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MCQs 2026

31.
Which of the following is a major component of India's GDP calculation by expenditure method?
A Net Factor Income from Abroad
B Private Final Consumption Expenditure
C Subsidies
D Depreciation
32.
A sustained GDP growth momentum, as indicated for Q2 2026, typically signifies which of the following for the Indian economy?
A Decreased investment and consumption
B Economic expansion and improved living standards
C Rising unemployment rates
D Contraction in industrial output
33.
Which government agency is primarily responsible for compiling and releasing India's Gross Domestic Product (GDP) data?
A Reserve Bank of India (RBI)
B Ministry of Finance
C National Statistical Office (NSO)
D NITI Aayog
34.
A key outcome of the 2026 summit was the commitment to increase funding for:
A Space exploration initiatives.
B Global pandemic surveillance and early warning systems.
C Development of new fossil fuel technologies.
D International cyber warfare defense.
35.
Which international organization played a pivotal role in organizing the 2026 International Health Security Summit?
A The International Monetary Fund (IMF)
B The World Trade Organization (WTO)
C The World Health Organization (WHO)
D The International Atomic Energy Agency (IAEA)
36.
In October 2026, global leaders gathered for an International Health Security Summit in Geneva, Switzerland. What was a primary focus of the summit?
A Developing a universal vaccine for the common cold.
B Strengthening pandemic preparedness and response mechanisms.
C Establishing a global space exploration agency.
D Regulating international financial markets.
37.
Which of the following is NOT typically a component of a comprehensive bilateral trade agreement signed in 2026?
A Intellectual Property Rights protection
B Rules of Origin
C Common Agricultural Policy harmonization
D Trade in Services provisions
38.
A key objective of the 2026 bilateral trade agreement between the EU and ASEAN is to:
A Establish a common currency for both economic blocs.
B Promote digital trade and e-commerce regulations.
C Create a unified military alliance.
D Restrict foreign direct investment in key sectors.
39.
In early 2026, which two major economic blocs signed a landmark bilateral trade agreement aimed at reducing tariffs and streamlining customs procedures?
A The European Union and ASEAN
B NAFTA and MERCOSUR
C The African Continental Free Trade Area (AfCFTA) and the Pacific Alliance
D The United States and China
40.
The UN Security Council resolution passed in response to the 2026 regional conflict primarily aimed to:
A Impose immediate economic sanctions on all involved parties.
B Authorize a multinational peacekeeping force.
C Facilitate diplomatic negotiations and humanitarian access.
D Condemn the actions of one specific nation.
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