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MCQs - 2026-07

1311.
What is the primary objective of the National Quantum Mission (NQM) launched by the Government of India?
A To develop indigenous quantum computers with 1000 qubits
B To promote quantum technology research and development in the country
C To replace all classical computers with quantum computers
D To establish a global quantum communication network
1312.
What kind of benefits might a new export promotion scheme offer to businesses?
A Subsidies on domestic sales
B Tax incentives and duty drawbacks
C Restrictions on import of raw materials
D Increased regulatory compliance burden
1313.
Which ministry is typically responsible for launching and overseeing export promotion schemes in India?
A Ministry of Finance
B Ministry of Commerce and Industry
C Ministry of External Affairs
D Ministry of Home Affairs
1314.
The Indian government has recently launched a new export promotion scheme in 2026. What is the primary aim of this scheme?
A To reduce imports into India
B To boost India's merchandise and service exports
C To increase domestic consumption
D To attract foreign direct investment
1315.
What is the primary objective of maintaining a stable repo rate by the RBI?
A To increase bank profits
B To control inflation and support economic growth
C To encourage foreign investment
D To reduce government borrowing costs
1316.
Which body is responsible for deciding the policy repo rate in India?
A Securities and Exchange Board of India (SEBI)
B Monetary Policy Committee (MPC) of RBI
C Finance Ministry of India
D NITI Aayog
1317.
As of the latest Monetary Policy Committee (MPC) meeting in 2026, what is the current status of the repo rate?
A Maintained at the previous level
B Increased by 25 basis points
C Decreased by 25 basis points
D Increased by 50 basis points
1318.
Which international legal framework is most frequently cited by various claimant states and international bodies when discussing maritime claims and disputes in the South China Sea?
A Geneva Conventions
B United Nations Convention on the Law of the Sea (UNCLOS)
C Universal Declaration of Human Rights
D Convention on Biological Diversity
1319.
The core of the South China Sea tensions primarily revolves around:
A Disputes over fishing rights and environmental protection.
B Competing territorial and maritime claims over islands, reefs, and associated resource-rich waters.
C Disagreements on international aviation routes.
D Cultural and historical differences among littoral states.
1320.
What is the primary role of the ASEAN Regional Forum (ARF) in addressing regional security issues like the South China Sea tensions?
A To enforce legally binding resolutions and sanctions on claimant states.
B To serve as a platform for dialogue, confidence-building, and preventive diplomacy among member states and dialogue partners.
C To establish a joint military force to patrol disputed waters.
D To mediate economic disputes unrelated to security.
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