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MCQs 2026

21.
What category of missile does Agni-VI primarily belong to, considering its expected range and capabilities?
A Short-Range Ballistic Missile (SRBM)
B Medium-Range Ballistic Missile (MRBM)
C Intermediate-Range Ballistic Missile (IRBM)
D Intercontinental Ballistic Missile (ICBM)
22.
The PLI scheme for semiconductors aims to incentivize investments across various stages of the semiconductor value chain. Which of the following is NOT typically a stage covered?
A Chip Design
B Wafer Fabrication
C Assembly, Testing, and Packaging (ATP)
D Software Development for Operating Systems
23.
What is a key objective of expanding the PLI scheme for the semiconductor ecosystem?
A To reduce India's reliance on imported semiconductors.
B To promote traditional handicraft industries.
C To increase agricultural output.
D To encourage foreign tourism.
24.
The Indian government has expanded the Production Linked Incentive (PLI) scheme to further boost which sector's ecosystem?
A Textile Manufacturing
B Pharmaceuticals
C Semiconductor Manufacturing
D Automobile Industry
25.
Which body within the RBI is responsible for deciding the repo rate?
A Board of Directors
B Executive Committee
C Monetary Policy Committee (MPC)
D Financial Stability Board
26.
What is the primary objective of maintaining the repo rate at 6.5% by the RBI in September 2026, as per its mandate?
A To stimulate economic growth at all costs.
B To ensure price stability while keeping in mind the objective of growth.
C To increase inflation to boost consumption.
D To encourage borrowing by commercial banks.
27.
In its September 2026 Monetary Policy Committee (MPC) meeting, the Reserve Bank of India (RBI) decided to maintain the repo rate at what percentage?
A 6.25%
B 6.50%
C 6.75%
D 7.00%
28.
In the context of accelerating SDG financing, G20 Finance Ministers have consistently called for reforms and increased capacity of Multilateral Development Banks (MDBs). What is the main reason for this emphasis?
A To reduce the influence of individual donor countries on MDB lending policies.
B To enable MDBs to significantly scale up their lending and catalytic role for sustainable development and climate action.
C To shift MDBs' focus entirely from infrastructure to social development projects.
D To privatize MDBs and integrate them into commercial banking systems.
29.
A significant challenge discussed by G20 Finance Ministers regarding SDG achievement, particularly for developing nations, is the persistent 'SDG financing gap'. What does this term primarily refer to?
A The difference between developed and developing nations' contributions to the UN budget.
B The shortfall in financial resources needed to achieve the Sustainable Development Goals by 2030.
C The gap in technological capabilities between countries to implement sustainable practices.
D The disparity in access to healthcare and education among G20 member states.
30.
What is the primary objective of G20 Finance Ministers and Central Bank Governors when discussing Sustainable Development Goals (SDGs)?
A To directly implement SDG projects in member countries.
B To mobilize financial resources and coordinate policies to accelerate SDG achievement.
C To monitor the environmental impact of global financial markets.
D To establish new international trade agreements focused on sustainability.
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