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MCQs - 2026-07

381.
The Indian government has launched a new export promotion scheme named 'Global Market Access Initiative' in early 2026. What is its primary objective?
A To provide subsidies to domestic manufacturers.
B To facilitate access for Indian goods and services to international markets.
C To reduce import duties on essential goods.
D To promote tourism within India.
382.
What is the primary objective of maintaining the repo rate at the current level by the RBI, as per recent policy statements in early 2026?
A To stimulate economic growth by reducing borrowing costs.
B To control inflation and anchor inflation expectations.
C To increase liquidity in the banking system.
D To manage the exchange rate of the Indian Rupee.
383.
Which committee of the RBI is responsible for deciding the repo rate?
A Monetary Policy Committee (MPC)
B Financial Stability and Development Council (FSDC)
C Advisory Committee on Capital Markets
D Board for Financial Supervision (BFS)
384.
As of early 2026, the Reserve Bank of India (RBI) has maintained the repo rate at what level amidst persistent inflationary concerns?
A 6.50%
B 6.75%
C 6.25%
D 6.00%
385.
The G20's efforts towards digital trade regulations aim to address issues such as digital divides, consumer protection, and the facilitation of cross-border e-commerce. What is a common goal in this regard?
A To create separate digital trade rules for each country
B To promote a predictable and transparent regulatory environment for digital businesses
C To restrict the use of digital technologies by small businesses
D To increase tariffs on imported digital goods
386.
Which of the following principles is often advocated by G20 nations in discussions related to digital trade regulations to foster innovation and economic growth?
A Strict protectionism and barriers to digital services
B Openness, interoperability, and non-discrimination in digital markets
C Government control over all digital platforms
D Limiting cross-border data transfers entirely
387.
As of 2026, what is a key challenge for achieving a global consensus on digital trade regulations within the G20 framework?
A Lack of interest from member nations in digital trade
B Divergent approaches to data governance, privacy, and cross-border data flows
C Absence of any digital trade activities globally
D Agreement on all aspects of digital trade among G20 nations
388.
Which of the following is a key area of collaboration under India-Japan maritime security cooperation, aimed at ensuring freedom of navigation and upholding international law in the Indo-Pacific region?
A Joint development of new energy sources
B Capacity building for coast guards and maritime surveillance
C Joint research in artificial intelligence for agriculture
D Exchange programs for students in humanities
389.
In the context of India-Japan maritime security cooperation, what is the primary focus of the '2+2' Ministerial Dialogue between the two countries?
A Economic trade and investment agreements
B Cultural exchange programs and tourism promotion
C Defence and security issues, including maritime security
D Space exploration and satellite technology collaboration
390.
Which of the following exercises is a significant component of India-Japan maritime security cooperation, focusing on anti-submarine warfare and air defence?
A Malabar Exercise
B JIMEX (Japan-India Maritime Exercise)
C Samudra Shakti
D Dharma Guardian
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