Current Affairs & MCQs
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31.
A scheme like 'Global Market Access' is likely to provide support to Indian exporters in areas such as:
A Domestic logistics and warehousing only.
B International market research, trade fair participation, and regulatory compliance.
C Import financing and customs duty reduction.
D Skill development for non-export related industries.
32.
Which ministry is typically responsible for launching export promotion schemes in India?
A Ministry of Finance
B Ministry of Commerce and Industry
C Ministry of External Affairs
D Ministry of Home Affairs
33.
The 'Global Market Access' scheme launched by India aims to primarily:
A Reduce imports into India.
B Boost India's exports to global markets.
C Attract foreign direct investment.
D Promote domestic tourism.
34.
Easing inflation concerns, as mentioned in the context of the RBI's repo rate decision, typically implies:
A Rising prices are accelerating rapidly.
B The rate of price increase is slowing down.
C Deflationary pressures are dominant.
D Economic growth has stalled.
35.
When the RBI decides to maintain the repo rate, it generally indicates a stance of:
A Aggressive monetary tightening
B Accommodative monetary policy
C Neutral monetary policy
D Monetary easing
36.
What is the primary tool used by the Reserve Bank of India (RBI) to control inflation and manage liquidity in the economy?
A Fiscal Deficit
B Repo Rate
C Gross Domestic Product (GDP)
D Balance of Payments
37.
Which of the following is a key objective of the EU's digital trade strategy?
A Promoting digital sovereignty and consumer protection
B Increasing tariffs on all digital imports
C Banning all foreign digital services
D Eliminating all data privacy laws
38.
The EU's Digital Markets Act (DMA) primarily targets which category of companies?
A Small and Medium Enterprises (SMEs)
B Gatekeeper platforms
C Government-owned tech firms
D Non-profit research organizations
39.
What is the primary regulation governing digital services and trade within the European Union?
A Digital Services Act (DSA)
B General Data Protection Regulation (GDPR)
C Digital Markets Act (DMA)
D Both A and C
40.
Which island nation is the Maldives located in, making it a strategic partner for India's 'SAGAR' vision?
A Pacific Ocean
B Indian Ocean
C Atlantic Ocean
D Arctic Ocean