• India’s gold imports, which have a bearing on the country’s current account deficit (CAD), rose by 33.34% to USD 46.14 billion during the 2021-22. • The surge in gold imports during the last financial year contributed to the widening of the trade deficit to USD 192.41 billion, against USD 102.62 billion in 2020-21. • India is the world’s second-biggest gold consumer after China. • The gems and jewellery exports during 2021-22 grew by about 50% to about USD 39 billion. • Gold imports in volume terms stood at 842.28 tonnes in April 2021 – February 2022.
What is the basic difference between Gross NPA and Net NPA?
I- Gross NPA is the total of Bank loans and Net NPA is the total of all kinds of loan...
Which of the following Statements about IREDA is/are True?
I- It is registered as Non-Banking Financial Company (NFBC) with Reserve Bank of India...
Who among the following is not one of the eligible beneficiaries of PMUY?
Consider the following statements regarding Phase II of the Swachh Bharat Mission (Grameen) [SBM (G)]
1) The program will be implemented ...
Which of the following statements about Prompt Corrective Action is/are True?
I- Prompt Corrective Action F...
Which of the following Statements about Multiplier Effect is/are True?
I- When the government spends a rupee, overall income rises by a multiple ...
When Government expenditure is more than income, through which of the following ways, it does the deficit financing?
(1) From Banks
(2) Fr...