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MCQs 2026

11.
Which of the following rates remains unchanged in the latest RBI Monetary Policy review of 2026?
A Repo Rate
B Cash Reserve Ratio (CRR)
C Statutory Liquidity Ratio (SLR)
D All of the above
12.
As of the latest Monetary Policy Committee (MPC) meeting in 2026, what is the primary objective of the RBI's current 'withdrawal of accommodation' stance?
A To increase liquidity in the banking system
B To align inflation with the 4% target while supporting growth
C To devalue the Indian Rupee against the US Dollar
D To provide interest-free loans to MSMEs
13.
What is a significant expected outcome of increased value addition in food processing under PMKSY for farmers?
A Reduction in the minimum support price (MSP) for crops.
B Increased post-harvest losses due to advanced processing.
C Better price realization for their produce and reduced wastage.
D Decreased demand for processed food products.
14.
Which component of PMKSY directly supports value addition by establishing facilities for pre-cooling, sorting, grading, and multi-product processing?
A Mega Food Parks
B Integrated Cold Chain and Value Addition Infrastructure
C Creation of Backward & Forward Linkages
D Food Safety and Quality Assurance Infrastructure
15.
A primary objective of the Pradhan Mantri Kisan Sampada Yojana (PMKSY) is to enhance value addition in the agricultural sector by:
A Providing direct income support to farmers.
B Focusing solely on increasing crop yield.
C Creating modern infrastructure for food processing and efficient supply chain management.
D Subsidizing agricultural inputs like fertilizers and seeds.
16.
Which of the following is NOT a component of the Pradhan Mantri Kisan Sampada Yojana (PMKSY) aimed at boosting food processing infrastructure?
A Mega Food Parks
B Integrated Cold Chain and Value Addition Infrastructure
C Production Linked Incentive (PLI) Scheme for Food Products
D Infrastructure for Agro-Processing Clusters
17.
Which Union Ministry is primarily responsible for the implementation and oversight of the Pradhan Mantri Kisan Sampada Yojana (PMKSY)?
A Ministry of Agriculture & Farmers Welfare
B Ministry of Rural Development
C Ministry of Food Processing Industries
D Ministry of Commerce & Industry
18.
What is the extended period for the Pradhan Mantri Kisan Sampada Yojana (PMKSY) as approved by the government, considering the current context of 2026?
A Till March 2025
B Till March 2026
C Till March 2027
D Till March 2028
19.
Who was the first Prime Minister of India to officially declare September 14 as Hindi Diwas?
A Jawaharlal Nehru
B Lal Bahadur Shastri
C Indira Gandhi
D Gulzarilal Nanda
20.
Which article of the Indian Constitution declares Hindi in Devanagari script as the official language of the Union?
A Article 340
B Article 343
C Article 351
D Article 370
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