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MCQs 2026

81.
Which index is commonly used to measure the performance and expansion of the manufacturing sector in India?
A Consumer Price Index (CPI)
B Wholesale Price Index (WPI)
C Purchasing Managers' Index (PMI) for Manufacturing
D Index of Agricultural Production (IAP)
82.
Which committee is responsible for deciding the RBI's monetary policy?
A Fiscal Policy Committee
B Monetary Policy Committee (MPC)
C Financial Stability and Development Council (FSDC)
D Central Board of Directors of RBI
83.
Amidst growth concerns, why might the RBI choose to maintain a status quo rather than cut rates?
A To stimulate inflation
B To address persistent inflationary pressures or external uncertainties
C To encourage excessive borrowing by banks
D To reduce foreign exchange reserves
84.
What does 'maintaining status quo on monetary policy' by the RBI primarily imply?
A Increasing the repo rate
B Decreasing the Cash Reserve Ratio (CRR)
C Keeping key policy rates, like the repo rate, unchanged
D Implementing quantitative easing measures
85.
Which international organization often provides forecasts for India's GDP growth?
A OPEC
B NATO
C IMF and World Bank
D ASEAN
86.
What does 'GDP growth momentum' primarily indicate about an economy?
A A slowdown in economic activity
B A consistent and strong pace of economic expansion
C An increase in inflation rates
D A decline in foreign trade
87.
Which of the following factors is most likely to contribute to India's sustained GDP growth momentum?
A Declining domestic consumption
B Robust private investment and government capital expenditure
C Significant increase in crude oil prices
D Weak global economic outlook
88.
What does 'deepening bilateral ties' generally imply between two nations?
A Reducing diplomatic presence
B Increasing cooperation in various sectors like economy, security, and culture
C Imposing new trade barriers
D Withdrawing from international agreements
89.
The deepening of bilateral ties between Italy and Japan occurred in the context of which major international event?
A UN General Assembly Session
B World Economic Forum
C G7 Summit
D NATO Summit
90.
Which two countries deepened their bilateral ties during the recent G7 Summit discussions?
A Germany and France
B Italy and Japan
C United States and Canada
D United Kingdom and Italy
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