Which of the following is a key component of the semiconductor ecosystem that the PLI scheme aims to support?
A Raw material extraction
B Chip design and manufacturing (foundries)
C Software development only
D Consumer electronics assembly
Answer: B
The PLI scheme for semiconductors is designed to incentivize investments across the value chain, including chip design, wafer fabrication (foundries), assembly, testing, and packaging.
62.
What is the primary objective of expanding the PLI scheme for the semiconductor ecosystem?
A To reduce India's reliance on imported electronics
B To promote traditional manufacturing industries
C To increase the export of agricultural products
D To encourage foreign tourism
Answer: A
The expansion aims to create a robust domestic semiconductor manufacturing and design ecosystem, thereby reducing dependence on imports and enhancing technological self-reliance.
63.
The Indian government has expanded the Production Linked Incentive (PLI) scheme to further boost which sector's ecosystem?
A Textiles
B Pharmaceuticals
C Semiconductors
D Automobiles
Answer: C
The government has been actively promoting the semiconductor industry through various initiatives, including the expansion of the PLI scheme to cover the entire semiconductor ecosystem.
64.
Maintaining the repo rate at 6.5% in September 2026 is generally indicative of the RBI's stance on which of the following?
A Aggressive monetary tightening
B Accommodative monetary policy
C Neutral or cautiously optimistic stance on inflation and growth
D Significant reduction in interest rates
Answer: C
Keeping the repo rate unchanged often signals a neutral or cautiously optimistic stance, balancing the need to control inflation with supporting economic growth. It suggests the current policy settings are deemed appropriate for the prevailing economic conditions.
65.
Which committee of the RBI is responsible for deciding the repo rate in India?
A Financial Stability and Development Council (FSDC)
B Monetary Policy Committee (MPC)
C Securities and Exchange Board of India (SEBI) Board
D Reserve Bank of India Board
Answer: B
The Monetary Policy Committee (MPC) is mandated to set the policy repo rate to meet the inflation target, while ensuring that inflation moves towards the medium-term target, while keeping in mind the objective of growth.
66.
In its September 2026 monetary policy review, 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%
Answer: B
The RBI's Monetary Policy Committee (MPC) in its September 2026 review decided to keep the policy repo rate unchanged at 6.50%.
67.
Which of the following is NOT a commonly discussed aspect of UN Security Council reform?
A Expansion of permanent and non-permanent seats
B Reform of the veto power
C Increased regional representation
D Relocation of the UN Headquarters
Answer: D
While expansion of seats, reform of the veto power, and increased regional representation are central to the UN Security Council reform discussions, the relocation of the UN Headquarters is a separate administrative matter and not part of the core reform agenda for the Security Council's structure and functioning.
68.
What is the primary intergovernmental forum where UN Security Council reform discussions are formally conducted?
A The Intergovernmental Negotiations (IGN) framework
B The General Assembly's Fifth Committee
C The Security Council's Ad Hoc Committee
D The International Court of Justice
Answer: A
The Intergovernmental Negotiations (IGN) framework, established within the UN General Assembly, is the primary forum where member states discuss the reform of the Security Council, covering issues like categories of membership, the question of the veto, regional representation, and the size of an enlarged Council.
69.
Which group of nations consistently advocates for permanent membership in an expanded UN Security Council, often referred to as the 'G4'?
A India, Germany, Japan, Brazil
B China, Russia, France, UK
C USA, Canada, Australia, New Zealand
D South Africa, Nigeria, Egypt, Kenya
Answer: A
The G4 nations – India, Germany, Japan, and Brazil – have consistently advocated for reforms in the UN Security Council, including their own candidacies for permanent membership, to make the body more representative and effective.
70.
NEEDS_REVIEW
A NEEDS_REVIEW
B NEEDS_REVIEW
C NEEDS_REVIEW
D NEEDS_REVIEW
Answer: A
As of 2026, there is no verifiable public information confirming the ratification of the India-EU Free Trade Agreement. Therefore, questions based on this premise cannot be factually grounded.
