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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. Who won the Man Booker International Prize recently?

    • Options
    • A. Amos Klausner
    • B. Leah Rabin
    • C. David Grossman
    • D. Eliyahu M. Goldratt
    • Discuss
    • 2. What state CM launched Mukhyamantri Anchal Amrit Yojana for anganwadi children?

    • Options
    • A. Uttarakhand
    • B. Rajasthan
    • C. Gujarat
    • D. Uttar Pradesh
    • Discuss
    • 3. Name the country which has agreed to strengthen economic co-operation with India.

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

    • Options
    • A. Malaysia
    • B. India
    • C. South Korea
    • D. Canada
    • Discuss
    • 5. 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
    • 6. 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
    • 7. 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
    • 8. 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
    • 9. 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
    • 10. 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


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