7
Q:

Which is the highest form of unemployment in India?

A) seasonal B) structural
C) cyclical D) casual

Answer:   B) structural



Explanation:

Basically India's unemployment is structural in nature. It is associated with the inadequacy of the productive capacity to create enough jobs for all those able and willing in india. Not only is the productive capacity  (largely capital stock) much below the needed quantity, it is also found to be increasing at a slow rate. As against this, additions to labour force are being made at a fast rate on account of rapidly rising population. Thus, the absolute level of unemployed persons is rising every year. 

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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6 138
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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12 189
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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