MCQs - 2026-05

Maintaining 'status quo' in monetary policy means that the central bank decides to keep the existing policy rates, such as the repo rate, unchanged.

Increased household consumption and private investment are direct components and strong indicators of robust domestic demand, signaling confidence and spending within the economy.

Robust domestic demand primarily refers to the total demand for goods and services within a country, which is largely driven by private consumption (household spending) and government spending (public consumption and investment).

The topic explicitly states 'Robust Domestic Demand' as a key factor contributing to India's strong GDP growth. Domestic demand includes private consumption and investment.

The dialogue addresses a wide range of maritime security issues, including piracy, terrorism, smuggling, environmental degradation, and natural disaster response, which are often transnational in nature.

India seeks to foster a secure, stable, and rules-based maritime environment in the Indo-Pacific, aligning with ASEAN's vision for regional security.

The dialogue focuses on shared maritime challenges such as piracy, smuggling, illegal fishing, and ensuring freedom of navigation in the Indo-Pacific region.

The 'Uniting for Consensus' group generally opposes the creation of new permanent seats, advocating instead for an expansion of non-permanent membership.

The G4 nations (Brazil, Germany, India, and Japan) are seeking permanent membership in the UN Security Council to better reflect contemporary global realities.

The expansion of permanent membership and the associated issue of veto power for new permanent members are central to the reform debates, with differing views among member states.