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Current Affairs & MCQs
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MCQs - 2026-04

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1711.
What is a significant implication of easing inflation for the Reserve Bank of India (RBI)?
A To immediately increase the repo rate
B To maintain the current monetary policy stance
C To focus solely on increasing exports
D To reduce government spending
1712.
The Consumer Price Index (CPI) is used to measure which economic indicator?
A Gross Domestic Product (GDP)
B Wholesale Price Index (WPI)
C Retail Inflation
D Unemployment Rate
1713.
Which factor primarily contributed to the moderation in retail inflation in March 2024?
A Increase in fuel prices
B Rise in manufactured goods prices
C Slowdown in food price increases
D Higher services inflation
1714.
What was India's retail inflation rate in March 2024?
A 5.09%
B 4.85%
C 4.50%
D 5.20%
1715.
The G20 FMCBG meeting in April 2026 coincided with which other major international events?
A The UN General Assembly session.
B The World Economic Forum annual meeting.
C The IMF and World Bank Spring Meetings.
D The G7 Leaders' Summit.
1716.
What is a potential impact of coordinated efforts on debt relief and sustainable finance by the G20?
A Increased global inflation.
B Prevention of financial crises and promotion of resilient growth.
C Reduced international trade.
D Decreased investment in developing nations.
1717.
Which of the following was NOT a key agenda item at the G20 FMCBG meeting in April 2026?
A Strategies to mitigate global inflation.
B Addressing rising sovereign debt in developing nations.
C Advancing climate finance commitments.
D Discussing international sports regulations.
1718.
Where did the G20 FMCBG convene in mid-April 2026?
A New York
B London
C Washington D.C.
D Geneva
1719.
Which group of officials typically attends the G20 FMCBG meetings?
A Foreign Ministers and Defense Chiefs.
B Finance Ministers and Central Bank Governors.
C Trade Representatives and Environment Ministers.
D Heads of State and Government.
1720.
According to the background, why do many member states argue for UNSC reform?
A To reduce the UN's overall budget.
B Because its current composition does not adequately represent the global community.
C To shift the UN headquarters to a new location.
D To abolish the concept of permanent membership entirely.
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