MCQs - 2026-05

Boosting domestic manufacturing typically leads to the creation of more jobs within the country as production scales up, contributing to economic growth and development.

Production-Linked Incentives (PLI) are a key fiscal tool used by governments to encourage domestic manufacturing by providing incentives based on incremental production.

Fiscal incentives like tax breaks or subsidies are designed to encourage domestic production, thereby supporting initiatives like 'Make in India' and potentially leading to higher exports.

Food and beverages constitute a significant portion of the CPI basket, and their price fluctuations have a substantial impact on the overall retail inflation rate.

When retail inflation drops, it means that the prices of goods and services are rising at a slower pace, which generally leads to an increase in the real purchasing power of consumers.

The Consumer Price Index (CPI) is the widely accepted measure for retail inflation in India, reflecting changes in the prices of a basket of goods and services consumed by households.

State sovereignty in cyberspace implies that nations have the authority to regulate and protect their digital infrastructure and data within their borders.

Critics argue that the treaty's broad definitions could be misused by authoritarian regimes to criminalize legitimate online activities and dissent.

The UN General Assembly established an Ad Hoc Committee to elaborate a comprehensive international convention on countering the use of information and communications technologies for criminal purposes.

The TTC is designed to provide political steer and the necessary structure to operationalize political decisions and coordinate technical work on trade and technology.