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ECONOMY MCQs

Total Questions : 102 | Page 5 of 11 pages
Question 41.

IEA predicted Global Emissions to peak in which year?

  1.    2025
  2.    2023
  3.    2022
  4.    2030
 Discuss Question
Answer: Option A. -> 2025
The International Energy Agency (IEA) has released its World Energy Outlook 2022 report, which stated that global emissions will peak in 2025.
Question 42.

According to the WHO's Global TB Report 2022, how many TB cases were notified in India in 2021?

  1.    51.4 lakh
  2.    11.4 lakh
  3.    31.4 lakh
  4.    21.4 lakh
 Discuss Question
Answer: Option D. -> 21.4 lakh
According to the report, 21.4 Lakh TB cases were notified in India in 2021, 18% higher than in 2020.
Question 43.

World Bank lowered India's GDP growth forecast to what amount?

  1.    6%
  2.    6.5%
  3.    7%
  4.    7.5%
 Discuss Question
Answer: Option B. -> 6.5%
World Bank lowers India's GDP growth forecast to 6.5% from 7.5% for 2022-23.
Question 44.

The current Foreign Trade Policy has been extended until which month?

  1.    January 2023
  2.    April 2023
  3.    June 2023
  4.    March 2023
 Discuss Question
Answer: Option D. -> March 2023
The current Foreign Trade Policy has been extended until March 2023 due to currency volatility and global uncertainty.
Question 45.

India's current account deficit widens to what percent of GDP in Q1FY23?

  1.    40%
  2.    3.4%
  3.    2.8%
  4.    4%
 Discuss Question
Answer: Option C. -> 2.8%
India's current account deficit widens to 2.8% of GDP in Q1FY23.
Question 46.

Government hiked interest rate on small savings schemes to be raised by which amount?

  1.    0.4%
  2.    1%
  3.    0.2%
  4.    2.4%
 Discuss Question
Answer: Option C. -> 0.2%
The government hiked the interest rate on small savings schemes by 0.2%.
Question 47.

India's economy is to grow by what percent in 2022 according to UNCTAD?

  1.    4%
  2.    5.4%
  3.    5.7%
  4.    8%
 Discuss Question
Answer: Option C. -> 5.7%
India's economy is to grow 5.7% in 2022, and 4.7% in 2023 as UNCTAD said in its annual Trade and Development Report.
Question 48.

The Asian Development Bank (ADB) has reduced the economic growth projection for India to what percent?

  1.    6%
  2.    8%
  3.    7%
  4.    3%
 Discuss Question
Answer: Option C. -> 7%
The Asian Development Bank (ADB) has reduced the economic growth projection of India for 2022-23 to 7% from 7.2%.
Question 49.

As per the recent Asian Development Outlook (ADO) update, what is the 2022-23 growth projection for India's economy?

  1.    5
  2.    7
  3.    4
  4.    9
 Discuss Question
Answer: Option B. -> 7
The Asian Development Bank (ADB) has slashed India's economic growth projection for 2022-23 to 7 per cent from 7.2 per cent earlier, citing higher than expected inflation and monetary tightening.
Question 50.

What percentage increase in gross direct tax receipts was there in FY22?

  1.    40
  2.    30
  3.    10
  4.    20
 Discuss Question
Answer: Option B. -> 30
The Gross collection of Direct Taxes (before adjusting for refunds) for the FY 2022-23 stands at Rs. 8,36,225 registering a growth of 30% over collections of FY 2021-22.

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