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MCQs 2026

51.
The 2026 edition of the India-France joint naval exercise 'Varuna' was conducted in which region?
A Bay of Bengal
B Arabian Sea
C Mediterranean Sea
D Indian Ocean Region
52.
NEEDS_REVIEW
A NEEDS_REVIEW
B NEEDS_REVIEW
C NEEDS_REVIEW
D NEEDS_REVIEW
53.
NEEDS_REVIEW
A NEEDS_REVIEW
B NEEDS_REVIEW
C NEEDS_REVIEW
D NEEDS_REVIEW
54.
NEEDS_REVIEW
A NEEDS_REVIEW
B NEEDS_REVIEW
C NEEDS_REVIEW
D NEEDS_REVIEW
55.
Which organization typically releases the official GDP growth data for India?
A National Statistical Office (NSO)
B World Bank
C International Monetary Fund
D NITI Aayog
56.
What does 'Resilience' in the context of India's GDP growth imply?
A The economy is immune to all global shocks
B The economy continues to grow despite global headwinds and uncertainties
C The economy has stopped growing
D The economy is solely dependent on gold reserves
57.
Which sector is primarily driving India's resilient GDP growth in Q1 FY27?
A Services and Manufacturing
B Only subsistence farming
C Foreign aid dependency
D Export of raw minerals only
58.
What is the composition of the Monetary Policy Committee (MPC) of the RBI?
A 3 members from RBI and 3 members from the Government
B 5 members from RBI and 1 member from the Government
C All 6 members appointed by the Prime Minister
D Only the RBI Governor
59.
Which instrument is primarily used by the RBI to manage liquidity in the banking system when the repo rate is kept unchanged?
A Open Market Operations (OMO)
B Direct tax collection
C Issuing new currency notes
D Changing the income tax slabs
60.
As of mid-2026, what is the primary objective of the RBI's Monetary Policy Committee in maintaining a status quo on the repo rate?
A To stimulate hyper-inflation
B To align inflation with the 4% target while supporting growth
C To completely devalue the Indian Rupee
D To increase the fiscal deficit
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