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Current Affairs MCQs 2026-04-01

1021.

The RBI's target band for inflation is:

A 1-4%

B 2-6%

C 3-7%

D 4-8%

1022.

What is the current benchmark repo rate maintained by the Reserve Bank of India (RBI)?

A 6.0%

B 6.5%

C 7.0%

D 5.5%

1023.

While the economy is growing, what remains a point of monitoring for the Indian economy?

A Unemployment rate

B Inflation

C Fiscal deficit

D Current account deficit

1024.

Which of the following is mentioned as a factor fueling private consumption in India?

A Declining disposable income

B Growing middle class and favorable demographics

C Increased unemployment rates

D Reduced access to credit

1025.

What is a potential positive outcome of India's strong economic performance?

A Reduced foreign direct investment

B Strengthened position in global trade

C Increased reliance on imports

D Slowdown in technological adoption

1026.

The sustained economic expansion in India is attributed to a confluence of factors, including:

A Decreased foreign investment and reduced capital expenditure

B Strong domestic consumption, increased capital expenditure, and sector rebounds

C Inflationary pressures and a decline in manufacturing

D Reduced government spending and a slowdown in services

1027.

What is a significant factor contributing to the growth of the services sector in India?

A Reduced internet penetration

B Advancements in technology and digitalization

C Decreased demand for skilled services

D Stagnation in the IT industry

1028.

Which institution had revised its growth projections upwards for India, acknowledging its economic resilience?

A World Trade Organization (WTO)

B International Monetary Fund (IMF)

C Reserve Bank of India (RBI) and international financial institutions

D United Nations Development Programme (UNDP)

1029.

Production Linked Incentive (PLI) schemes in India are designed to encourage:

A Import of goods

B Domestic production and exports

C Service sector growth only

D Agricultural subsidies

1030.

The Gati Shakti Master Plan is primarily aimed at boosting which sector?

A Agriculture

B Information Technology

C Infrastructure development

D Healthcare