MCQs 2026

The Index of Industrial Production (IIP) is an index that details out the growth of various sectors in an economy such as mining, electricity, and manufacturing.

The government has set an inflation target of 4% for the Consumer Price Index (CPI) with a tolerance band of +/- 2%.

Maintaining status quo allows the RBI to monitor inflation while ensuring that economic growth is not stifled by high interest rates.

The Monetary Policy Committee (MPC) of the RBI is mandated to fix the benchmark policy rate (Repo Rate) to contain inflation.

GDP growth reflects the increase in the value of goods and services produced within a country, indicating expanded economic activity.

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

Robust domestic demand, including private consumption and investment, is the primary engine of India's current economic growth.

International conferences often result in enhanced cooperation, shared strategies, and recommendations for policy implementation rather than immediate binding treaties.

The question explicitly states that the conference concluded in Geneva.

Global water security focuses on the availability, accessibility, and quality of water resources for human and ecological needs.