MCQs on 2026 National Film Awards and Literary Honors

21.

The recently launched advanced Earth Observation Satellite, NISAR, is a joint mission between ISRO and which other space agency?

A NASA

B ESA

C JAXA

D Roscosmos

22.

A projected GDP growth of 7.0% for FY 2026-27 by the RBI suggests what about the overall economic environment in India?

A The economy is expected to face a recession.

B The economy is anticipated to experience moderate to strong expansion.

C Economic activity is projected to stagnate.

D There are significant concerns about external economic shocks.

23.

What factors are likely contributing to the RBI's optimistic projection of 7.0% GDP growth for FY 2026-27?

A A significant slowdown in global manufacturing.

B Robust domestic demand, increased capital expenditure, and improved rural demand.

C A sharp decline in government spending.

D Reduced agricultural output due to adverse weather conditions.

24.

According to the Reserve Bank of India's projections in 2026, what is the anticipated GDP growth rate for the Financial Year 2026-27?

A 6.5%

B 7.0%

C 7.5%

D 6.8%

25.

The decision to keep the repo rate unchanged for the seventh consecutive time indicates the Monetary Policy Committee's assessment of which economic factor?

A A significant decrease in global commodity prices.

B Persistent inflationary pressures and the need for continued vigilance.

C A sharp decline in the country's foreign exchange reserves.

D A robust and self-sustaining recovery in domestic demand.

26.

What is the primary objective of the RBI in maintaining the repo rate at its current level for an extended period?

A To stimulate rapid economic expansion.

B To control inflation while supporting growth.

C To encourage foreign direct investment.

D To reduce the fiscal deficit.

27.

As of the latest Monetary Policy Committee (MPC) meeting in 2026, the Reserve Bank of India (RBI) has maintained the repo rate at what percentage for the seventh consecutive time?

A 6.25%

B 6.50%

C 6.75%

D 7.00%

28.

As of 2026, which country remains one of India's largest trading partners in terms of total bilateral trade volume?

A United States

B Brazil

C South Africa

D Argentina

29.

Which agreement aims to enhance trade and investment between India and the United Arab Emirates (UAE)?

A CEPA

B RCEP

C FTA-Gulf

D Indo-UAE Trade Pact

30.

The India-Australia Economic Cooperation and Trade Agreement (ECTA) came into force in which year?

A 2021

B 2022

C 2023

D 2024

MCQs 2026