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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. 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
    • 2. Who is the author of the book "Feroze: the Forgotten Gandhi"?

    • Options
    • A. John Nicolsen
    • B. Bertil Falk
    • C. Shashi Tharoor
    • D. William Dalrymple
    • Discuss
    • 3. The book "Story of an Escape" was authored by whom?

    • Options
    • A. Konijeti Rosaiah
    • B. Govind Singh Gurjar
    • C. Surjit Singh Barnala
    • D. P S Ramamohan Rao
    • Discuss
    • 4. Which union minister has launched PowerTex India scheme to boost powerloom sector?

    • Options
    • A. Narendra Modi
    • B. Smriti Irani
    • C. Rajnath Singh
    • D. Arun Jaitley
    • Discuss
    • 5. The Union Cabinet recently approved an MoU signed in the field of Cyber Security. The MoU was signed with which of the following countries?

    • Options
    • A. The United States of America
    • B. Britain
    • C. Switzerland
    • D. Germany
    • Discuss
    • 6. Rana Kanwar Pal was elected as the Speaker of the Legislative Assembly of

    • Options
    • A. Uttar Pradesh
    • B. Punjab
    • C. Goa
    • D. Manipur
    • Discuss
    • 7. Abhishek Verma won the gold medal at __________ air pistol in the ISSF World Cup.

    • Options
    • A. 10m
    • B. 20m
    • C. 30m
    • D. 50m
    • Discuss
    • 8. Noted agriculturalist Nel Jayaraman passed away recently. He belongs to which state?

    • Options
    • A. Karnataka
    • B. Andra Pradesh
    • C. Kerala
    • D. Tamil Nadu
    • Discuss
    • 9. By what percent does the bank credit grows for the financial year 2018-19, as per the Reserve Bank of India(RBI)?

    • Options
    • A. 12.24%
    • B. 12.54%
    • C. 13.24%
    • D. 13.54%
    • Discuss
    • 10. EV charging stations to be established in which Indian city?

    • Options
    • A. Bengaluru
    • B. Kolkata
    • C. Chennai
    • D. Hyderabad
    • Discuss


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