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MCQs 2026

61.
What was the primary concern cited by the RBI's MPC for maintaining the current Repo Rate?
A High economic growth
B Persistent inflation concerns
C Surplus liquidity in the banking system
D Strong global demand for Indian exports
62.
Which body is primarily responsible for deciding the benchmark interest rates like the Repo Rate in India?
A Ministry of Finance
B Securities and Exchange Board of India (SEBI)
C Reserve Bank of India's Monetary Policy Committee (MPC)
D NITI Aayog
63.
What is the current Repo Rate maintained by the RBI's Monetary Policy Committee (MPC) as per the recent announcement?
A 6.0%
B 6.25%
C 6.5%
D 6.75%
64.
What does 'PLI' stand for in the context of government schemes like the one for Advanced Electronics Manufacturing?
A Public-Led Investment
B Production-Linked Incentive
C Project-Level Initiative
D Policy for Local Industry
65.
Which government initiative is the PLI scheme for Advanced Electronics Manufacturing a part of, aiming to make India a global manufacturing hub?
A Swachh Bharat Abhiyan
B Make in India
C National Health Mission
D Pradhan Mantri Jan Dhan Yojana
66.
The recently unveiled PLI scheme for Advanced Electronics Manufacturing primarily aims to achieve which of the following objectives?
A Boost domestic production and attract global investment in advanced electronics.
B Reduce the import duty on all electronic components.
C Promote the export of traditional textile products.
D Provide subsidies for agricultural machinery manufacturing.
67.
Kazakhstan, as the host of the 2026 SCO Summit, will likely focus on certain priorities. Which of the following is a probable area of emphasis for Kazakhstan's presidency?
A Expansion of SCO membership to include South American nations.
B Strengthening economic cooperation and connectivity within the SCO region.
C Establishing a unified SCO military force.
D Promoting a single SCO currency for all member states.
68.
The decision to host the SCO Summit in Astana in 2026 was made during which previous SCO meeting?
A SCO Summit 2023 in India
B SCO Summit 2024 in Kazakhstan
C SCO Summit 2025 in Russia
D SCO Summit 2022 in Uzbekistan
69.
Which city is scheduled to host the Shanghai Cooperation Organisation (SCO) Summit in the year 2026?
A Moscow, Russia
B Astana, Kazakhstan
C New Delhi, India
D Tashkent, Uzbekistan
70.
The India-UAE CEPA is expected to create significant economic opportunities. Which of the following is a key objective of strengthening this framework?
A To reduce India's reliance on other trading partners.
B To facilitate easier market access for goods and services.
C To establish a common currency between the two nations.
D To promote cultural exchange programs exclusively.
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