Question
According to the data provided by the Department of
Commerce & Industry, the value of goods exported from India fell to a nine-month low at _________ in July, witnessing a 15.9 per cent contraction as external demand continued to remain sluggish due to factors including a slowdown and high inflation in developed economies.Solution
According to the data provided by the Department of Commerce & Industry, the value of goods exported from India fell to a nine-month low at $32.25 billion in July, witnessing a 15.9 per cent contraction as external demand continued to remain sluggish due to factors including a slowdown and high inflation in developed economies. Imports also contracted by 17 per cent to $52.92 billion in July. The trade deficit narrowed to $20.67 billion in July from $25.45 billion a year ago but widened from $18.76 billion in June. On the brighter side, services exports witnessed 12 per cent growth at $27.17 billion in July. Services imports grew at a relatively slower pace, at 5.6 per cent, reaching $14.85 billion, resulting in a surplus of $12.32 billion.
Which of the following is a financial derivative that allows an investor to swap or offset their credit risk with that of another investor?
The first known mutual aid society in India was ________.
The headquarter of Gulf Cooperation Council was established in?
Which financial institution in India operates the Pradhan Mantri Mudra Yojana (PMMY), aimed at providing loans to micro enterprises?
Which statement about Commercial Paper (CP) is NOT correct?
The first monetary policy committee (MPC) was constituted on which of the following year?
Which bank became the first bank to join the India International Bullion Exchange (IIBX)?
Which 5-year plan led to the establishment of the National Bank for Agriculture and Rural development?
An expert committee constituted by the International Financial Services Centres Authority (IFSCA), the GIFT City regulator, has suggested tax and regula...
In which year was the Securities and Exchange Board of India (SEBI) established as a statutory body?