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MCQs 2026

61.
If the RBI maintains the repo rate, what is its immediate impact on the cost of borrowing for commercial banks from the central bank?
A The cost of borrowing remains stable.
B The cost of borrowing increases significantly.
C The cost of borrowing decreases significantly.
D Commercial banks are prohibited from borrowing from the RBI.
62.
Which body within the Reserve Bank of India is primarily responsible for deciding the repo rate and other key policy rates?
A Financial Stability and Development Council (FSDC)
B Monetary Policy Committee (MPC)
C Central Board of Directors of RBI
D Department of Economic Policy and Research (DEPR)
63.
What is the primary objective of the Reserve Bank of India (RBI) when it maintains the repo rate amidst global economic uncertainties?
A To ensure price stability and support economic growth.
B To increase government revenue through higher interest earnings.
C To directly control the stock market fluctuations.
D To encourage excessive borrowing by commercial banks.
64.
Which of the following factors has contributed to the instability in the Sahel region leading to the UN intervention?
A Proliferation of armed groups and climate change-induced resource scarcity
B Excessive economic growth in the region
C Lack of international interest in the region
D Complete absence of political borders
65.
What is the primary goal of the UN Security Council resolution regarding the Sahel in 2026?
A To annex the region into the UN
B To facilitate humanitarian aid and stabilize the security situation
C To impose trade sanctions on all African nations
D To establish a new global capital in the region
66.
The Sahel region, which is the focus of the recent UN Security Council resolution, primarily spans across which part of Africa?
A Southern Africa
B The transition zone between the Sahara Desert and the Sudanian Savanna
C The Horn of Africa
D The coastal region of North Africa
67.
Which of the following is a key challenge identified by G20 Finance Ministers regarding the current global debt crisis?
A Lack of transparency in bilateral lending agreements
B Excessive growth of global trade
C Surplus of foreign exchange reserves in all nations
D Decrease in global inflation rates
68.
What is the primary objective of the G20 Finance Ministers' recent focus on the 'Global Debt Vulnerability' in 2026?
A To increase interest rates globally
B To provide debt relief to low-income countries facing fiscal distress
C To mandate a single global currency
D To dissolve the World Bank
69.
Which international financial institution has been working closely with the G20 to address the 'Common Framework for Debt Treatments' in 2026?
A International Monetary Fund (IMF)
B World Trade Organization (WTO)
C Asian Development Bank (ADB)
D Bank for International Settlements (BIS)
70.
The Ayushman Bhav Campaign aims to achieve saturation of health services under which of the following initiatives?
A Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY) only
B Ayushman Bharat Digital Mission (ABDM) only
C Ayushman Bharat Health and Wellness Centres (AB-HWCs) only
D All of the above
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