MCQs 2026

The Monetary Policy Committee (MPC) is mandated by the Reserve Bank of India Act, 1934, to determine the policy repo rate required to meet the inflation target while considering the objective of maintaining price stability.

The RBI's Monetary Policy Committee (MPC) typically maintains interest rates to manage inflation. When inflationary pressures are present, keeping the repo rate steady or increasing it helps to curb demand and anchor inflation expectations, thereby working towards price stability.

Maritime security and cooperation are crucial pillars of the India-ASEAN strategic partnership, given their shared interests in the Indo-Pacific region.

India became a Sectoral Dialogue Partner of ASEAN in 1992, a Dialogue Partner in 1995, and was elevated to a Strategic Partner in 2012.

ASEAN currently has 10 member states: Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam.

The General Assembly is the main deliberative, policymaking, and representative organ of the United Nations.

The President of the UN General Assembly is elected for a one-year term.

The regular session of the UN General Assembly commences each year on the third Tuesday of September and runs for one year.

The Polluter Pays Principle mandates that those who produce pollution should bear the costs of managing it to prevent damage to human health or the environment.

The principle of Sustainable Development ensures that development meets the needs of the present without compromising the ability of future generations to meet their own needs.