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MCQs - 2026-08

1451.
Which of the following sectors has the highest weightage in the Index of Industrial Production (IIP)?
A Mining
B Manufacturing
C Electricity
D Construction
1452.
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)
1453.
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
1454.
How many members constitute the Monetary Policy Committee (MPC) of the Reserve Bank of India?
A Four
B Five
C Six
D Seven
1455.
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
1456.
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
1457.
According to recent developments, India's dialogue with ASEAN is strengthening its strategic partnership ahead of which year's summit?
A 2025
B 2026
C 2027
D 2028
1458.
India is actively strengthening its strategic partnership through ongoing dialogue with which regional bloc, in anticipation of a 2026 summit?
A SAARC
B BIMSTEC
C ASEAN
D EU
1459.
Prior to the upcoming G20 Summit in August 2026, when did India last host the G20 Summit?
A 2022
B 2023
C 2024
D 2025
1460.
What is the stated primary focus of the G20 Summit that India is scheduled to host in August 2026?
A Climate Change Mitigation
B Global Economic Stability
C Digital Transformation
D Poverty Eradication
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