MCQs - 2026-04

INS Vikrant, India's first indigenous aircraft carrier, was built by Cochin Shipyard Limited (CSL).

Improved infrastructure leads to reduced transit times and costs, enhancing export competitiveness and attracting FDI, rather than increasing reliance on imports.

Increased government spending on infrastructure is expected to have a multiplier effect on the economy, creating jobs, stimulating demand for construction materials, and improving the efficiency of businesses.

The government is also encouraging private sector participation through various models like Public-Private Partnerships (PPPs) and innovative financing mechanisms.

This includes a strong emphasis on expanding the National Highways network, modernizing railway infrastructure, developing multimodal logistics parks, and enhancing port capacity.

Infrastructure development has been a cornerstone of India's economic strategy, aimed at improving connectivity, reducing logistics costs, and boosting overall productivity.

Sustained growth is crucial for achieving the government's target of becoming a developed economy by 2047.

The Reserve Bank of India (RBI) and the Ministry of Finance are closely monitoring these trends to formulate appropriate monetary and fiscal policies.

Strong GDP growth is expected to lead to increased job creation, higher per capita income, and improved living standards.

The projections are based on sustained domestic demand, robust investment in infrastructure, and a gradual recovery in global trade.