According to the US-based rating agency – Moody’s quarterly Global Macro Outlook, Indian economy is expected to grow at_______ per cent in 2019 and 2020?
According to Moody’s, Indian economy is expected to grow at 7.3 percent in the calendar year 2019 and 2020, and the government spending announced ahead of elections this year which will support near-term growth. Moody’s stated in its quarterly Global Macro Outlook for 2019 and 2020. In 2018-19 fiscal, ending March 2019, Indian economy is estimated to have grown 7 percent, lower than 7.2 percent in 2017-18.
Who has been appointed as non-executive chairman of Bank of Baroda?
Former Finance Secretary Hasmukh Adhia was appointed as non-executive chairman of Bank of Baroda. The Appointments Committee of the Cabinet has approved his appointment as the part-time non-official director as well as non-executive chairman on the board of Bank of Baroda for a period of three years. Adhia, a 1981-batch IAS officer of Gujarat cadre, superannuated on November 30 last year. He last served as the Finance Secretary.
The Centre and the Asian Development Bank (ADB) have signed __________ loan agreement to operationalize two lines of the Mumbai Metro Rail System.
920 Million Dollar
940 Million Dollar
925 Million Dollar
926 Million Dollar
924 Million Dollar
The Centre and the Asian Development Bank (ADB) have signed a 926 million dollar loan agreement to operationalize two lines of the Mumbai Metro Rail System. It is the single largest infrastructure project loan in ADB history approved by the ADB Board. Once operational by the end of 2022, an estimated two million passengers a day will use the two new lines and will travel in improved safety and comfort.
Name the Yojana approved by Cabinet committee on Economic Affairs chaired by PM Modi to provide financial support to integrated Bioethanol projects using lignocellulosic biomass and other renewable feedstock?
Rashtriya Swasthya Bima Yojana
Pradhan Mantri Jan-Aushadhi Yojana
Pradhan Mantri JI-VAN Yojana
Rashtriya Krishi Vikas Yojana
None of these
The Cabinet Committee on Economic Affairs has approved the “Pradhan Mantri JI-VAN (Jaiv Indhan- Vatavaran Anukool fasal awashesh Nivaran) Yojana” under the Ministry of Petroleum & Natural Gas to provide financial support to Integrated Bioethanol Projects using lignocellulosic biomass and other renewable feedstock. The scheme aims to incentivise 2G Ethanol sector and support this nascent industry by creating a suitable ecosystem for setting up commercial projects and increasing Research & Development in this area.
What is the growth rate of India’s Economy for the third Quarter(December) forecasted by the Central Statistics Office (CSO)?
The Central Statistical Office (CSO) has released the data about the GDP for the third quarter. The important facts from the data are: Indian economy decelerated at a faster pace than anticipated in the third quarter of 2018-19 to 6.6%.This was the lowest in five quarters. This increases the possibility of another round of rate cuts by the Reserve Bank of India (RBI) in April to support growth. The full-year growth forecast for the current fiscal year has been revised to 7% from the 7.2% estimated earlier.
Recently a book titled, ‘Mann Ki Baat- A Social Revolution on Radio’ was released by which minister?
A book titled, ‘Mann Ki Baat- A Social Revolution on Radio’ was released by Finance Minister Arun Jaitley in New Delhi. The book is a compendium encompassing 50 editions of the ‘Mann Ki Baat’ programme by Prime Minister Narendra Modi on All India Radio.
The Reserve Bank of India has constituted an eight-member task force on offshore rupee markets, headed by ____________, to look into issues related to the markets and recommend appropriate policy measures to ensure the stability of the external value of the rupee.
Ranjana Prakash Desai
The Reserve Bank of India has constituted an eight-member task force on offshore rupee markets, headed by Usha Thorat former Deputy Governor, to look into issues related to the markets and recommend appropriate policy measures to ensure the stability of the external value of the rupee. The terms of reference of the task force include assessing the causes behind the development of the offshore rupee market; study the effects of the offshore markets on the rupee exchange rate and market liquidity in the domestic market; and recommend measures to address concerns, if any, that may arise out of offshore rupee trading.3/7