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MCQs - 2026-04

1401.
What is the significance of 'data localization' in the context of e-commerce policy?
A Storing user data in servers located outside the country.
B Requiring that data collected within India be stored on servers located within India.
C Allowing unrestricted access to user data by foreign entities.
D Eliminating the need for data privacy regulations.
1402.
The regulations on 'deep discounting' in e-commerce are primarily intended to:
A Encourage aggressive price wars among all sellers.
B Harm smaller sellers and promote monopolies.
C Create a level playing field and prevent unfair advantages for large platforms.
D Increase the overall cost of goods for consumers.
1403.
Which of the following is a key objective of India's recent e-commerce policy reforms?
A To exclusively promote large e-commerce marketplaces.
B To ensure fair competition, consumer protection, and data privacy.
C To discourage the use of digital payments.
D To limit the participation of small and medium-sized enterprises (SMEs).
1404.
What does it mean for the RBI to 'anchor inflation expectations'?
A To encourage people to expect higher inflation.
B To influence public and business expectations about future inflation to keep them stable and aligned with the target.
C To ignore public expectations about inflation.
D To allow inflation expectations to rise unchecked.
1405.
The RBI's target band for Consumer Price Index (CPI) inflation in India is currently:
A 0-2%
B 2-6%
C 4-8%
D 6-10%
1406.
Persistent high inflation can lead to which of the following consequences?
A Increased purchasing power of money
B Erosion of purchasing power and reduced savings
C Stimulation of long-term investment
D Economic stability
1407.
Which of the following is a key tool used by the RBI to manage liquidity and influence interest rates in the economy?
A Fiscal Deficit
B Repo Rate
C Gross Domestic Product (GDP)
D Balance of Trade
1408.
What is the primary objective of the Reserve Bank of India (RBI) regarding inflation?
A To maintain a high rate of inflation to stimulate spending.
B To ensure price stability by keeping inflation within a target band.
C To encourage deflation to increase purchasing power.
D To allow inflation to fluctuate freely without intervention.
1409.
A more resilient supply chain for India can lead to:
A Increased inflationary pressures
B Reduced availability of essential goods
C Greater economic independence and reduced vulnerability to single-country risks
D Decreased job creation
1410.
What is a potential challenge for India in fully capitalizing on its strategic positioning in global supply chains?
A Excessive foreign investment
B Need for further improvements in logistics and reduction of regulatory hurdles
C Over-reliance on domestic demand
D Lack of government support