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MCQs - 2026-04

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English
1211.
What was the trend observed in India's trade deficit for March 2026?
A It narrowed significantly.
B It remained unchanged.
C It widened slightly.
D It turned into a surplus.
1212.
What was a key challenge faced by traditional export sectors like textiles in March 2026?
A Shortage of skilled labor.
B Increased domestic consumption.
C Subdued global demand and increased competition.
D New government regulations restricting exports.
1213.
Which of the following sectors demonstrated robust performance in India's exports during March 2026?
A Textiles and Gems & Jewellery
B Leather products and Handicrafts
C Electronics and Pharmaceuticals
D Agricultural commodities and Marine products
1214.
What was the approximate year-on-year growth rate for India's merchandise exports in March 2026?
A 1.5%
B 3.5%
C 5.0%
D 7.5%
1215.
What is a potential short-term impact of the RBI's decision to hold interest rates steady?
A Significant boost in consumer spending due to cheaper loans.
B Increased foreign direct investment due to higher returns.
C Sustained higher borrowing costs for businesses and consumers.
D Rapid depreciation of the Indian Rupee.
1216.
How many consecutive times has the MPC maintained the repo rate at 6.50% as of its April 2026 review?
A Five times
B Six times
C Seven times
D Eight times
1217.
What is the primary objective of the RBI's Monetary Policy Committee (MPC)?
A To maximize government revenue through taxation.
B To maintain price stability while supporting economic growth.
C To manage the foreign exchange reserves exclusively.
D To regulate the stock market operations.
1218.
Which of the following was cited as a key reason for the MPC's decision to maintain the repo rate?
A Significant decline in global crude oil prices.
B Persistent core inflation and global uncertainties.
C Robust growth in agricultural output.
D Strong appreciation of the Indian Rupee against major currencies.
1219.
What was the primary decision taken by the RBI's Monetary Policy Committee (MPC) in its April 2026 review?
A Increased the repo rate by 25 basis points.
B Decreased the repo rate by 25 basis points.
C Maintained the repo rate at 6.50%.
D Introduced a new liquidity adjustment facility.
1220.
The recent diplomatic engagements mentioned in the context occurred around which date?
A April 14, 2026
B April 10, 2026
C April 12, 2026
D April 8, 2026