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MCQs 2026

41.
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.
42.
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%
43.
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.
44.
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.
45.
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%
46.
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
47.
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
48.
The India-Australia Economic Cooperation and Trade Agreement (ECTA) came into force in which year?
A 2021
B 2022
C 2023
D 2024
49.
How many non-permanent members are elected to the UN Security Council for a two-year term?
A 5
B 10
C 15
D 7
50.
Which body is primarily responsible for the maintenance of international peace and security under the UN Charter?
A UN General Assembly
B UN Security Council
C International Court of Justice
D UN Secretariat
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