CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
‘Ecowrap’ is the flagship report released by which institution?
A
Reserve Bank of India
B
NITI Aayog
C
State Bank of India
D
Asian Development Bank
Explanation: 

Detailed explanation-1: -Q. ‘Ecowrap’ is the flagship report released by which institution? Notes: ‘Ecowrap’ is the report released by the Research Team of the State Bank of India. As per the latest edition of the report, India’s real GDP is expected to grow at around 9.5 per cent in 2021-22.

Detailed explanation-2: -UPSC Mains. Q. The economic report named “Ecowrap” is released by which organization? Notes: The State Bank of India in its recent Ecowrap report has lowered India’s GDP contraction for FY 21 from earlier 10.9% to 7.4%.

Detailed explanation-3: -The State Bank of India published its Ecowrap report on Income Inequality in India. Findings of the report. Ratio of per capita income of states. Gap between GDP and GNI.

Detailed explanation-4: -UPSC Mains Notes: The country’s apex financial regulator the Reserve Bank of India has recently released the ‘State of the Economy’ report.

Detailed explanation-5: -Current Forecasts About India’s GDP Growth Rate: The United Nations Conference on Trade and Development (UNCTAD) expects India’s economy to grow 5.7% in 2022 and 4.7% in 2023. India’s gross domestic product (GDP) grew 8.7% in FY22.

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