Topic
The budget, RBI, banking, inflation and government schemes in plain language, with the figures and facts prelims papers ask about directly.
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Every story on this topic, newest first.
India's Ministry of New and Renewable Energy (MNRE) projects a $220 billion investment requirement in the renewable energy sector between FY27 and FY30. This investment is segmented across solar, wind, transmission, manufacturing, and green hydrogen technologies. The sector has already attracted $64 billion in private investment from July 2024 to June 2026.
28 October 2026, 
Questions from recent economy stories. One attempt per question.
The Container Manufacturing Promotion Scheme (CMPS) was approved by which constitutional body?
Explanation: As per the article, the Union Cabinet, chaired by the Prime Minister, approved the Container Manufacturing Promotion Scheme. The Union Cabinet is the supreme executive decision-making body of the Government of India.
Consider the following statements regarding India's electronics manufacturing sector as per the news:
Which of the statements given above is/are correct?
Explanation: Statement 1 is correct: Production increased from ₹1.9 lakh crore to ₹11.3 lakh crore (approx. six-fold). Statement 2 is correct: Exports increased from ₹0.38 lakh crore to ₹3.3 lakh crore (approx. eight-fold). Statement 3 is incorrect: The tax collection is ₹3.25 lakh crore against a PLI outlay of ₹19,000 crore (not ₹1.9 lakh crore).
Which ministry is primarily responsible for implementing the Pradhan Mantri Awas Yojana - Urban (PMAY-U) scheme?
Explanation: The Pradhan Mantri Awas Yojana - Urban (PMAY-U) is implemented by the Ministry of Housing and Urban Affairs (MoHUA). The Ministry of Rural Development handles PMAY-Gramin.
Which ministry is responsible for the National Green Hydrogen Mission and the projections for renewable energy investment mentioned in the news?
Explanation: The article explicitly mentions Santosh Sarangi, Secretary of the Union Ministry of New and Renewable Energy (MNRE), providing the investment projections. The National Green Hydrogen Mission is also under the purview of MNRE.
The Kerala Infrastructure Investment Fund Board (KIIFB) is a state-level entity. Which constitutional body audits its finances, as mentioned in the article?
Explanation: The article explicitly states that the 'comptroller and auditor general’s (CAG) strictures against KIIFB have become a convenient beating stick'. The CAG is the supreme audit institution of India responsible for auditing all receipts and expenditures of the Government of India and the state governments.
The Dearness Allowance for central government employees is revised based on the recommendations of which commission?
Explanation: The article states that the DA increase is in accordance with the formula based on the recommendations of the 7th Central Pay Commission. This commission is responsible for reviewing the pay structure of central government employees.
Consider the following statements regarding the recent NPPA order on cancer drugs:
Which of the statements given above is/are correct?
Explanation: Statement 1 is correct as per the article. Statement 2 is also correct, citing the effective date and claimed savings. Statement 3 is incorrect because the article mentions a previous cap in 2019 covering 42 drugs. Hence, option C is correct.
Consider the following statements regarding the recent cap on trade margins for cancer drugs:
Which of the statements given above is/are correct?
Explanation: Statement 1 is incorrect as the article states prices remained unchanged for 146 formulations and saw minimal reductions for 21 others. Statement 2 is incorrect as the article explicitly states prices of all patented drugs remained unchanged. Statement 3 is correct as per the expert quoted in the article.
The newly announced annual local toll pass scheme is implemented by which autonomous agency?
Explanation: The article clearly states that the annual local pass has been introduced by the National Highway Authority of India (NHAI). NHIDCL also builds highways but is not mentioned. Indian Railways and CRRI are not responsible for toll operations.
Under which ministry does the Department for Promotion of Industry and Internal Trade (DPIIT) function?
Explanation: As per the article, DPIIT is a department under the Ministry of Commerce & Industry. It is the nodal agency for promoting industrial growth and internal trade in India.
This page keeps every economy story in one place. Revise each story's key points, then take the quiz below.
In particular: RBI monetary policy and banking, Union and state budgets, GDP, inflation and jobs data, Economic schemes and reforms.
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