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  • Question
  • What is the India's GDP growth forecast for 2018, according to UNCTAD's latest report "Trade and Development Report"?


  • Options
  • A. 6.8%
  • B. 7.0%
  • C. 7.2%
  • D. 7.4%

  • Correct Answer
  • 7.0% 

    Explanation
    The United Nations Conference on Trade and Development (UNCTAD) has expected India's economy to grow 7.0% in calendar year 2018 compared with 6.2% in 2017. As per the report "Trade and Development", the effects of demonetization are still evident in private consumption trends within the economy. It also emphasised that countries like India and Thailand, which have been most favoured by foreign investors and experienced the largest spike in asset prices, would be most vulnerable to capital outflows. Further, countries like India which are dealing with Current Account Deficits (CAD) have a tendency of reducing imports. This assumes significance in the wake of India putting in place measures to control the rising CAD and capital outflows.

  • More questions

    • 1. 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
    • 2. 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
    • 3. Rana Kanwar Pal was elected as the Speaker of the Legislative Assembly of

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

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

    • Options
    • A. Karnataka
    • B. Andra Pradesh
    • C. Kerala
    • D. Tamil Nadu
    • Discuss
    • 6. 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
    • 7. EV charging stations to be established in which Indian city?

    • Options
    • A. Bengaluru
    • B. Kolkata
    • C. Chennai
    • D. Hyderabad
    • Discuss
    • 8. Union government launched the Blue Revolution programme at a total expenditure of what amount?

    • Options
    • A. Rs 48000 lakh
    • B. Rs 52000 lakh
    • C. Rs 55000 lakh
    • D. Rs 62000 lakh
    • Discuss
    • 9. Union Minister for Urban development and housing M. Venkaiah Naidu launched which of the following app with MSEFC portal?

    • Options
    • A. MyMSME
    • B. MKisan
    • C. MEAIndia
    • D. mKavach
    • Discuss
    • 10. Who has been appointed as the Member of the Commonwealth Secretariat Arbitral Tribunal of London?

    • Options
    • A. Anantkumar Surendraray Dave
    • B. K. G. Balakrishnan
    • C. K. S. Radhakrishna Panicker
    • D. S. J. Mukhopadhaya
    • Discuss


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