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MCQs - 2026-04

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English
1431.
What does the RBI's 'withdrawal of accommodation' policy signify?
A An expansionary monetary policy
B A stance aimed at reducing liquidity in the system
C A focus on increasing borrowing
D A signal for immediate interest rate cuts
1432.
Which factor is contributing to the moderation of headline inflation in India?
A Rising global energy prices
B Increased domestic demand outpacing supply
C Better food supply management and stable global energy prices
D Depreciation of the Indian Rupee
1433.
What is the current stance of the RBI's Monetary Policy Committee (MPC) on the policy repo rate?
A To significantly reduce the repo rate
B To maintain the current policy repo rate
C To rapidly increase the repo rate
D To abolish the policy repo rate
1434.
What is the primary objective of the Reserve Bank of India (RBI) regarding inflation?
A To maintain inflation above 6%
B To ensure inflation progressively aligns with the target of 4%
C To allow inflation to fluctuate freely
D To keep inflation below 2%
1435.
How does India's economic growth contribute to the global economy?
A By increasing global inflation
B By becoming a major consumer market and investment destination
C By reducing global trade volumes
D By exporting low-value goods
1436.
Which sectors are identified as key contributors to India's economic expansion?
A Agriculture and mining
B Manufacturing and services
C Textiles and construction
D IT and healthcare
1437.
What is a significant impact of sustained GDP growth on India?
A Decreased per capita income and reduced employment
B Increased reliance on foreign aid and lower investment
C Enhanced per capita income, job creation, and attraction of foreign investment
D Stagnation in key economic sectors and reduced business opportunities
1438.
Which factors are primarily driving India's projected GDP growth in FY27?
A Declining exports and reduced government spending
B Strong domestic consumption and increased capital expenditure
C Lower inflation and stable global commodity prices
D Increased foreign debt and reduced private investment
1439.
What is the projected GDP growth rate for India in FY27 by major economic agencies?
A Approximately 6.0-6.5%
B Approximately 7.0-7.5%
C Approximately 8.0-8.5%
D Approximately 5.5-6.0%
1440.
Consider the following statements regarding the impact of the UN resolution on global digital governance: 1. It aims to foster a more secure and inclusive digital environment globally. 2. It highlights India's growing influence in shaping global norms for emerging technologies. 3. It eliminates the need for further international collaboration on digital challenges. Which of the statements given above are correct?
A 1 and 2 only
B 2 and 3 only
C 1 and 3 only
D 1, 2 and 3