Weekly Current Affairs (Economy) Quiz (30 September - 06 October 2023)

Below are the useful current affairs quiz 2023 practice questions in Economy for competitive exams like APPSC, TSPSC Groups and UPSC Civil Services, prepared by sakshi education.

1. What is the new windfall tax on domestically produced crude oil in India?
A. Rs 10,100 per tonne
B. Rs 11,400 per tonne
C. Rs 11,700 per tonne
D. Rs 12,100 per tonne

• View Answer
  • Answer: D

2. What percentage of the full-year target has India's fiscal deficit reached by August 2023-24?
A. 36%
B. 32%
C. 40%
D. 45%

• View Answer
  • Answer: A

3. What was the growth rate of India's core sector in August 2023?
A. 11.2%
B. 12.1%
C. 13.4%
D. 14.3%

• View Answer
  • Answer: B

4. What type of services the Indian government has exempted from Integrated Goods and Services Tax (IGST) from October 1, 2023?
A. Air freight services
B. Ocean freight services
C. Road freight services
D. Rail freight services

• View Answer
  • Answer: B

Also Read: Weekly Current Affairs (Economy) 23-29 September 2023 Bitbank: What is Crisil's forecast for India's bank credit growth in FY23-24?

5. What was the growth rate of India's GST revenue in September 2023?
A. 11.8%
B. 5.6%
C. 17.5%
D. 10.2%

• View Answer
  • Answer: D

6. How many agri-startups were recommended for support from a pool of Rs 20 crore in the ATMAN 2023 program?
A. 24
B. 20
C. 25
D. 30

• View Answer
  • Answer: A

7. What is the World Bank's retail inflation forecast for India for FY24?
A. 5.2%
B. 5.5%
C. 5.8%
D. 5.9%

• View Answer
  • Answer: D

8. What is the World Bank's GDP growth forecast for India in FY24?
A. 5.9%
B. 6.1%
C. 6.2%
D. 6.3%

• View Answer
  • Answer: D

9. What is the interest rate on General Provident Fund (GPF) savings for the October-December 2023 quarter?
A. 7.1%
B. 7.2%
C. 7.3%
D. 7.4%

• View Answer
  • Answer: A

Also Read: Weekly Current Affairs (Economy) 16-22 September 2023 Bitbank: What amount of dividend did the Indian government receive from NTPC in September 2023?

10. What is the UN Conference on Trade and Development (UNCTAD)'s revised economic growth forecast for India in 2023?
A. 6.1%
B. 6.2%
C. 6.4%
D. 6.6%

• View Answer
  • Answer: D

11. What was the value of India's services sector Purchasing Managers' Index (PMI) in September 2023?
A. 61.0
B. 60.1
C. 59.2
D. 58.3

• View Answer
  • Answer: A

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Published date : 28 Oct 2023 06:00PM