial Policy and Promotio n

Foreign Exchange reserves in India are managed by

—Reserve Bank of India

Increase in net RBI credit for Central government represents

—Monetised Deficit

India’s first payments bank was launched by

—Airtel

Who became the FICCI President for 2019-20 ?

—Dr. Sangita Reddy

What is India’s rank on the UNDP’s Human Development Index, 2019 ?

—129th rank

What is India’s rank on the WEF’s Gender Gap Report, 2020 ?

—112th rank

What is the total forest cover in India as per India State of Forest Report, 2019 ?

—7, 12, 249 sq. km

Which State retained its top position in terms of development on NITI Aayog’s SDG India Index, 2019 ?

—Kerala

What is the full form of EPCG ?

—Export Promotion Capital Goods

Who determines the minimum support price in India for crops ?

—The Commission for Agricultural Costs and Prices

National Consumer Day is observed on

—December 24

Where is the headquarters of the Insurance Regulatory and Development Authority (IRDA) ?

—Hyderabad

 

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