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MCQs - 2026-04

331.
What is a strategic implication of India's enhanced role in global supply chains?
A Increased vulnerability to external supply shocks
B Reduced geopolitical importance
C Enhanced geopolitical importance and reduced vulnerability to external supply shocks
D Exclusive focus on domestic market consumption
332.
India's growing role in global supply chain diversification primarily boosts which government initiative?
A Digital India
B Swachh Bharat Abhiyan
C Make in India
D Smart Cities Mission
333.
Which of the following are contributing to India's attractiveness as an alternative manufacturing and sourcing hub?
A 1. Production Linked Incentive (PLI) schemes 2. Improving ease of doing business 3. Upgrading logistics infrastructure 4. Increasing import tariffs on all goods
B 1, 2 and 3 only
C 1, 3 and 4 only
D 2, 3 and 4 only
334.
What strategy are many multinational corporations adopting to de-risk their operations in global supply chains?
A Localization strategy
B China Plus One strategy
C Global consolidation strategy
D Just-in-time inventory strategy
335.
Which of the following events primarily highlighted the vulnerabilities in concentrated global supply chains?
A The 2008 Global Financial Crisis
B The COVID-19 pandemic and geopolitical tensions
C The dot-com bubble burst in 2000
D The formation of the European Union
336.
A credible fiscal consolidation path primarily instills confidence among which group?
A Only domestic consumers
B Only small and medium enterprises
C Domestic and international investors
D Only government employees
337.
Increased public investment in infrastructure is expected to create which of the following effects?
A A negative multiplier effect
B A crowding out effect on private investment
C A multiplier effect, stimulating demand and employment
D Increased inflation without corresponding growth
338.
Robust revenue collections, particularly from which source, are providing the necessary fiscal space for government investments?
A Income Tax
B Corporate Tax
C Goods and Services Tax (GST)
D Customs Duty
339.
What is the projected fiscal deficit target for India by FY26, as mentioned in the current context?
A Below 3% of GDP
B Towards 4.5% of GDP
C Around 5.5% of GDP
D Above 6% of GDP
340.
What has been a key strategy within the government's fiscal consolidation roadmap to drive economic growth?
A Reducing capital expenditure to control spending
B Sustained increase in capital expenditure, particularly in infrastructure
C Increasing revenue expenditure on subsidies
D Privatizing all public sector undertakings immediately