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MCQs - 2026-04

241.
The Production Linked Incentive (PLI) schemes are primarily aimed at boosting which sector in India?
A Agriculture
B Services
C Manufacturing
D Mining
242.
Which of the following global challenges are mentioned as a backdrop to India's economic growth?
A 1. Geopolitical tensions 2. Elevated global inflation 3. General slowdown in major developed economies 4. Rapid technological advancements in competitor nations
B 1, 2 and 3 only
C 1, 3 and 4 only
D 2, 3 and 4 only
243.
Consider the following statements regarding the 'Impact/Significance' of India's economic growth: 1. It is crucial for job creation and poverty reduction. 2. It enhances India's attractiveness as a global investment destination. 3. It is instrumental in achieving India's goal of becoming a developed nation by 2047. 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
244.
What is India's projected GDP growth range for FY26, as per the current context in April 2026?
A 4.5% to 5.5%
B 5.8% to 6.2%
C 6.8% to 7.2%
D 7.5% to 8.0%
245.
Which of the following are identified as primary drivers of India's economic growth in the post-pandemic era, as of April 2026?
A 1. Robust domestic demand 2. Significant government capital expenditure 3. Strategic policy reforms 4. High global commodity prices
B 1, 2 and 3 only
C 1, 2 and 4 only
D 1, 3 and 4 only
246.
The GDRF seeks to address challenges posed by the increasing complexity of sovereign debt, including the rise of:
A Official creditors
B Multilateral development banks
C Non-traditional creditors
D Sovereign wealth funds
247.
Which of the following is NOT a key feature of the Global Debt Resolution Framework (GDRF)?
A Common platform for debt data transparency
B Standardized frameworks for debt sustainability analysis
C Mechanisms for facilitating timely negotiations
D Mandatory debt cancellation for all low-income countries
248.
The GDRF aims to streamline the process for debt restructuring and provide more predictable pathways for countries seeking:
A Foreign direct investment
B Trade agreements
C Debt relief
D Technological innovation
249.
What is the name of the new joint initiative announced by the World Bank and IMF?
A Global Financial Stability Pact
B Sustainable Development Financing Mechanism
C Global Debt Resolution Framework (GDRF)
D Emerging Markets Investment Fund
250.
Which two international financial institutions have jointly announced an initiative to accelerate debt relief for low-income countries?
A Asian Development Bank (ADB) and African Development Bank (AfDB)
B World Bank and International Monetary Fund (IMF)
C European Bank for Reconstruction and Development (EBRD) and Inter-American Development Bank (IDB)
D New Development Bank (NDB) and Asian Infrastructure Investment Bank (AIIB)