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This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 501. |
What is the projected GDP growth rate of India in FY22 as per IMF's latest world economic outlook? |
| Answer» The IMF has cut India's economic growth forecast for the current fiscal FY22 to 9 per cent. | |
| 502. |
What is the existing annual income limit for the identification of the economically weaker section (EWS)? |
| Answer» After the recommendation by the three-member committee, the Centre has decided to continue with the existing annual income limit of Rs 8 lakh for the identification of the economically weaker sections (EWS). | |
| 503. |
How much amount has been approved by the government under the PLI Scheme for the textile sector? |
| Answer» Ministry of Textiles has extended the timeline for submission of applications under the PLI Scheme for Textiles till February 14, 2022. Earlier this deadline was 31st January 2022. Total financial outlay- Rs 10,683 crore. | |
| 504. |
In which Indian Navy Ship has been the Hindustan Aeronautics Limiteds ALH MK III aircraft formally inducted? |
| Answer» Hindustan Aeronautics Limiteds ALH MK III aircraft was formally inducted at INS Utkrosh in Port Blair by Commander-in-Chief, Andaman and Nicobar Command (CINCAN), Lieutenant General Ajai Singh. | |
| 505. |
How much amount has been paid by India towards the United Nations regular budget assessment for the year 2022? |
| Answer» India has paid its United Nations regular budget assessment for the year 2022 in full with a payment of USD 29.9 million. | |
| 506. |
How much amount has been allocated under the PLI scheme for drones and drone components? |
| Answer» Ministry of Civil Aviation in September 2021 had approved a PLI scheme for drones and drone components with an allocation of Rs 120 crore spread over three financial years. | |
| 507. |
Government has announced the extension of the scope of the Advisory Board for Banking and Financial Frauds (ABBFF), to cover all fraud cases above what amount? |
| Answer» Central Vigilance Commission and Ministry of Finance have extended the scope of the existing ABBFF to cover all fraud cases involving an amount of Rs.3 Crore and above in Public Sector Bank and Public Sector Financial institutions. | |
| 508. |
How much amount has been granted by the ADB to the Government of India through a sovereign loan in 2021? |
| Answer» The data released by the Asian Development Bank (ADB) it provided a record USD 4.6 billion in sovereign lending to India in 2021. | |
| 509. |
Premier Pro-Stock 301-400cc category title at the National Motorcycle Racing Championship. Which title did Rajini Krishnan win? |
| Answer» Krishnan from Chennai finished third after an accident, he won his 10th national title at the end of the fifth and final round. | |
| 510. |
What percent of stake has been acquired by NTPC Vidyut Vyapar Nigam Ltd. (NVVN) in Power Exchange of India Ltd? |
| Answer» NTPC Vidyut Vyapar Nigam Ltd. (NVVN) has acquired 5% equity stake in Power Exchange of India Ltd (PXIL). | |
| 511. |
"Vayam Rakshamah" or "We Protect" is the theme of which armed force of India? |
| Answer» ICG is the fourth largest Coast Guard in the world with the motto of "Vayam Rakshamah" or "We Protect". | |
| 512. |
What is India's logistics cost as a proportion of GDP, as of 2022? |
| Answer» India's logistics cost as a proportion of the Gross Domestic Product (GDP) is estimated to be around 13-14 per cent. | |
| 513. |
The current Foreign Trade Policy has been extended until which month? |
| Answer» The current Foreign Trade Policy has been extended until March 2023 due to currency volatility and global uncertainty. | |
| 514. |
Wholesale inflation dropped to an 11-Month low at 12.4% in which month? |
| Answer» Producers' inflation based on the Wholesale Price Index (WPI) dropped for the third successive month to an 11-month low of 12.41 percent in August. | |
| 515. |
How much money has the Bank of Maharashtra raised through the Basel III compliant Additional Tier 1 (AT1) bonds to fund business growth? |
| Answer» State-owned Bank of Maharashtra (BoM) said it has raised Rs 710 crore from bonds to fund business growth. | |
| 516. |
UPI platform has processed how many transactions in the month of August? |
| Answer» The Unified Payment Interface (UPI) platform has processed 6.57 billion (657 crores) transactions, totalling 10.73 trillion, according to NPCI Data. | |
| 517. |
SBI has issued additional tier-1 (AT1) bonds worth a total of Rs 6,872 crore at a cut-off of how many %? |
| Answer» SBI has issued additional tier-1 (AT1) bonds worth a total of Rs. 6,872 crores at a cut-off of 7.75 per cent, the lowest rate set for such debt issuances by any bank so far in the current financial year. | |
| 518. |
How many drugs are included in the NLEM? |
| Answer» 384 drugs have been included in this list with the addition of 34 drugs, while 26 from the previous list have been dropped. | |
| 519. |
What has the WPI-based inflation rate for August? |
| Answer» The wholesale price index- (WPI-) based inflation rate for August decelerated for the third consecutive month to an 11-month low of 12.41 per cent as pricing pressure from manufactured and fuel items eased despite an increase in food inflation. | |
| 520. |
India has become a power surplus nation with an installed power capacity of over how many lakh MW? |
| Answer» The government has informed us that India has turned into a power surplus nation with a total installed electricity capacity of over 4 lakh Mega Watt. | |
| 521. |
India's current account deficit widens to what percent of GDP in Q1FY23? |
| Answer» India's current account deficit widens to 2.8% of GDP in Q1FY23. | |
| 522. |
What is the increase in Railways Revenue at the end of August 2022 when compared to the corresponding period of 2021? |
| Answer» The overall revenue of Indian Railways at the end of August'22 stood at Rs 95,486.58 cr, showing an increase of Rs. 26271.29 cr (38%) over the corresponding period of last year. | |
| 523. |
SBI trimmed GDP growth forecast to how many percent for the financial year 2023? |
| Answer» Chief economist at State Bank of India has revised downward the full-year growth forecast to a low 6.8 per cent from 7.5 per cent earlier for FY2023. | |
| 524. |
India collected GST worth Rs.1,43,612 crore in which month? |
| Answer» Goods and services tax (GST) collections retained their momentum, rising 28% year-on-year to around Rs 1,43,612 crore in August, the sixth straight month of over Rs 1.4 lakh crore mop-up. | |
| 525. |
As per the NSO Data, what is India's GDP growth rate in the first quarter (April-June) of this fiscal year 2022-23? |
| Answer» The Gross Domestic Product (GDP) in the first quarter (April-June) of this fiscal year grew by 13.5%. | |
| 526. |
As per the recent Asian Development Outlook (ADO) update, what is the 2022-23 growth projection for India's economy? |
| Answer» 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. | |
| 527. |
What percentage increase in gross direct tax receipts was there in FY22? |
| Answer» 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. | |
| 528. |
The Asian Development Bank (ADB) has reduced the economic growth projection for India to what percent? |
| Answer» The Asian Development Bank (ADB) has reduced the economic growth projection of India for 2022-23 to 7% from 7.2%. | |
| 529. |
As of March 2022, what is India's external debt, as per the Finance Ministry's data? |
| Answer» India's external debt rose by 8.2 per cent year-on-year to USD 620.7 billion as of March 2022, as per the Union Finance Ministry's 'Status Report on India's External Debt 2021-22'. | |
| 530. |
India's GDP is likely to grow by how much percent in the third quarter of FY 2022, as per SBI? |
| Answer» India's gross domestic product (GDP) is likely to grow at 5.8 percent in the third quarter of the financial year 2022, as per the latest SBI research report. | |
| 531. |
Ministry of Textiles has extended the timeline for submission of applications under the PLI Scheme for Textiles. What is the total outlay of PLI Scheme for Textile? |
| Answer» The Ministry of Textiles has further extended the timeline for submission of applications under the PLI Scheme for Textiles. Total financial outlay- Rs 10,683 crore. | |
| 532. |
SEBI has directed the mutual fund (MF) industry to set up an audit committee at the asset management company (AMC) level. What is the minimum number of directors required in this audit committee? |
| Answer» The audit committee will require a minimum of three directors and at least two-thirds of them shall be independent directors of the AMC. | |
| 533. |
What is the projected GDP growth forecast for India in the Calendar Year 2022, according to Moody's? |
| Answer» Rating agency Moody's has revised the economic growth estimates of India for Calendar Year (CY) 2022 and CY2023, in its Global Macro Outlook 2022-23, CY2022- 9.5 percent (Earlier it was 7 percent) CY2023 - 5.5 percent. | |
| 534. |
What is the estimated GDP growth rate of India in the FY22, as per India Ratings? |
| Answer» India Ratings & Research (India Ratings) has revised downwards the GDP growth forecast of the country for 2021-22 (FY22) to 8.6 percent. | |
| 535. |
The enrolment under the PM Cares for Children Scheme has been extended. Under this scheme, how much amount would be spent by the Government on each child? |
| Answer» The Ministry of Women and Child Development has extended the PM Cares for Children Scheme till February 28, 2022. Earlier the scheme was valid till December 31, 2021. Under this scheme, Rs 10 lakh would be spent by the Government on each child. | |
| 536. |
India has inked CEPA with UAE. Aims to increase the bilateral trade between the two countries from the current USD 60 billion to how much in the next 5 years? |
| Answer» The CEPA, is a free trade agreement between the two countries to increase the bilateral trade from the current USD 60 billion to USD 100 billion in the next 5 years. | |
| 537. |
In 2022, which edition of Soil Health Card Day is being celebrated? |
| Answer» 7th. In India, 19 February is marked as the Soil Health Card Day to commemorate the launch of the Soil Health Card (SHC) Scheme and create awareness about the benefits of the scheme. | |
| 538. |
What is the percentage of Women representation of board seats in India in 2021, as per 'Women in the Boardroom report'? |
| Answer» In India, women representation of board seats increased by 9.4 per cent from 2014 to 17.1 per cent in 2021 as per Deloitte's Women in the Boardroom report. | |
| 539. |
What is the current rate of Marginal Standing Facility? |
| Answer» The current Marginal Standing Facility Rate is 4.25%. | |
| 540. |
Name the Best marching contingent of the defence sector during the Republic Day parade? |
| Answer» The Indian Navy marching contingent has been adjudged as the best marching contingent among the three services, the Ministry of Defence. | |
| 541. |
India is to convert how many villages into 'Village of Excellence' in partnership with Israel? |
| Answer» The Government of India has joined hands with the Government of Israel to create 150 'Villages of Excellence' in 12 States of the country, to help farmers to adopt the latest technology in the farm sector. | |
| 542. |
What is the projected GDP growth rate of India in 2022-23 as per the recent MPC meeting in February 2022? |
| Answer» The RBI has projected the real GDP growth for 2022-23 at 7.8 percent. | |
| 543. |
Economic Survey 2021-2022 has projected how much growth in India's GDP in FY23? |
| Answer» The Economic Survey 2022 projects India's GDP growth to be between 8-8.5% in the Fiscal Year 2022-23. | |
| 544. |
What is the name of the new payments service launched by RBI? |
| Answer» RBI Governor Shaktikanta Das launched a new UPI payments service for feature phones named UPI123Pay. | |
| 545. |
Which is the option that correctly shows the FDI rate? |
| Answer» The Union Cabinet has approved an amendment to the FDI Policy to allow FDI up to 20 percent under the "automatic route" in LIC. This comes ahead of IPO of LIC. It must be noted that the FDI limit in the insurance sector is 74 percent. Last year it was raised from 49% to 74%. | |
| 546. |
Since which year has India's per capita income almost doubled to ₹1.72 lakh? |
| Answer» India's per capita income has almost doubled to ₹1.72 lakh since 2014-15. | |
| 547. |
What is the value of the two transmission projects approved by the Power Grid Corporation of India? |
| Answer» Power Grid Corporation of India has approved two transmission projects worth ₹4,070.98 crores. | |
| 548. |
What is India’s per capita income as of 2023? |
| Answer» India’s per capita income has almost doubled to ₹1.72 lahks since 2014-15. | |
| 549. |
In which month of 2023 did GST revenues hit ₹1.59 lakh crore, the second-highest monthly collection on record? |
| Answer» GST revenues hit ₹1.59 lakh crore in January 2023, the second-highest monthly collection on record. | |
| 550. |
What is the projected rate of growth of the Indian economy in the coming decade? |
| Answer» According to recent projections, the Indian economy is likely to grow at a rate of 6.5% in the coming decade, driven by a turnaround in the financial and investment cycle. | |