1. First Economic Census was held in – 1977.
2. 5th Economic Census was held in – 2005.
3. 6th Economic Census being held in 2011.
4. Chief Economic Advisor to Finance Minister – Kaushik Basu.
5. World Freest Economy- Hong-Kong.
6. The Ex-officio Secretary of NDC –Secretary, Planning Commission.
7. Consumer Protection Act was passed in 1986.
8. Corporation Tax is levied by the Union and belongs to it exclusively.
9. BRICS nation contribution to Global GDP – 20%
10. Country’s top taxpayer in the individual category – KJS Ahluwalia, mine owner in Orissa paid 95 crores as tax.
11. Portugal became third debt-stressed European country after Greece and Ireland to need a bailout.
12. India’s export increased by 37.5% in 2010-11. It is the fastest annual growth since independence. The strong growth was driven by higher exports to new markets in Latin America, Africa and Asia.
13. Micro, Small & Medium enterprises accounts for 45% of the country’s manufacturing output and 40% of exports.
14. Market regulator SEBI has raised the overall investment limit for foreign institutional investors (FIIs) in corporate bonds to $40billion.
15. Although the India had only 1.8% share in world manufacturing between 2000 & 2010 ,it has secured a place among the world’s 10 largest manufacturing countries according to UNIDO report.
16. Recently the union cabinet of india has approved the Bureau of Indian Standards (amendment) Bill 2011. The objective of the bill is to empower the government to make hallmarking mandatory.
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