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Economy - Current Affairs and GK

Q1:

What was the Purchasing Managers’ Index (PMI) for India’s services sector in February?

A 60.6

B 61.8

C 50.0

D 62.0

ANS:A - 60.6

The PMI for India's services sector dropped to 60.6 in February, indicating a slight moderation in growth compared to January's figure of 61.8. However, it remained well above the neutral mark of 50.0, reflecting a sharp rate of expansion.