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Major Economic Events 2012- 07

PUBLISHED BY: SURENDER KUMAR
OCTOBER 07, 2013

   
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Major Economic Events 2012- 07

 

India's annual Defence Budget stands at ----- Rs.193407 Cr, 11% of GDP

 

Capital required for Infrastructure in the 12th Five Year Plan ----- $1 Trillion

 

% of GDP proposed for Health Sector in the 12th Five Year Plan ----- 2.5 %

 

India's total population ----- 121 Cr, Urban – 37.7 Cr (32%), Rural – 83.3 Cr (68%)

 

India and China have a target of achieving bilateral trade worth $100 billion by ----- 2015

 

United Nation has declared 2012 as ----- UN International Year of Cooperatives (IYC)

 

13th Finance Commission has recommended ----- 32% of tax revenue for the States

 

The greenest sources of energy are ----- Solar and Wind Energy

 

CTS-2010 ----- Cheque Truncation System, an image-based processing of cheques

 

156th member of WTO ---- Russia,  157th ----- Montenegro

 

Golden Peacock Award for Excellence in Corporate Governance for 2012 ----- State Bank of India

 

Service Tax collection target for 2012-13  was ----- Rs.1, 20, 000 Cr

 

Credit growth rate last year was ----- 22.9%, Deposits growth rate ----- 18.30%

 

7th G-20 summit was held in ----- Los Cabos (Mexico)

 

World Bank loan to India for fighting poverty ----- $ 4.3 bn

 

NRI Deposits in 2012 touched ---- $11 bn

 

Minimum reserve to be maintained by Cotton Corp of India after lifting the ban on cotton ----- One million bales

 

 

As per Economic Survey, in terms of Per Capita Deposits, Delhi stands ----- 1st  while Chandigarh and Goa follow ----- 2nd and 3rd  

 

Capital infused in Public Sector Banks in 2012  ----- Rs.12000 Cr

 



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