(a) 2 months (b) 4 months (c) 6 months (d) 7.1 months Ans.(d) Sol. India’s foreign-exchange reserves provide a cushion to manage external financial volatility and were at USD584.2 billion (7.1 months of current external payments) as of 21 April 2023.
How long can India’s current foreign exchange reserves cover its external payments ? Read More »
(a) 55.4% of GDP (b) 62.8% of GDP (c) 75.3% of GDP (d) 82.8% of GDP S3. Ans.(d) Sol. Fitch estimates India’s general government debt to be at 82.8% in FY23.
(a) Hyderabad (b) Mumbai (c) Delhi (d) Chennai Ans.(a) Sol. Telangana Chief Minister K. Chandrasekhar Rao laid the foundation for the Hare Krishna Heritage Tower in Hyderabad. The 400 feet tall structure will be constructed on six acres of land in Narsingi at a cost of Rs 200 crore. The tower will house the temples
Hare Krishna Heritage Tower is being constructed in which of the following city ? Read More »
(a) Strong service exports (b) encouraging remittance (c) reducing the goods deficit due to fall in oil prices (d) all of the above Ans.(d) Sol. The current account deficit in India is driven by a combination of robust services exports, buoyant remittances, and moderating goods deficit from declining oil prices.
India’s current account deficit is driven by ___ . Read More »
(a) a strong domestic currency (b) low interest rates (c) high inflation (d) reduction in imports Ans.(c) Sol. A higher current account deficit can lead to a higher demand for foreign currency, which can cause the value of the domestic currency to decrease. This can, in turn, lead to higher inflation as the cost of
(a) Increasing economic integration among ASEAN member countries (b) Strengthening the global position of ASEAN (c) To become the center of global development (d) Discussion on measures to attract foreign investment Ans.(c) Sol. Becoming the center of global growth. The guiding theme chosen for the summit is “ASEAN Affairs: Epicenter of Growth,” which seeks to
(a) Thailand (b) China (c) Indonesia (d) Vietnam Ans.(b) Sol. ASEAN currently has 10 member countries: Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.
Daily Quiz on Current Affairs 10 May 2023 is very important for Competitive Exams like SSC, Railway, RRB, Banking, IBPS, PSC, UPSC, etc. Our Gkseries team have composed these Current Affairs Quizzes from Newspapers like The Hindu and other competitive magazines.
Daily Quiz on Current Affairs by Gkseries – 10 May 2023 Read More »
Daily Quiz on Current Affairs 9 May 2023 is very important for Competitive Exams like SSC, Railway, RRB, Banking, IBPS, PSC, UPSC, etc. Our Gkseries team have composed these Current Affairs Quizzes from Newspapers like The Hindu and other competitive magazines.
Daily Quiz on Current Affairs by Gkseries – 9 May 2023 Read More »
(a) 16 digit card number (b) CVV number (c) any other card details (d) all of the above Ans.(d) Sol. Visa’s new CVV-free service for tokenised cards in India uses a two-factor authentication process that does not require the 16-digit card number, the CVV number, or any other card details. This enhances security and reduces
