MCQs - 2026-04

Increasing import tariffs on all goods would generally be considered protectionist rather than a structural reform aimed at improving the overall economic environment and competitiveness.

Sustained high GDP growth projections indicate India's economic resilience and its growing potential to become a significant global economic player, which is a key aspect for exam preparation.

The 'Make in India' initiative and PLI schemes are specifically designed to encourage domestic manufacturing, attract foreign investment in manufacturing, and enhance the competitiveness of Indian manufacturers.

Robust domestic demand, driven by consumption and investment, coupled with sustained government capital expenditure on infrastructure, are identified as primary drivers for India's projected GDP growth in FY27.

The accord was signed by over 70 nations, indicating broad international participation.

Due to the global reach of cyber threats, international cooperation is essential for effective cybersecurity.

The agreement includes commitments to cooperate in prosecuting cybercriminals and to share threat intelligence more effectively among signatory nations.

A core commitment within the accord is that signatory nations will not conduct or knowingly support cyber activity that intentionally damages critical infrastructure.

The accord specifically targets ransomware attacks and state-sponsored cyber operations that pose a threat to critical infrastructure.

The growing influence of BRICS and its financial institutions like the NDB is contributing to a shift towards a more multipolar global financial system.