MCQs on Entertainment Current Affairs

61.

Which of the following is a common feature of government schemes designed to boost manufacturing?

A Production Linked Incentives (PLI)

B Increasing corporate tax rates

C Banning all exports

D Reducing labor wages

62.

Which ministry is typically responsible for implementing schemes related to industrial manufacturing and exports in India?

A Ministry of Finance

B Ministry of Commerce and Industry

C Ministry of External Affairs

D Ministry of Agriculture

63.

What is the primary objective of the government's new scheme aimed at boosting exports and manufacturing in 2026?

A To increase import duties

B To enhance global competitiveness and domestic production

C To reduce foreign direct investment

D To nationalize private industries

64.

What does 'Moderate Growth' in Q2 2026 industrial production suggest about the Indian economy?

A Economic contraction

B Stable but slow industrial expansion

C Hyperinflation

D Complete halt in manufacturing

65.

Which of the following sectors has the highest weightage in the Index of Industrial Production (IIP)?

A Mining

B Manufacturing

C Electricity

D Construction

66.

Which index is primarily used to measure the growth of industrial production in India?

A Consumer Price Index (CPI)

B Index of Industrial Production (IIP)

C Wholesale Price Index (WPI)

D Purchasing Managers' Index (PMI)

67.

Which instrument is primarily used by the RBI to manage inflation and liquidity in the economy?

A Repo Rate

B Fiscal Deficit

C Direct Tax Rate

D Export Subsidy

68.

How many members constitute the Monetary Policy Committee (MPC) of the Reserve Bank of India?

A Four

B Five

C Six

D Seven

69.

In the context of the 2026 Monetary Policy Committee (MPC) meetings, what is the primary reason cited for maintaining the status quo on the repo rate?

A Global economic recession

B Persistent inflation concerns

C Excessive liquidity in the banking system

D Sharp decline in GDP growth

70.

How many member states currently constitute the Association of Southeast Asian Nations (ASEAN), with which India is strengthening its strategic partnership?

A 8

B 9

C 10

D 11

MCQs 2026