MCQs 2026

If inflation is moderating, it provides the central bank with more room to potentially ease monetary policy in the future, such as by considering a reduction in the repo rate, to support economic growth.

The Consumer Price Index (CPI) is the primary measure of retail inflation in India, reflecting changes in the prices of a basket of goods and services consumed by households.

Moderation in retail inflation means that the pace of price increases is slowing down, even if prices are still rising. It does not necessarily mean prices are falling or inflation has stopped.

Keeping the repo rate unchanged often signifies a pause or a neutral stance, suggesting the RBI is observing the current economic conditions and balancing the need to support growth with the imperative to manage inflation.

The Monetary Policy Committee (MPC) is mandated by the RBI Act, 1934, to determine the policy repo rate required to meet the inflation target.

The RBI's Monetary Policy Committee (MPC) in its August 2026 review decided to keep the policy repo rate unchanged at 6.50%.

Climate change significantly impacts agriculture and food security. Therefore, an accord focused on cooperation would likely include initiatives to build resilience in food systems, promote sustainable farming practices, and address climate-induced food insecurity.

Financial support and technology transfer from developed to developing nations are consistently highlighted as critical enablers for climate action, ensuring equitable burden-sharing and capacity building for adaptation and mitigation efforts.

The 1.5°C target is a central goal of global climate action under the Paris Agreement. Any new accord among major powers would likely focus on strengthening commitments and cooperation to achieve this critical objective, given the urgency of climate change.

The Sahel region of Africa is widely recognized by international bodies, including the UNSC, as a hotspot where climate change impacts (droughts, desertification) exacerbate existing vulnerabilities, leading to resource scarcity, displacement, and increased conflict, thereby worsening food insecurity.