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UPSC economy MCQ

All UPSC economy MCQ current affairs — 6 analysed articles with Why-in-News context, prelims facts, mains questions and practice MCQs.

India's Forex Reserves Hit Record $729.3 Billion

Why in News? India's foreign exchange reserves surged by $12.4 billion to a record high of $729.3 billion during the week ended 21 August 2026 , as per RBI data. The reserves have risen by $62.…

29 Aug 2026 · UPSC, APPSC, TGPSC, AP Police, TS Police, SSC, RRB, Banking, Defence, Teaching

India's Forex Reserves Hit Record $729.3 Billion

Why in News? India's foreign exchange reserves surged by $12.4 billion to a record high of $729.3 billion during the week ended 21 August 2026 , according to RBI data. The reserves have risen b…

29 Aug 2026 · UPSC CSE

India's Steel Consumption in April–July 2026

Why in News? India's finished steel consumption grew 7.9% to 56 million tonnes (MT) during April–July 2026 (FY27), outpacing production growth. The Ministry of Steel data indicates strong domes…

26 Aug 2026 · UPSC CSE

India's Steel Consumption Grows 7.9% in April–July 2026, Outpaces Production

Why in News? India's finished steel consumption grew 7.9% to 56 million tonnes (MT) during April–July 2026 (FY27), outpacing production growth, as per Ministry of Steel data. The robust demand…

26 Aug 2026 · UPSC, APPSC, TGPSC, AP Police, TS Police, SSC, RRB, Banking, Defence, Teaching

'Chipflation': AI Boom Drives Consumer Electronics Prices Up Sharply in 2026

Why in News? The global AI investment boom has created an acute shortage of memory chips used in everyday consumer electronics, pushing up prices of smartphones, TVs, ACs, refrigerators, and la…

24 Aug 2026 · UPSC, APPSC, TGPSC, SSC, RRB, Banking, Defence, Teaching, AP Police, TS Police

Chipflation

Why in News? The global artificial intelligence (AI) investment boom has created an acute shortage of memory chips (particularly DRAM — Dynamic Random Access Memory) used in everyday consumer e…

24 Aug 2026 · UPSC CSE