Economy Current Affairs Quiz/Questions-Answers May 2013, May 6-May 12

Get an insight about the economic events of the world by solving these quizzes...

May 13, 2013 10:44 IST
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Get an insight about the economic events of the world by solving these quizzes. These quizzes have been developed taking into consideration the latest economic events to help in keeping up the pace with the competitive world.

1. What amount of loan is supposed to be provided by Asian Development Bank to India over next 3 years?
a) 6 Billion Dollars
b) 4.5 Billion Dollars
c) 4 Billion Dollars
d) 4.8 billion dollars
Answer: (a) 6 Billion Dollars

2. As per the survey undertake by HSBC, in the month of May 2013, India’s services sector grew at its slowest pace in one and half years during the month of  April 2013 as costs for raw materials, petrol and labour increased considerably. What was the downfall in Composite Output Index from 51.4 Percent in March 2013?
a) 50.50 Percent
b) 50.35 Percent
c) 50.23 Percent
d) 50.39 Percent
Answer: (a) 50.50 Percent

3. Market regulator SEBI in May 2013 approved an angel fund to address the problem of resource crisis for start-up companies across the country. What amount of Fund was approved?
a) 10 Million Dollars
b) 6 Million Dollars
c) 7.5 Million Dollars
d) 9 Million Dollars
Answer: (a) 10 Million Dollars

4. The Foreign Exchange Earnings (FEEs) from tourism in terms of Rupee in April 2013 rose by what percent from the one recorded in April 2012?
a) 4  Percent
b) 5 Percent
c) 6.5 Percent
d) 7  Percent
Answer: (d) 7 Percent

5. What export target was announced by Union Government for the current financial year 2013-14 to support the slowdown in the global markets?
a) 375 Billon Dollars
b) 450 Billion Dollars
c) 325 Billion Dollars
d) 365 Billion Dollars
Answer: (c) 325 Billion Dollars


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