Must Read News Current Affairs
13th November, 2020
1. Govt. rolls out ₹1.19 lakh crore stimulus (GS-3)
UPSC Syllabus : Indian economy
2. For one and all (GS-2)
UPSC Syllabus : Indian polity
3. Media regulation that is quite over the top (GS-2)
UPSC Syllabus : Polity and Governance
4. India, ASEAN to expand trade despite RCEP walkout (GS-2)
UPSC Syllabus : Regional and global groupings and agreements involving India and/or affecting India’s interests
5. China begins work on rail line up to Arunachal border (GS-2)
UPSC Syllabus : India and its neighborhood-relations
6. Moody’s narrows 2020 GDP contraction to 8.9%: (GS-3)
UPSC Syllabus : Indian economy
In economics, the term 'contraction' refers to a phase of the business cycle in which the economy as a whole is in decline. A contraction generally occurs after the business cycle peaks, but before it becomes a trough. When a country's real gross domestic product (GDP) has declined for two or more consecutive quarters, then a contraction has occurred.
7. What is a technical recession? (GS-3)
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