MCQs - 2026-04

An increase in the policy repo rate makes borrowing more expensive, leading to higher interest rates on loans for consumers and businesses.

The Policy Repo Rate is the key rate decided by the MPC. While CRR and SLR are also monetary tools, their specific rates are determined by the RBI, not directly by the MPC's policy decisions in the same manner as the repo rate.

The RBI's mandate, as executed by the MPC, is to maintain price stability while ensuring that the policy supports economic growth.

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is mandated to determine the policy repo rate required to effectively control the inflation rate.

The successful implementation of such an initiative is expected to lead to improved health outcomes for millions and reduce health disparities across the population.

Statement 1 is incorrect; while traditional medicine is important, 'Health for All' is a broader initiative focusing on universal health coverage, including primary healthcare and digital infrastructure. Statement 2 is correct as the initiative aims to improve primary healthcare access and digital health infrastructure.

The Ministry of Health and Family Welfare is the nodal ministry for public health policies and initiatives like 'Health for All' in India.

World Health Day celebrates the founding of the World Health Organization (WHO) in 1948.

World Health Day is observed globally on April 7th each year, marking the anniversary of the founding of the World Health Organization (WHO).

Increased integration of homoeopathy is expected to offer diverse treatment options to patients and potentially reduce healthcare costs in certain areas, contributing to a more holistic approach to health.