MCQs - 2026-05

Robust GDP growth reflects an increase in the production of goods and services, driven by higher industrial output and consumer demand.

India's financial year runs from April 1 to March 31. Q4 corresponds to the final quarter, which is January to March.

The National Statistical Office (NSO), under the Ministry of Statistics and Programme Implementation, is responsible for releasing GDP data in India.

The Governor of the Reserve Bank of India serves as the ex-officio Chairperson of the Monetary Policy Committee.

A higher repo rate makes borrowing expensive, which reduces money supply in the economy and helps in curbing inflation.

The Monetary Policy Committee (MPC) is a statutory body under the RBI Act, 1934, responsible for fixing the benchmark interest rate in India.

WHO consistently advocates for robust surveillance systems, rapid information sharing, and equitable access to vaccines, diagnostics, and treatments as key pillars of pandemic preparedness.

The main objective of such summits is to strengthen global health security by improving countries' abilities to prevent, detect, and respond effectively to future pandemics.

The World Health Organization (WHO) is the leading global authority on public health and is responsible for coordinating international efforts on pandemic preparedness and response.

Geopolitical tensions, high inflation, and rising interest rates are frequently highlighted by the IMF as major headwinds for global economic growth in its reports.