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MCQs - 2026-04

3321.
The RBI's Monetary Policy Committee (MPC) decided to maintain the repo rate for which consecutive meeting?
A Third
B Fifth
C Seventh
D Ninth
3322.
The RBI's target band for inflation is:
A 1-4%
B 2-6%
C 3-7%
D 4-8%
3323.
What is the current benchmark repo rate maintained by the Reserve Bank of India (RBI)?
A 6.0%
B 6.5%
C 7.0%
D 5.5%
3324.
While the economy is growing, what remains a point of monitoring for the Indian economy?
A Unemployment rate
B Inflation
C Fiscal deficit
D Current account deficit
3325.
Which of the following is mentioned as a factor fueling private consumption in India?
A Declining disposable income
B Growing middle class and favorable demographics
C Increased unemployment rates
D Reduced access to credit
3326.
What is a potential positive outcome of India's strong economic performance?
A Reduced foreign direct investment
B Strengthened position in global trade
C Increased reliance on imports
D Slowdown in technological adoption
3327.
The sustained economic expansion in India is attributed to a confluence of factors, including:
A Decreased foreign investment and reduced capital expenditure
B Strong domestic consumption, increased capital expenditure, and sector rebounds
C Inflationary pressures and a decline in manufacturing
D Reduced government spending and a slowdown in services
3328.
What is a significant factor contributing to the growth of the services sector in India?
A Reduced internet penetration
B Advancements in technology and digitalization
C Decreased demand for skilled services
D Stagnation in the IT industry
3329.
Which institution had revised its growth projections upwards for India, acknowledging its economic resilience?
A World Trade Organization (WTO)
B International Monetary Fund (IMF)
C Reserve Bank of India (RBI) and international financial institutions
D United Nations Development Programme (UNDP)
3330.
Production Linked Incentive (PLI) schemes in India are designed to encourage:
A Import of goods
B Domestic production and exports
C Service sector growth only
D Agricultural subsidies