MCQs - 2026-05

Agni-V is an indigenously developed surface-to-surface ICBM with a range of over 5,000 km, capable of reaching almost all of Asia and parts of Europe.

Vyommitra is the name of the female humanoid robot developed by ISRO to participate in uncrewed Gaganyaan test flights, simulating human functions.

The LVM3 (Launch Vehicle Mark-3), previously known as GSLV Mk-III, is the designated launch vehicle for the Gaganyaan mission, capable of carrying the heavy orbital module into space.

The uncrewed test flight (TV-D1) is specifically designed to demonstrate the crew escape system and validate the parachute deployment sequence for the Gaganyaan mission.

Monetary policy transmission is the process through which the RBI's policy actions (like changes in repo rate) influence broader financial conditions, including interest rates, credit, and ultimately inflation and economic activity.

Open Market Operations (OMOs), such as buying and selling government securities, are a key tool used by the RBI to inject or absorb liquidity from the banking system.

The RBI's liquidity management framework aims to ensure adequate liquidity in the banking system to meet credit demand and maintain financial stability, thereby influencing money supply and credit conditions.

The Manufacturing PMI for India is compiled and released by S&P Global (formerly IHS Markit), based on surveys of purchasing managers.

A PMI reading above 50 indicates an expansion in manufacturing activity compared to the previous month, while a reading below 50 suggests a contraction.

The PMI is a key economic indicator that provides insights into the health of the manufacturing sector. It is based on surveys of purchasing managers in various industries.