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MCQs - 2026-05

161.
Which ministry is typically responsible for launching export-related initiatives like GMAI 2.0?
A Ministry of Finance
B Ministry of Commerce and Industry
C Ministry of External Affairs
D Ministry of MSME
162.
What is the primary goal of the 'Global Market Access Initiative 2.0'?
A To increase domestic consumption
B To boost India's exports
C To reduce import duties
D To promote digital literacy
163.
What is the primary objective of maintaining a stable Repo Rate?
A To increase fiscal deficit
B To manage inflation and support growth
C To decrease foreign exchange reserves
D To privatize public sector banks
164.
Which committee is responsible for deciding the Repo Rate in India?
A Monetary Policy Committee (MPC)
B Economic Advisory Council
C Finance Commission
D NITI Aayog
165.
What is the current Repo Rate maintained by the Reserve Bank of India (RBI)?
A 6.0%
B 6.25%
C 6.5%
D 6.75%
166.
The G7 leaders' discussion on enhanced cooperation is particularly relevant to which global challenges?
A Climate change impacts and energy supply stability
B Economic sanctions and geopolitical tensions
C Technological innovation and digital transformation
D Global health crises and pandemic response
167.
What is a primary objective of the enhanced cooperation discussed by G7 leaders regarding environmental and resource management?
A Accelerating climate action and ensuring energy security
B Promoting fossil fuel exploration
C Reducing international trade barriers
D Developing new space technologies
168.
G7 leaders recently convened to discuss enhanced cooperation on which two critical global issues?
A Climate Action and Energy Security
B Global Trade and Financial Stability
C Cybersecurity and Digital Privacy
D Space Exploration and Defense
169.
What is the anticipated theme for the 2026 G7 Summit concerning economic and technological advancements?
A Digital Governance and Economic Resilience
B Sustainable Development Goals
C Global Supply Chain Optimization
D Innovation in Healthcare Technology
170.
The G7 Summit in 2026 aims to strengthen international cooperation in which of the following domains?
A Digital Governance and Economic Stability
B Artificial Intelligence and Cybersecurity
C Trade Policies and Tariffs
D Cultural Exchange Programs
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