1
Q:

In India, in the overall indexe of Industrial Production , the Indices of Eight Core Industries have a combined weight of 37.90%. Which of the following are among those Eight Core Industries?

1.Cement     2. Fertilizers      3.Natural gas     4. Refinery products     5. Textiles

A) 1 and 5 only B) 2, 3 and 4 only
C) 1, 2, 3 and 4 only D) 1, 2, 3, 4 and 5

Answer:   C) 1, 2, 3 and 4 only



Explanation:
Subject: Indian Economy
Q:

What is Rank of India in World business optimism ranking?

A) 4th B) 6th
C) 5th D) 7th
 
Answer & Explanation Answer: D) 7th

Explanation:

India slips to 7th position on the business optimism ranking.

The results of Grant Thornton’s International Business Report (IBR), a quarterly global business survey, reveal that business optimism in India has slipped from 2nd position in the last quarter to 7th position in the 3rd quarter of 2017.

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6 137
Q:

GST Council has decided to keep a total of ________ items in the 28% slab, which was earlier 227.

A) 125 B) 87
C) 100 D) 50
 
Answer & Explanation Answer: D) 50

Explanation:

The GST Council on Nov 10th 2017 cut tax rates of over 175 products that were in the highest tax slab of 28% under the Goods and Services Tax (GST) regime.  

Currently only 50 items have been left in the 28% category out of a total of 227 items that were present earlier.

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5 180
Q:

India has ranked _____ rank in World Bank's 'Ease of doing business' index.

A) 100 B) 101
C) 99 D) 102
 
Answer & Explanation Answer: A) 100

Explanation:
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12 188
Q:

Which Rating agency has projected India’s GDP growth rate to 6.9 percent for the financial year 2017-18 ?

A) NOMURA B) ONICRA
C) FITCH D) ICRA
 
Answer & Explanation Answer: C) FITCH

Explanation:
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9 621
Q:

India Ratings has lowered India's growth forecast for the current fiscal to ________ from 7.4 per cent.

A) 6.3 per cent B) 6.6 per cent
C) 6.7 per cent D) 6.4 per cent
 
Answer & Explanation Answer: C) 6.7 per cent

Explanation:
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