UNDP: 415 million exited poverty in India in 15 years - According to a new Multidimensional Poverty Index (MPI), the number of people living below the poverty line in India decreased by 415 million between 2005-06 and 2019-21. October 2022 Current Affairs QuizThe index was released jointly ...

India's forex reserves rise to USD 532.868 billion : Forex reserves of India has been raised by 204 million to USD 532.868 billion for the week ended on 7th October 2022. October 2022 Current Affairs QuizReason: An increase in the value of gold holdings.Foreign Currency Assets ...

IMF cuts FY23 GDP growth forecast to 6.8% : As per the World Economic Outlook 2022 report, the International Monetary Fund (IMF) has cut the GDP growth forecast of India to 6.8% from 7.4% for 2022-23. October 2022 Current Affairs QuizThe IMF has also predicted that India will remain on track to ...

India's space economy to be reach $13 billion by 2025 : As per the report, 'Developing the Space Ecosystem in India: Focusing on Inclusive Growth', India's space economy is expected to touch $12.8 billion by 2025. October 2022 Current Affairs QuizThe report was released by the Indian Space ...

Nomura Prediction for India in FY24: Nomura predicts that India’s growth will drastically slow down to 5.2% in 2023–24 (FY24) from 7% in the current fiscal year due to the spillover effects of the global downturn. The Japanese brokerage batted for policy vigilance amid the global headwinds, ...

World Bank cuts India's growth forecast to 6.5% for 2022-23: The World Bank has reduced the GDP growth forecast of India for 2022-23 to 6.5% from 7.5%. October 2022 Current Affairs Quiz Reason: The impact of the ongoing war in Ukraine, rising global interest rates and high inflation. ...

UNCTAD decline India GDP growth to 5.7% in 2022: As per the United Nations Conference on Trade and Development (UNCTAD) Trade and Development Report 2022, the expected economic growth of India has been declined to 5.7%. October 2022 Current Affairs Quiz Reason: Higher financing cost and ...

World Bank cuts 2022 East Asia growth outlook : The World Bank has reduced the expected growth in the East Asia and Pacific region for 2022 to 3.2% from 5.0% (earlier forecast). The previous year growth of East Asia and Pacific region was 7.2%. September 2022 Current Affairs QuizReasons:Due to ...

ADB cuts GDP growth forecast of India for FY23 to 7%: The Asian Development Bank (ADB) has reduced the economic growth projection of India for 2022-23 to 7% from 7.2%. September 2022 Current Affairs Quiz Reason: Higher inflation and monetary tightening. The economy of India has been ...

Gross Direct Tax Collection Registered Growth of 30% in 2022-23: The Central Board of Direct Taxes(CBDT) in a statement said that the net direct tax collections so far this financial year are at ₹700,669 crore, an increase of 23% as compared to ₹568,147 crore till the same period of the ...