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MCQs 2026

61.
The RBI's decision to conduct Open Market Operations in August 2026 indicated a stance aimed at:
A Tightening monetary policy
B Easing monetary policy
C Maintaining status quo in monetary policy
D Implementing fiscal stimulus
62.
What was the primary objective of the RBI's liquidity management strategy in August 2026?
A To curb inflation by absorbing excess liquidity
B To stimulate economic growth by injecting liquidity
C To maintain the stability of the Indian Rupee
D To reduce the government's borrowing costs
63.
In August 2026, the Reserve Bank of India (RBI) primarily used which of the following tools to manage liquidity in the banking system?
A Open Market Operations (OMOs)
B Cash Reserve Ratio (CRR) adjustments
C Statutory Liquidity Ratio (SLR) adjustments
D Reverse Repurchase Agreements (Reverse Repo)
64.
Compared to July 2026, the retail inflation rate in August 2026 showed a:
A Significant increase
B Slight decrease
C No significant change
D Sharp decline
65.
Which category contributed the most to the retail inflation in August 2026, as indicated by the CPI data?
A Food and Beverages
B Housing
C Transport and Communication
D Clothing and Footwear
66.
As per the latest data released in September 2026, what was the approximate year-on-year retail inflation rate (CPI) in India for August 2026?
A 4.8%
B 5.2%
C 5.5%
D 4.5%
67.
To enhance global health security, G7 leaders have emphasized the importance of robust surveillance and early warning systems. What is the main purpose of these systems?
A To monitor non-communicable diseases exclusively
B To detect and respond rapidly to emerging infectious disease threats
C To track global economic indicators
D To regulate international travel for tourism
68.
G7 nations have consistently called for equitable access to medical countermeasures during health crises. What is a primary mechanism they advocate for to achieve this?
A Imposing export bans on essential medicines
B Promoting voluntary licensing and technology transfer
C Prioritizing domestic populations exclusively
D Centralizing all pharmaceutical production in G7 countries
69.
Following the COVID-19 pandemic, G7 leaders have prioritized strengthening the global health architecture. Which of the following is a key component of this effort?
A Reducing funding for the World Health Organization (WHO)
B Establishing a new global health security fund
C Promoting vaccine nationalism among member states
D Disbanding international health regulations
70.
The G7 has emphasized the importance of climate finance for developing countries. Which of the following is a key area where G7 nations aim to increase financial support?
A Funding for new fossil fuel exploration projects
B Adaptation and resilience measures against climate impacts
C Subsidies for carbon-intensive industries
D Development of genetically modified crops for export
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