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  • Question
  • As per Confederation of Indian Industry (CII)'s report titled 'Growth Outlook for 2019', What is the GDP rate of India in FY19?


  • Options
  • A. 7.5%
  • B. 7.3%
  • C. 7.7%
  • D. 7.9%

  • Correct Answer
  • 7.5% 

    Explanation
    Growth Outlook for 2019', Confederation of Indian Industry (CII) stated that India will remain the fastest growing major economy with GDP growth estimated to be 7.5% in FY19. The reasons cited for the growth are: Better demand conditions, settled GST implementation, capacity expansion resulting from growing investments in infrastructure and better credit inflow especially in the service sector (that is of 24%). Additionally, CII had suggested the following: only three slabs for GST - a standard rate, a higher rate for demerit goods and a lower rate for some mass consumption items - and the inclusion of fuels, real estate, electricity and alcohol in the ambit of the levy. RBI to have lending restrictions on banks under the PCA (prompt and corrective action) and create a limited special liquidity window to meet emergencies of financial institutions. the digitization of land records.

  • More questions

    • 1. Name the country which has agreed to strengthen economic co-operation with India.

    • Options
    • A. Japan
    • B. US
    • C. Netherland
    • D. Russia
    • Discuss
    • 2. Name the country which won the Sultan Azlan Shah Cup 2019.

    • Options
    • A. Malaysia
    • B. India
    • C. South Korea
    • D. Canada
    • Discuss
    • 3. Which of the following movies won the 74th Golden Globes Best Motion Picture Award in the Drama category?

    • Options
    • A. La La Land
    • B. Moonlight
    • C. Nocturnal Animals
    • D. Fences
    • Discuss
    • 4. Which bank has reduced its benchmark lending rate by 0.05% points?

    • Options
    • A. Syndicate Bank
    • B. Union Bank of India
    • C. Allahabad Bank
    • D. Bank of India
    • Discuss
    • 5. The Union Government in recent past revised the Mode of Moderation and Memorandum of Understanding to establish the Border Haats with this country.

    • Options
    • A. Myanmar
    • B. Nepal
    • C. Bangladesh
    • D. Sri Lanka
    • Discuss
    • 6. Former Union Minister, Akhilesh Das Gupta passed away in Lucknow, Uttar Pradesh on 12 April 2017, after suffering from a heart attack. Which party did he serve under in the government?

    • Options
    • A. Bharatiya Janata Party
    • B. Congress Party
    • C. Samajwadi Party
    • D. Bahujan Samajh Party
    • Discuss
    • 7. Which film has won the Golden Bear Award at the 67th Berlin International Film Festival-2017?

    • Options
    • A. Bright Nights
    • B. The Other Side of Hope
    • C. On Body and Soul
    • D. Close Knit
    • Discuss
    • 8. Who is the author of the book "Mr and Mrs Jinnah: The Marriage that Shook India"?

    • Options
    • A. Teesta Setalvad
    • B. Bertil Falk
    • C. Sheela Redddy
    • D. Audrey Truschke
    • Discuss
    • 9. Name the Bank which became the second largest public sector undertaking (PSU) bank.

    • Options
    • A. Axis Bank
    • B. Bank of Baroda
    • C. Union Bank of India
    • D. Dena Bank
    • Discuss
    • 10. As per an announcement by the Union Government, India's nuclear power generation capacity will be tripled by

    • Options
    • A. 2021
    • B. 2022
    • C. 2023
    • D. 2024
    • Discuss


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