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MCQs 2026

71.
When the RBI aims to control inflation, which of the following monetary policy tools is it most likely to use to reduce the money supply in the economy?
A Reducing the Cash Reserve Ratio (CRR)
B Increasing the Statutory Liquidity Ratio (SLR)
C Selling government securities in the open market
D Reducing the repo rate
72.
What is the current primary objective of the Reserve Bank of India's (RBI) monetary policy, as mandated by the Monetary Policy Framework?
A To maximize economic growth
B To maintain price stability while keeping in mind the objective of growth
C To reduce unemployment to the lowest possible level
D To manage the exchange rate of the Indian Rupee
73.
What is the general consensus among economists regarding India's GDP growth in FY26 compared to other major economies?
A India is expected to grow at a slower pace than most developed economies.
B India is projected to be one of the fastest-growing major economies.
C India's growth rate will be similar to that of China.
D India's growth will be significantly hampered by external factors.
74.
Which of the following factors is NOT typically cited as a primary driver for India's projected GDP growth in FY26?
A Strong domestic demand and consumption
B Government capital expenditure and infrastructure development
C A significant decline in global trade volumes
D Resilient services sector performance
75.
According to recent projections by major international financial institutions, what is the estimated GDP growth rate for India in the fiscal year 2025-26 (FY26)?
A Around 6.0%
B Around 6.5%
C Around 7.0%
D Around 7.5%
76.
The G7 infrastructure initiative focuses on which of the following areas?
A Climate change and energy security
B Digital connectivity
C Health and gender equality
D All of the above
77.
Which of the following countries is NOT a member of the G7?
A Canada
B Italy
C India
D Japan
78.
What is the primary objective of the G7's 'Partnership for Global Infrastructure and Investment' (PGII)?
A To provide military aid to developing nations
B To counter China's Belt and Road Initiative through sustainable infrastructure funding
C To establish a global currency
D To regulate global internet traffic
79.
Which of the following is NOT a permanent member of the UN Security Council?
A France
B China
C Germany
D Russia
80.
How many non-permanent members are currently elected to the UN Security Council for a two-year term?
A 5
B 10
C 15
D 20
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