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MCQs - 2026-04

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1991.
Which of the following products are specifically targeted by the new PLI scheme?
A Textile machinery and apparel.
B Automobile components and electric vehicles.
C High-end servers, quantum computing components, and advanced display technologies.
D Pharmaceuticals and medical devices.
1992.
What is the total outlay for the new PLI scheme for Advanced Electronics Manufacturing over five years?
A ₹5,000 crore
B ₹10,000 crore
C ₹15,000 crore
D ₹20,000 crore
1993.
What is the primary objective of the new PLI scheme for Advanced Electronics Manufacturing?
A To promote agricultural exports.
B To boost local production, create jobs, and integrate India into global supply chains in electronics.
C To provide subsidies for small and medium enterprises in traditional sectors.
D To reduce the cost of imported electronic goods for consumers.
1994.
Which ministry announced the new PLI scheme for Advanced Electronics Manufacturing?
A Ministry of Finance
B Ministry of Commerce and Industry
C Ministry of Electronics and Information Technology (MeitY)
D Ministry of Heavy Industries
1995.
The RBI's primary focus, as mentioned in the background, has been on:
A Maximizing economic growth at any cost.
B Aligning inflation with the target while supporting growth.
C Maintaining a fixed exchange rate for the Rupee.
D Prioritizing export-led growth over domestic demand.
1996.
What is a likely impact of the RBI's decision to maintain the repo rate?
A Increased volatility in the stock market.
B Reduced predictability for businesses and borrowers.
C Encouragement for investment and consumption due to stability.
D A significant drop in inflation expectations.
1997.
The RBI MPC's stance of 'withdrawal of accommodation' implies:
A An immediate plan for significant rate cuts.
B A commitment to further ease monetary policy.
C That future rate cuts are not imminent, keeping borrowing costs elevated.
D A shift towards a more accommodative monetary policy.
1998.
Which of the following factors primarily influenced the RBI's decision to maintain the repo rate?
A Sharp decline in global crude oil prices.
B Persistent, albeit moderating, core inflation and robust domestic demand.
C Significant depreciation of the Indian Rupee.
D A sudden surge in foreign portfolio investments.
1999.
What was the primary decision of the RBI's Monetary Policy Committee (MPC) in its April 10, 2026 review?
A Increased the repo rate by 25 basis points.
B Decreased the repo rate by 25 basis points.
C Maintained the repo rate at 6.50%.
D Announced a special liquidity injection.
2000.
The defence cooperation between India and France is considered a cornerstone of their:
A Trade agreement
B Strategic partnership
C Environmental pact
D Cultural alliance
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