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MCQs 2026

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71.
What is the primary objective of an Export Promotion Scheme for MSMEs?
A To increase domestic consumption only
B To help small businesses sell their products in international markets
C To reduce the number of employees in small firms
D To increase import duties on raw materials
72.
What does the acronym 'MSME' stand for?
A Micro, Small and Medium Enterprises
B Major Sector Manufacturing Entities
C Modern Small Market Economy
D Micro Service Management Establishment
73.
Which committee is responsible for deciding the Repo Rate in India?
A NITI Aayog
B Monetary Policy Committee (MPC)
C Securities and Exchange Board of India
D Finance Ministry
74.
Why does the RBI typically maintain or increase the repo rate when inflation is high?
A To encourage more spending by consumers
B To reduce money supply and curb demand-pull inflation
C To lower the cost of borrowing for businesses
D To increase the value of the stock market
75.
What is the 'Repo Rate' in the context of the Reserve Bank of India?
A The rate at which RBI lends money to commercial banks
B The rate at which banks lend to the government
C The tax rate on corporate profits
D The rate of interest on savings accounts
76.
Which of the following factors typically drives strong earnings for Indian IT firms?
A Increase in domestic agricultural output
B High demand for digital transformation and cloud services
C Reduction in global internet usage
D Decrease in foreign currency exchange rates
77.
What does 'Q4' refer to in the context of an Indian company's financial reporting?
A The first three months of the calendar year
B The final quarter of the financial year (January-March)
C The second quarter of the fiscal year
D A specific tax category
78.
Which financial metric is primarily used to assess the profitability of an IT firm in its quarterly earnings report?
A Net Profit Margin
B Gross Domestic Product
C Repo Rate
D Fiscal Deficit
79.
The concept of "Nationally Determined Contributions" (NDCs) is central to which major international climate agreement?
A Rio Earth Summit
B Paris Agreement
C Vienna Convention
D Cartagena Protocol
80.
What is 'carbon pricing' as a climate change mitigation strategy, frequently discussed by global leaders?
A Setting a maximum limit on carbon emissions for industries.
B Assigning a monetary cost to carbon emissions to incentivize reduction.
C Subsidizing industries that adopt carbon capture technologies.
D Trading carbon credits between developed and developing nations.