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Economy

Written for the exam, not for the news cycle. Every item carries what it means for NABARD Grade A, RBI Grade B and SEBI Grade A.

Page 7
US Trade Representative (USTR) Report Context: The Office of the US Trade Representative (USTR) has highlighted several concerns regarding India’s financial regulations, FDI policies in insurance, a 2 Apr 2025 Growth Outlook for Indian Economy Economic Context and Challenges The Indian economy is entering the financial year 2024-25 with a cautious growth outlook due to reciprocal tariffs, trade uncert 1 Apr 2025 India’s Core Sector Growth Slows to 5-Month Low in February Key Highlights Core sector growth declined to 2.9% in February 2025, down from 5.1% in January and 7.1% a year ago. The slowdown is attributed to an unfavorable 29 Mar 2025

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India’s Fiscal Deficit Narrows for April-February FY25 Fiscal Deficit Analysis India’s fiscal deficit for April-February FY25 stood at ₹15.70 trillion, or 85.8% of the revised estimate, compared to ₹17.35 trillion ( 29 Mar 2025 PAC’s 19th Report on GST Implementation Key Findings and Criticism Revenue Decline: The report highlights a 2% drop in indirect tax revenue between FY18 and FY20, before the COVID-19 pandemic. Compens 29 Mar 2025 NACIN and IMU Sign MoU to Strengthen Marine Enforcement Training Context: The National Academy of Customs, Indirect Taxes & Narcotics (NACIN) and Indian Maritime University (IMU) have signed a Memorandum of Understanding 28 Mar 2025 MSMEs in India MSMEs’ Contribution to the Economy Share in GDP (Gross Value Added): 2020-21: 27.3% 2022-23: 30.1% Export Growth: 2020-21: ₹4 trillion 2024-25: ₹12.39 trillion 28 Mar 2025 Trade Uncertainty, Geopolitical Risks Pose Challenges to India’s Growth Context: The Finance Ministry has flagged geopolitical tensions, trade policy uncertainties, and financial market risks as key challenges to economic growth. Ho 27 Mar 2025
Rupee Volatility and Trade Negotiations with the US Rupee Performance & Market Trends The rupee gained for nine consecutive sessions before correcting on Tuesday. March 2025: One of the best-performing Asian 27 Mar 2025 RBI’s $10-Billion Dollar-Rupee Swap Auction Receives Over 2x Bids and Higher Premium Context: The Reserve Bank of India’s (RBI) $10-billion dollar-rupee buy-sell swap auction saw bids of $22.3 billion, more than double the notified amount, refle 25 Mar 2025
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