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MCQs - 2026-04

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English
5631.
Phase II of the National Green Hydrogen Mission aims to position India as a global hub for:
A Fossil fuel extraction
B Green hydrogen production and export
C Nuclear energy
D Coal mining
5632.
What is the primary target for India's domestic green hydrogen production capacity by 2030 under Phase II of the mission?
A 2 MMT
B 3 MMT
C 5 MMT
D 7 MMT
5633.
The term 'external shocks' in economics refers to:
A Internal political instability
B Unexpected events originating from outside the domestic economy
C Natural disasters within the country
D Changes in domestic consumer behavior
5634.
What does 'balance of payments' refer to in the context of foreign exchange reserves?
A The country's internal debt
B The difference between a country's imports and exports of goods and services
C The total value of domestic currency
D The country's stock market performance
5635.
The record high in foreign exchange reserves is a positive indicator of India's:
A Economic weakness
B Ability to meet international financial obligations
C Increased reliance on foreign aid
D Growing trade deficit
5636.
A strong foreign exchange reserve position enhances the central bank's flexibility in:
A Increasing inflation
B Managing the exchange rate and maintaining macroeconomic stability
C Reducing foreign investment
D Increasing import duties
5637.
Besides foreign currency assets, what other components contribute to India's foreign exchange reserves?
A Government bonds and corporate debt
B Gold reserves and special drawing rights (SDRs)
C Domestic currency and real estate
D Commodity futures and derivatives
5638.
The RBI's active management of the foreign exchange market contributes to:
A Increased currency volatility
B Depletion of reserves
C Build-up of reserves
D Reduced investor confidence
5639.
What is a primary benefit of substantial foreign exchange reserves?
A Increased currency depreciation
B Reduced capacity to manage import bills
C A strong buffer against external shocks
D Decreased investor confidence
5640.
Which of the following is NOT mentioned as a factor contributing to the surge in foreign exchange reserves?
A Growth in remittances
B Sustained FDI and FPI inflows
C Unfavorable balance of payments
D RBI's management of the forex market