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MCQs - 2026-04

1891.
For competitive exams, the strong performance of the manufacturing sector highlights:
A The declining importance of exports for India
B The success of government initiatives and India's potential as a manufacturing hub
C The challenges faced by the agricultural sector
D The need for increased reliance on imported goods
1892.
Production Linked Incentive (PLI) schemes are primarily aimed at:
A Increasing the import of finished goods
B Boosting domestic manufacturing and exports in specific sectors
C Reducing the cost of raw materials
D Encouraging the growth of the services sector
1893.
The Purchasing Managers' Index (PMI) for manufacturing reaching a multi-year high indicates:
A A contraction in manufacturing activity
B A significant expansion in manufacturing activity
C Stagnation in the manufacturing sector
D A decline in new orders for manufactured goods
1894.
Which of the following factors has contributed to the recent surge in India's manufacturing sector?
A Decreased domestic demand and increased import reliance
B Favorable government policies like PLI schemes and increased domestic demand
C Global economic recession and reduced foreign investment
D Stagnation in technological advancements
1895.
The 'Make in India' initiative was launched with the primary objective of:
A Promoting the services sector
B Transforming India into a global manufacturing hub
C Increasing agricultural exports
D Encouraging foreign tourism
1896.
For competitive exams, understanding the RBI's monetary policy is important for assessing:
A India's foreign policy decisions
B The trajectory of interest rates and their impact on the economy
C The performance of the stock market
D The country's defense spending
1897.
The RBI's current monetary policy stance can be described as:
A Aggressively accommodative
B Hawkish, with a focus on rate hikes
C Cautious, balancing inflation and growth
D Neutral, with no significant intervention
1898.
Which of the following is a key policy tool used by the RBI's MPC to manage liquidity and inflation?
A Fiscal Deficit
B Repo Rate
C Gross Domestic Product (GDP)
D Consumer Price Index (CPI)
1899.
The RBI's Monetary Policy Committee (MPC) has decided to maintain its key policy rates. What is the primary reason cited for this decision?
A To aggressively stimulate economic growth
B To combat rising inflation and support economic recovery
C To address a potential liquidity crunch in the banking system
D To align with global interest rate trends
1900.
What is the primary mandate of the Reserve Bank of India (RBI)?
A To manage foreign exchange reserves and control inflation
B To maintain price stability and keep in mind the objective of growth
C To regulate the banking sector and ensure financial stability
D To facilitate international trade and investment