MCQs - 2026-05

The repo rate is the interest rate at which the Reserve Bank of India (RBI) lends money to commercial banks, usually against the collateral of government securities. It is a key tool for monetary policy.

Maintaining the repo rate often signifies a 'neutral' or 'calibrated' stance, indicating that the MPC is neither aggressively trying to stimulate growth nor aggressively fighting inflation, but rather observing the evolving economic conditions.

The primary mandate of the MPC is to maintain price stability while keeping in mind the objective of growth. Keeping the repo rate unchanged often signals a cautious approach to managing inflation.

The Security Council has primary responsibility for the maintenance of international peace and security.

The five permanent members of the UN Security Council are China, France, Russia, the United Kingdom, and the United States.

The topic explicitly states that the UN Security Council will discuss Escalating Conflicts and Humanitarian Aid.

The World Health Assembly is the supreme decision-making body of WHO, responsible for determining its policies.

The topic explicitly states that the World Health Assembly will address Pandemic Preparedness and Health Systems.

The World Health Assembly is the decision-making body of the World Health Organization (WHO).

The G7 members are Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. Russia was part of the G8 but was suspended.