MCQs - 2026-05

A high PMI reading, especially a multi-year high, indicates robust growth and expansion in the manufacturing sector, suggesting increased production, new orders, and potentially job creation.

The PMI is a survey-based economic indicator that provides insights into business conditions in the manufacturing sector, reflecting output, new orders, employment, and prices.

The repo rate is a key monetary policy tool used by the RBI to manage liquidity in the banking system and control inflation.

The Reserve Bank of India (RBI), through its Monetary Policy Committee (MPC), is responsible for setting key interest rates like the repo rate.

The RBI has decided to keep the repo rate unchanged at 6.5% in its recent monetary policy review, citing global economic uncertainties.

International pressure often creates an environment conducive to diplomatic engagement and negotiations.

The Geneva Conventions are a set of international treaties that establish standards for humanitarian treatment in war.

Calls for a ceasefire are typically aimed at protecting civilians and allowing humanitarian efforts.

The Security Council often calls for ceasefires and ensures humanitarian access in conflict zones.

The five permanent members are China, France, Russia, the United Kingdom, and the United States.