MCQs 2026

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While government's fiscal position is considered, the MPC's primary focus for repo rate decisions is on inflation, growth, and external factors affecting the economy. The fiscal deficit target is more directly a government policy rather than a direct monetary policy tool driver.

Maintaining the repo rate means that the rate at which commercial banks borrow money from the RBI remains the same, thus their immediate borrowing cost from the RBI also remains unchanged.

The primary objective of the Monetary Policy Committee (MPC) of the RBI is to maintain price stability while keeping in mind the objective of growth. The repo rate is a key tool used to achieve this.

During the 2026 UN Security Council meeting, a crucial point of emphasis was ensuring unimpeded and safe passage for humanitarian personnel and essential supplies into conflict-affected areas.

The UN Security Council's 2026 discussion highlighted that non-state armed groups and warring factions were frequently obstructing humanitarian aid convoys, exacerbating the crisis in conflict zones.

The UN Security Council in 2026 held discussions concerning the severe difficulties in providing humanitarian aid to the Sahel region, which has been grappling with ongoing conflicts.

While the G7 summit addressed economic stability and global security, the development of a unified strategy for lunar colonization was not a primary focus in 2026.

The 2026 G7 Summit saw leaders agree to enhance collaboration on regulating artificial intelligence and bolstering cybersecurity measures to address emerging global threats.