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MCQs 2026

71.
How many members are there in the Monetary Policy Committee (MPC) of the RBI?
A 4 members
B 5 members
C 6 members
D 7 members
72.
What is the current Repo Rate as decided by the Monetary Policy Committee (MPC)?
A 6.0%
B 6.25%
C 6.5%
D 6.75%
73.
What is the medium-term target for CPI inflation set by the Government of India for the RBI?
A 2% (+/- 2%)
B 4% (+/- 2%)
C 5% (+/- 1%)
D 6% (+/- 2%)
74.
Which index does the RBI primarily use to measure retail inflation in India?
A WPI (Wholesale Price Index)
B CPI (Consumer Price Index)
C GDP Deflator
D PPI (Producer Price Index)
75.
What is the projected CPI inflation rate for FY25 as estimated by the RBI?
A 4.0%
B 4.5%
C 5.0%
D 5.5%
76.
The RBI's GDP growth forecast of 7% for FY25 is based on which type of growth?
A Nominal GDP
B Real GDP
C Per Capita GDP
D Gross National Product
77.
Which institution is responsible for releasing the GDP growth forecast for the Indian economy?
A Ministry of Finance
B NITI Aayog
C Reserve Bank of India
D World Bank
78.
What is the projected GDP growth rate for India for the financial year 2024-25 (FY25) as per the RBI?
A 6.5%
B 7.0%
C 7.2%
D 6.8%
79.
How many member states currently comprise the Association of Southeast Asian Nations (ASEAN)?
A 8
B 9
C 10
D 11
80.
Which of the following is a prominent regional security concern frequently discussed by ASEAN Foreign Ministers?
A The Israeli-Palestinian conflict
B The South China Sea disputes
C Nuclear proliferation in Europe
D The Arctic territorial claims
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