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MCQs 2026

61.
Which of the following is a key objective of the Reserve Bank of India as stated in its mandate, which guides its monetary policy decisions like the one in September 2026?
A Managing the national debt.
B Ensuring price stability while keeping in mind the objective of growth.
C Directly funding government infrastructure projects.
D Setting the minimum wage for all industries.
62.
In the September 2026 monetary policy review, the RBI's Monetary Policy Committee (MPC) voted to continue with the stance of 'withdrawal of accommodation'. What does this stance primarily aim to achieve?
A Stimulating economic growth by increasing liquidity.
B Ensuring inflation aligns with the target while supporting growth.
C Reducing the fiscal deficit of the government.
D Stabilizing the exchange rate of the Indian Rupee.
63.
As per the Monetary Policy Statement of September 2026, what was the repo rate maintained by the Reserve Bank of India?
A 6.00%
B 6.25%
C 6.50%
D 6.75%
64.
Which international agreement's goals are directly supported by the increased climate finance commitments discussed at the 2026 G20 Summit?
A The Kyoto Protocol.
B The Paris Agreement.
C The Montreal Protocol.
D The Basel Convention.
65.
The increased climate finance pledged at the 2026 G20 Summit is primarily intended to support which of the following?
A Space exploration initiatives.
B Global pandemic preparedness.
C Transition to clean energy and adaptation to climate impacts.
D Development of advanced military technologies.
66.
During the 2026 G20 Summit, what was a significant commitment made by participating nations regarding climate action?
A A pledge to completely phase out fossil fuels by 2030.
B An agreement to significantly increase climate finance for developing countries.
C A commitment to halt all deforestation by 2027.
D The establishment of a global carbon tax at $100 per ton.
67.
The 2026 G20 Summit's focus on sustainable development aimed to accelerate progress towards which UN initiative?
A The Paris Agreement on climate change.
B The Sendai Framework for Disaster Risk Reduction.
C The 2030 Agenda for Sustainable Development.
D The Universal Declaration of Human Rights.
68.
Which of the following was a primary outcome discussed at the 2026 G20 Summit regarding global economic stability?
A A unified global cryptocurrency regulation framework.
B Increased coordination on macroeconomic policies to combat inflation and foster growth.
C A complete overhaul of the World Trade Organization's dispute settlement mechanism.
D The establishment of a global minimum corporate tax rate of 10%.
69.
The G20 Summit held in 2026 concluded with a significant emphasis on which two key areas?
A Climate Change Mitigation and Renewable Energy Transition
B Sustainable Development and Global Economic Stability
C Digital Transformation and Artificial Intelligence Regulation
D Space Exploration and Cybersecurity
70.
What is a key financial mechanism proposed under the new urban infrastructure policy to encourage private investment?
A Public-Private Partnership (PPP) models
B Direct foreign aid
C Complete nationalization of urban assets
D Tax exemption for all urban residents
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