Business/Economy 1-India has become a net exporter of electricity during the April-February 2017 period this fiscal for the first time. 2-According to the statement, during the current year 2016-17 (April-February), India has exported around 5,798 million units to Nepal, Bangladesh and Myanmar. 3-Growth of the country’s eight core sectors slipped to an over … Read more
Business/Economy 1-India ranks 7th in tourism economy in terms of GDP according to the WTTC (World Travel and Tourism Council). 2-India’s Travel and Tourism sector was also the fastest growing amongst the G20 countries, growing by 8.5% in 2016. 3-Data from the UN World Tourism Organisation (UNWTO) shows that India received only … Read more
Economy 1- On July 12, 1982, the ARDC was merged into NABARD 2- Those goods which have positive relationship between price and quantity demanded are called as Giffen Goods. 3-National Rural Development Institute is situated at Hyderabad 4-Excise duty is a tax levied on the Production of goods 5-‘Bad money (if not limited in … Read more