Economy & Business -Quick Facts 1. Debt Recovery Tribunal is headed by a presiding officer to handle cases of Rs. 10 lacs and above 2. Debt Recovery Tribunal deals with – Bank loan recovery cases 3. The Banking Ombudsman is appointed by – Reserve Bank of India 4. The commission which decides the distribution … Read more
Economy 1-Recommendations of the 13th Fiance Commission have become operational for the period ?- 2010-2015 2-Index ‘Residex’ is associated with ? – Land Prices 3-Zero-based Budgeting is the process of budget making after re-evaluating every item of expenditure in every financial year. 4-VAT is imposed on ? – All stages between production and final … Read more
Key Features of Budget 2015-2016 INTRODUCTION * Credibility of Indian economy has been re-established in the last nine months. * Indian economy about to take-off on a fast growth trajectory. * Most growth forecasts have upgraded Indian economic growth while downgrading global economic growth. * Economically empowered States are equal partners to Indian economic growth. … Read more
Economic Survey 2014-15 highlights Following are the highlights of Economic Survey 2014-15 presented by Finance Minister Arun Jaitley in Parliament * GDP growth seen at 8.1–8.5 per cent in 2015-16 * Double digit growth trajectory; 8–10 per cent GDP in coming years * Inflation shows declining trend during April-December * Current Account Deficit (CAD) to … Read more
Business/Economy, 1-______ Government will train over 50,000 employees as part of its Key Result Area (KRA) programme to enhance their performance in competence with corporate sector ? Rajasthan Gujarat Maharashtra Madhya Pradesh None of These Ans- Maharashtra 2- ______ acquired Silicon Valley-based startup Reduce Data, a programmatic display advertising platform ? Flipkart PayTM Amazon Snapdeal … Read more
Economy Multiple Questions & Answers 1-Pradhanmantri Bharat Jodo Pariyojana is related to— (A) Communication (B) Social Integration (C) Linking of Rivers (D) Development of Highways Ans- Development of Highways 2-SJSRY belongs to— (A) Urban areas (B) Rural areas (C) Semi-urban areas (D) All of these Ans-Urban areas 3-‘Big Digital TV DTH’ is the new broadcasting … Read more
Indian Economy -Facts File 1- India’s Index of Industrial Production (IIP) grew by 3.8 per cent in June 2015 compared to 2.5 per cent in May, 2015. The growth was largely due to the boost in manufacturing growth, which was 4.6 per cent in June compared to 2.9 per cent in the previous month. 2- … Read more
Indian Economic Survey – 2014-15 The Economic Survey 2014-15, was tabled in Parliament on February 27, 2015 by Union Minister for Finance, Government of India , Arun Jaitley . The Survey forecasts a growth rate of over 8 per cent for FY16, as compared to the growth rate of 7.4 per cent in FY15. The … Read more
Telangana State – A Brief Report 1-It is the 29th state of India and was formed in June 2014, with Hyderabad as its capital. 2-The state is land locked by (new) Andhra Pradesh to the south and east, Maharashtra and Karnataka to the west, and Odisha and Chhattisgarh to the north. 3-Geographical Area (sq km) … Read more
India’s Economy -Important Points 1- The Ministry of Urban Development has sanctioned Rs 194 crore (US$ 22.9 million) to prepare city plans for the 96 cities selected under the Smart City Mission. 2- A Multi Skill Development Centre was inaugurated at NTPC Talcher Kaniha, Odisha by Mr Piyush Goyal, Union Minister of State (IC) for … Read more