logo

CuriousTab

CuriousTab

Discussion


Home Current Affairs Economy Comments

  • Question
  • As per ADB's Asian Development Outlook report, India is the fastest growing economy in Asia with the GDP of __________.


  • Options
  • A. 7.5
  • B. 7.3
  • C. 7.4
  • D. 7.6

  • Correct Answer
  • 7.3 

    Explanation
    As per Asian Development Bank (ADB)'s Asian Development Outlook report India continues to be the fastest growing economy in Asia with projected GDP growth of 7.3 per cent. Growth would accelerate to 7.6 percent in 2019. Growth would be driven by increased public spending, higher capacity utilisation rate and uptick in private investment, reform in the banking sector and tax. China will decelerate to 6.6 per cent in 2018 and further to 6.4 per cent in 2019. Globally, South Asia would be the fastest growing sub-region despite trade tensions with US.

  • Economy problems


    Search Results


    • 1. As per the report of US, which country name is removed from the currency monitoring list?

    • Options
    • A. South Korea
    • B. India
    • C. Switzerland
    • D. Germany
    • Discuss
    • 2. Recently, CBIC launched an app to verify if the person collecting GST from the consumer is eligible to collect it or not. The name of the app is;

    • Options
    • A. GST Verify
    • B. GST Check
    • C. GST Collect
    • D. GST Value
    • Discuss
    • 3. As per the latest report of IMF, what is the growth rate of India for the 2019?

    • Options
    • A. 7.1%
    • B. 7.2%
    • C. 7.3%
    • D. 7.4%
    • Discuss
    • 4. What will be the GDP rate of India for March 2019?

    • Options
    • A. 7.1%
    • B. 7.2%
    • C. 7.3%
    • D. 7.4%
    • Discuss
    • 5. Under which provision did the U.S. revoke the duty free imports on 50 Indian products?

    • Options
    • A. Generalised Goods and Products System (GPS)
    • B. Goods and Services Tax (GST)
    • C. Generalised System of Preferences (GSP)
    • D. Goods and Preferred Supplies (GPS)
    • Discuss
    • 6. Finance Ministry increased interest rates for non-governmental provident funds, gratuity and superannuation on 13th October 2018. The increased interest rate is;

    • Options
    • A. 8%
    • B. 8.3%
    • C. 7.5%
    • D. 8.7%
    • Discuss
    • 7. Global research agency Fitch has raised India's growth forecast from 7.4 per cent to __________.

    • Options
    • A. 7.6%
    • B. 7.7%
    • C. 7.8%
    • D. 7.9%
    • Discuss
    • 8. Which company becomes India's largest tax payer in private sector?

    • Options
    • A. ICICI Bank
    • B. Reliance Industries
    • C. TCS
    • D. Tata Steel
    • Discuss
    • 9. India has boosted the Customs Duty on all the goods imported from Pakistan to how much percent?

    • Options
    • A. 180%
    • B. 200%
    • C. 150%
    • D. 160%
    • Discuss
    • 10. As per the Trade and Development Report of UNCTAD, what is the GDP growth of India for 2018?

    • Options
    • A. 7.0%
    • B. 7.2%
    • C. 6.8%
    • D. 6.2%
    • Discuss


    Comments

    There are no comments.

Enter a new Comment