CURRENT AFFAIRS

2023

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank has recently published the economic research report “Ecowrap”?
A
State Bank of India
B
Punjab National Bank
C
Axis Bank
D
HDFC Bank
Explanation: 

Detailed explanation-1: -State Bank of India (SBI) Research Report, Ecowrap, has revised downwards the GDP growth rate of India for FY22 (2021-22) to 8.8 percent.

Detailed explanation-2: -UPSC Mains Q. ‘Ecowrap’ is the flagship economic research report of which financial institution of India? Notes: India’s largest lender State Bank of India (SBI) has recently released the recent edition of its flagship economic research report ‘Ecowrap’.

Detailed explanation-3: -The correct answer is State Bank of India. The State Bank of India research report Ecowrap, in its latest edition, projected India’s GDP growth for FY22 to be at 8.2-8.5 per cent.

Detailed explanation-4: -The State Bank of India published its Ecowrap report on Income Inequality in India.

Detailed explanation-5: -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%.

There is 1 question to complete.