MCQs 2026

The primary objective of RBI's monetary policy is to maintain price stability, while keeping in mind the objective of growth, as mandated by the government.

The statement explicitly mentions 'Amidst Inflation Concerns' as the reason for the RBI maintaining status quo on its monetary policy.

The Repo Rate is the primary policy rate that the RBI uses to influence liquidity and inflation in the economy. Maintaining status quo usually refers to keeping the Repo Rate unchanged.

Private Final Consumption Expenditure (PFCE) is the largest component of GDP and is directly driven by domestic demand from households. While Gross Fixed Capital Formation (investment) is also part of domestic demand, PFCE represents direct consumption.

Robust domestic demand typically signifies healthy consumer spending and business investment within the country, contributing to overall economic activity.

The statement explicitly mentions 'Robust Domestic Demand' as the reason for India's strong GDP growth.

The resolutions focus on facilitating the unimpeded delivery of humanitarian aid, including food, water, medicine, and shelter, to the affected population.

The UN Security Council is the body that adopted the resolution concerning the humanitarian situation and aid in Gaza.

The resolution specifically emphasizes the critical and urgent need for humanitarian aid to reach Gaza.

An immediate ceasefire means an immediate cessation of all fighting and hostile actions between the parties involved.