CURRENT AFFAIRS

2023

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In which month did the Manufacturing Purchasing Managers’ Index (PMI) rise from 56.4 to 57.2?
A
February
B
March
C
April
D
June
Explanation: 

Detailed explanation-1: -The S&P Global India Manufacturing Purchasing Managers’ Index (PMI) rose to 57.2 in April from 56.4 in March.

Detailed explanation-2: -India’s Manufacturing Purchasing Managers’ Index (PMI) has witnessed a jump from 55.3 in February to 56.4 in March 2023, highest in three months. India’s Manufacturing Purchasing Managers’ Index recorded strongest improvement in the last three months with a jump to 56.4 in March from 55.3 in February.

Detailed explanation-3: -Services PMI in India averaged 51.24 points from 2012 until 2023, reaching an all time high of 62.00 points in April of 2023 and a record low of 5.40 points in April of 2020.

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