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MCQs 2026

71.
If the RBI maintains a 'status quo' on its monetary policy, what does it primarily imply regarding key policy rates like the Repo Rate?
A Rates will be increased significantly.
B Rates will be decreased significantly.
C Rates will remain unchanged.
D Rates will be decided by the government.
72.
Who is the ex-officio Chairperson of the Monetary Policy Committee (MPC) in India?
A Union Finance Minister
B Governor of Reserve Bank of India
C Secretary, Ministry of Finance
D Chief Economic Advisor
73.
Which of the following components is typically NOT directly considered when calculating the Manufacturing PMI?
A New Orders
B Production
C Employment
D Government Fiscal Deficit
74.
A Manufacturing PMI reading above 50 generally indicates which of the following?
A Contraction in manufacturing activity
B Expansion in manufacturing activity
C Stagnation in manufacturing activity
D Deflationary pressures in the economy
75.
What does PMI stand for in the context of economic indicators?
A Production Management Index
B Purchasing Managers' Index
C Product Market Indicator
D Price Movement Indicator
76.
Deepening bilateral ties between nations like Italy and Japan typically aims to strengthen cooperation in which of the following areas?
A Economic and trade relations
B Cultural exchange and tourism
C Strategic and security partnerships
D All of the above
77.
The recent deepening of bilateral ties between Italy and Japan occurred in the context of which major international event?
A BRICS Summit
B G20 Summit
C G7 Summit
D ASEAN Summit
78.
Which two countries deepened their bilateral ties amidst the recent G7 discussions, as per the topic?
A Italy and Japan
B Italy and Germany
C Japan and USA
D France and Italy
79.
Which of the following countries is NOT a permanent member of the G7 group?
A Canada
B United Kingdom
C Russia
D Japan
80.
Which of the following were the primary focus areas of the recent G7 Summit, as indicated in the topic title?
A Climate Change Mitigation and Biodiversity
B Global Economic Stability and AI Governance
C Space Exploration and Renewable Energy
D Healthcare Access and Poverty Reduction
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