MCQs - 2026-07

Semi-cryogenic engines, particularly those using kerosene and LOX, are generally more cost-effective to manufacture and operate compared to fully cryogenic engines. This cost reduction is a significant factor in ISRO's strategy for the NGLV program, aiming for more frequent and affordable access to space.

The semi-cryogenic engine technology is being developed specifically for ISRO's Next Generation Launch Vehicle (NGLV) program. This engine is expected to provide higher thrust and efficiency compared to existing engines, making NGLV a more capable launch platform.

ISRO's semi-cryogenic engine test for the NGLV utilizes a combination of Kerosene (specifically, a refined grade often referred to as 'Refined Petrol' or RP-1) as the fuel and Liquid Oxygen (LOX) as the oxidizer. This is a significant step towards developing more efficient and cost-effective launch vehicles.

The projections emphasized that a sustained increase in private consumption, supported by stable employment and income growth, was a crucial element underpinning the optimistic GDP growth forecast for Q1 FY2027.

The services sector, encompassing IT, financial services, and trade, was projected to be the primary driver of India's GDP growth in Q1 FY2027, reflecting its resilience and expanding digital economy.

Various economic agencies projected India's GDP to grow at approximately 7.8% in Q1 FY2027, driven by strong domestic consumption and increased capital expenditure.

The RBI's review highlighted that persistent geopolitical tensions, leading to supply chain disruptions and volatile energy prices, posed a significant upside risk to inflation projections for 2026-27.

The Monetary Policy Committee (MPC) decided to keep the policy repo rate unchanged at 6.00% in the Mid-Year Review of 2026, balancing the need to anchor inflation expectations with the imperative to support economic activity.

The RBI's Mid-Year Monetary Policy Review for 2026 projected a GDP growth rate of 7.2% for the fiscal year 2026-27, citing robust domestic demand and improved global economic outlook.

The G7 consistently emphasizes the importance of non-proliferation of Weapons of Mass Destruction (WMDs), which include nuclear, chemical, and biological weapons, as a cornerstone of international security and stability.