MCQs - 2026-04

The passage mentions recapitalization of PSBs, implementation of IBC, and stringent asset quality reviews as measures. Reducing interest rates on all loans is a monetary policy tool, not a direct NPA resolution measure.

The passage states, 'Strategically, it enhances India's geopolitical importance and reduces its vulnerability to external supply shocks'.

The 'Impact/Significance' section states, 'It significantly boosts the 'Make in India' initiative'.

The passage lists PLI schemes, improving ease of doing business, and upgrading logistics infrastructure as factors. Increasing import tariffs on all goods would generally hinder, not help, attractiveness as a sourcing hub.

The passage mentions that multinational corporations are adopting a 'China Plus One' strategy to de-risk their operations.

The passage states, 'The vulnerabilities inherent in concentrated global supply chains became starkly evident during the COVID-19 pandemic and were further exacerbated by geopolitical tensions'.

The passage states, 'A credible fiscal consolidation path, on the other hand, instills confidence among domestic and international investors'.

The 'Impact/Significance' section states, 'Increased public investment in infrastructure creates a multiplier effect, stimulating demand, generating employment, and crowding in private sector investment'.

The passage mentions, 'Revenue collections, particularly from GST, remain robust'.

The passage states, 'projections indicating a reduction towards 4.5% of GDP by FY26'.