MCQs 2026

The RBI's primary mandate includes maintaining price stability, which means closely monitoring inflation, especially during periods of economic recovery when demand can push prices up.

A strong PMI is usually driven by positive trends in new orders, production output, and employment within the manufacturing sector.

A PMI value above 50 indicates an expansion in manufacturing activity, while a value below 50 suggests a contraction. A reading of 50 indicates no change.

The Purchasing Managers' Index (PMI) is a key economic indicator that provides insights into the health of the manufacturing and services sectors. A strong PMI indicates expansion.

The G7 works closely with the IMF and World Bank to monitor global economic trends and ensure financial stability.

G7 leaders emphasize managing debt sustainability and financial stability to prevent global economic crises.

The G7 aims to diversify supply chains to prevent economic shocks caused by over-reliance on specific regions or countries.

Funding is primarily sourced from voluntary contributions by developed nations and support from multilateral development banks.

The initiative specifically targets SIDS and LDCs, as they are disproportionately affected by climate change despite contributing the least to global emissions.