Current Affairs & MCQs
Latest Questions, Daily Updates & More

MCQs - 2026-04

2931.
Which of the following is a key focus area for Phase II of the mission?
A Increasing reliance on fossil fuels
B Scaling up manufacturing capabilities and developing supply chains
C Reducing investment in renewable energy
D Discouraging adoption of green hydrogen
2932.
Phase II of the National Green Hydrogen Mission aims to position India as a global hub for:
A Fossil fuel extraction
B Green hydrogen production and export
C Nuclear energy
D Coal mining
2933.
What is the primary target for India's domestic green hydrogen production capacity by 2030 under Phase II of the mission?
A 2 MMT
B 3 MMT
C 5 MMT
D 7 MMT
2934.
The term 'external shocks' in economics refers to:
A Internal political instability
B Unexpected events originating from outside the domestic economy
C Natural disasters within the country
D Changes in domestic consumer behavior
2935.
What does 'balance of payments' refer to in the context of foreign exchange reserves?
A The country's internal debt
B The difference between a country's imports and exports of goods and services
C The total value of domestic currency
D The country's stock market performance
2936.
The record high in foreign exchange reserves is a positive indicator of India's:
A Economic weakness
B Ability to meet international financial obligations
C Increased reliance on foreign aid
D Growing trade deficit
2937.
A strong foreign exchange reserve position enhances the central bank's flexibility in:
A Increasing inflation
B Managing the exchange rate and maintaining macroeconomic stability
C Reducing foreign investment
D Increasing import duties
2938.
Besides foreign currency assets, what other components contribute to India's foreign exchange reserves?
A Government bonds and corporate debt
B Gold reserves and special drawing rights (SDRs)
C Domestic currency and real estate
D Commodity futures and derivatives
2939.
The RBI's active management of the foreign exchange market contributes to:
A Increased currency volatility
B Depletion of reserves
C Build-up of reserves
D Reduced investor confidence
2940.
What is a primary benefit of substantial foreign exchange reserves?
A Increased currency depreciation
B Reduced capacity to manage import bills
C A strong buffer against external shocks
D Decreased investor confidence