Economy One-Liners for various competitive examinations
Economy
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Here are some important Economy one-liners for students competing for various exams
Watch some of the important Economy Bits below.
1-The Indian economy is expected to grow at 7.2 percent in FY 2017-18, as per the forecast by International Monetary Fund (IMF).
2-India’s Consumer Price Index (CPI) inflation rate increased to 4.88 in November 2017 as compared to 3.58 percent in October 2017.
3-India measures 3,214 km from north to south and 2,933 km from east to west with a total area of 3,287,263 sq km.
4-The Government of Andhra Pradesh has proposed a budget of US$ 23.4 billion for FY 2017-18.
5- Andhra Pradesh is the first state in the country to have enacted the Industrial Single Window Clearance.
6-Foodgrain production in the Andhra Pradesh state reached 10.366 million tonnes in 2016-17.
7-The Government of Telangana, under the Department of Information Technology, Electronics & Communications has introduced Telangana IT Policy, 2016 in April 2016 for the uplifting the performance of the sector in the state.
8-The Telangana government has allocated an amount of US$ 35.44 million for the development of tourism and culture department during 2016-17.
9-Information Technology Investment Region (ITIR) near Hyderabad.
10-Hyderabad accounts for approximately 20 percent of India’s total pharma exports.
11-India topped the list of shrimp exporters globally, as the value-added shrimp exports rose 130 percent year-on-year to 23,400 tonnes in 2016.
shrimp
12-The total sown area for Kharif crops was 68.53 million hectares as on July 2017, compared to 67.34 million hectares in July 2016.
13-The participation of women in Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) has increased to 55 percent and allocation to the scheme has been increased to a record Rs 48,000 crore (US$ 7.2 billion) for FY2017-18.
14-HACCP– Hazard Analysis and Critical Control Points; GHP– Good Hygienic Practices; GMP– Good Manufacturing Practices
15-India has been the world’s largest producer of milk for the last two decades and contributes 19 percent of the world’s total milk production.
