Current Affairs & MCQs
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MCQs - 2026-04

1021.
A credible fiscal consolidation path primarily instills confidence among which group?
A Only domestic consumers
B Only small and medium enterprises
C Domestic and international investors
D Only government employees
1022.
Increased public investment in infrastructure is expected to create which of the following effects?
A A negative multiplier effect
B A crowding out effect on private investment
C A multiplier effect, stimulating demand and employment
D Increased inflation without corresponding growth
1023.
Robust revenue collections, particularly from which source, are providing the necessary fiscal space for government investments?
A Income Tax
B Corporate Tax
C Goods and Services Tax (GST)
D Customs Duty
1024.
What is the projected fiscal deficit target for India by FY26, as mentioned in the current context?
A Below 3% of GDP
B Towards 4.5% of GDP
C Around 5.5% of GDP
D Above 6% of GDP
1025.
What has been a key strategy within the government's fiscal consolidation roadmap to drive economic growth?
A Reducing capital expenditure to control spending
B Sustained increase in capital expenditure, particularly in infrastructure
C Increasing revenue expenditure on subsidies
D Privatizing all public sector undertakings immediately
1026.
What is one of the key outcomes of the PLI schemes regarding India's role in global supply chains?
A Increased isolation from global supply chains
B Facilitating integration into global supply chains
C Shifting focus entirely to domestic consumption
D Promoting only raw material exports
1027.
The PLI schemes are instrumental in driving which of the following government initiatives?
A Digital India
B Swachh Bharat Abhiyan
C Make in India
D Skill India Mission
1028.
Which of the following sectors are specifically mentioned as demonstrating significant success under the PLI schemes by April 2026?
A 1. Electronics 2. Pharmaceuticals 3. Automotive 4. Textiles
B 1, 2 and 3 only
C 1, 3 and 4 only
D 2, 3 and 4 only
1029.
How many key sectors were initially covered under the PLI schemes?
A 8
B 10
C 12
D 14
1030.
What is the primary objective of the Production Linked Incentive (PLI) schemes?
A To promote agricultural exports
B To boost domestic manufacturing and reduce import dependence
C To provide subsidies for service sector companies
D To regulate foreign direct investment