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MCQs 2026

71.
When the RBI decides to maintain the repo rate, what is the most likely underlying economic condition it is trying to address?
A Rapid economic growth and low unemployment
B Persistent inflation concerns and moderate growth
C Deflationary pressures and high unemployment
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72.
What is the primary tool used by the Reserve Bank of India (RBI) to control inflation and manage liquidity in the economy?
A Fiscal Deficit
B Repo Rate
C Current Account Deficit
D Foreign Exchange Reserves
73.
Hosting the G7 Summit provides the host nation with an opportunity to shape the global agenda. What is the significance of Italy hosting in 2026 with a focus on global stability?
A It allows Italy to showcase its cultural heritage and tourism.
B It positions Italy to lead discussions on critical international security and economic challenges.
C It primarily aims to boost Italy's bilateral trade relations.
D It focuses on strengthening Italy's internal political stability.
74.
The G7 Summit 2026's focus on 'Global Stability' is likely to address which of the following critical issues?
A Climate change mitigation and sustainable development.
B Geopolitical conflicts, economic resilience, and supply chain security.
C Technological advancements in artificial intelligence and cybersecurity.
D Global health security and pandemic preparedness.
75.
Which country is scheduled to host the G7 Summit in 2026, with a focus on global stability?
A Italy
B Canada
C Japan
D United Kingdom
76.
Which of the following is a significant benefit for Indian professionals and businesses due to the India-UAE CEPA?
A Easier access to the UAE market for Indian services and professionals.
B Reduced import duties on all Indian goods entering the UAE.
C Preferential treatment in UAE government tenders.
D Exemption from all visa requirements for Indian citizens visiting the UAE.
77.
What is the primary objective of the India-UAE CEPA in terms of trade volume?
A To double the bilateral trade to $100 billion within five years.
B To increase non-oil trade by 50% in the first three years.
C To achieve a target of $150 billion in bilateral trade by 2030.
D To reduce trade deficit by 25% annually.
78.
The Comprehensive Economic Partnership Agreement (CEPA) between India and UAE aims to significantly boost bilateral trade. Which of the following sectors are key focus areas under this agreement?
A Services, Digital Trade, and Investment
B Agriculture, Textiles, and Pharmaceuticals
C Energy, Defence, and Space Exploration
D Tourism, Education, and Healthcare
79.
The 'New National Urban Rejuvenation Policy 2.0' emphasizes the concept of 'smart cities'. What does 'smart city' primarily refer to in this context?
A Cities with a high number of universities and educational institutions.
B Cities that use technology and data to improve efficiency, sustainability, and quality of life for citizens.
C Cities that are primarily focused on historical preservation.
D Cities with a large population of young people.
80.
Which of the following is NOT typically considered a key component or goal of urban rejuvenation policies like the 'New National Urban Rejuvenation Policy 2.0'?
A Improving public transportation systems.
B Promoting green spaces and environmental sustainability.
C Increasing the reliance on traditional, non-digital record-keeping.
D Enhancing waste management and sanitation.
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