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MCQs - 2026-04

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1701.
What was the trade deficit in March 2024?
A $15.6 billion
B $18.8 billion
C $20.1 billion
D $22.5 billion
1702.
How did India's imports perform in March 2024 compared to exports?
A Imports decreased while exports increased
B Both imports and exports increased
C Imports decreased and exports decreased
D Imports increased while exports decreased
1703.
What was the value of India's merchandise exports in March 2024?
A $40.2 billion
B $41.4 billion
C $42.0 billion
D $43.5 billion
1704.
What was the percentage increase in India's merchandise exports in March 2024?
A 0.06%
B 0.66%
C 1.07%
D 1.66%
1705.
What does the 'withdrawal of accommodation' stance generally indicate?
A An immediate easing of monetary conditions
B A continued focus on controlling inflation
C A significant reduction in the policy repo rate
D An aggressive push for economic expansion
1706.
What is the primary objective of the RBI's monetary policy stance?
A To increase the fiscal deficit
B To ensure inflation aligns with the target while supporting growth
C To boost short-term market liquidity
D To reduce the exchange rate volatility
1707.
What is the current monetary policy stance adopted by the RBI?
A Accommodative
B Neutral
C Withdrawal of accommodation
D Tightening
1708.
For how many consecutive times has the RBI maintained the repo rate at its current level?
A Fourth
B Fifth
C Sixth
D Seventh
1709.
What is the current policy repo rate maintained by the RBI?
A 6.00%
B 6.25%
C 6.50%
D 6.75%
1710.
Which category of goods saw elevated inflation despite the overall moderation?
A Vegetables
B Cereals and pulses
C Edible oils
D Dairy products
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