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MCQs 2026

61.
Which of the following is a primary objective of the RBI's monetary policy as per the Reserve Bank of India Act, 1934?
A Maximizing industrial output
B Maintaining price stability while keeping in mind the objective of growth
C Ensuring full employment
D Managing the exchange rate of the Indian Rupee
62.
What is the current stance of the RBI's monetary policy, as reiterated in the latest review meeting?
A Accommodative
B Neutral
C Withdrawal of accommodation
D Aggressively tightening
63.
At the conclusion of its recent monetary policy review meeting in 2026, what did the Reserve Bank of India (RBI) decide regarding the repo rate?
A Increased the repo rate by 25 basis points.
B Decreased the repo rate by 15 basis points.
C Kept the repo rate unchanged.
D Increased the reverse repo rate by 10 basis points.
64.
Which sector is expected to be a major contributor to India's GDP growth in Q2 FY27, according to the projections?
A Agriculture
B Services
C Manufacturing
D Construction
65.
What is the projected GDP growth rate for India in Q2 FY27 as per the latest projections?
A 6.5%
B 7.0%
C 7.2%
D 6.8%
66.
Which international financial institution recently projected India's GDP growth rate for Q2 FY27?
A World Bank
B International Monetary Fund (IMF)
C Asian Development Bank (ADB)
D Organisation for Economic Co-operation and Development (OECD)
67.
Regarding the governance of digital technologies, the 2026 G20 Summit's Digital Transformation Agenda highlighted the importance of international cooperation. What specific area of digital governance was a key point of discussion?
A Establishing common principles for data governance and cross-border data flows.
B Creating a global firewall to control internet content.
C Mandating the use of a single programming language for all digital applications.
D Developing a unified global cybersecurity enforcement agency.
68.
The Digital Transformation Agenda agreed at the 2026 G20 Summit emphasized digital inclusion. Which of the following measures was proposed to enhance digital inclusion?
A Investing in digital literacy programs and affordable internet access.
B Implementing strict regulations on social media usage.
C Limiting access to digital government services for certain demographics.
D Promoting the use of outdated technologies to ensure compatibility.
69.
The 2026 G20 Summit saw an agreement on a comprehensive Digital Transformation Agenda. What was a central objective of this agenda?
A To promote the development and adoption of secure and trustworthy digital infrastructure.
B To restrict cross-border data flows to protect national security.
C To centralize all digital services under a single global authority.
D To discourage the use of artificial intelligence in public services.
70.
The 2026 G20 Summit's outcome document on sustainable development included a commitment to mobilize finance. What was the primary mechanism discussed for mobilizing sustainable finance for developing countries?
A Increasing private sector investment through blended finance and green bonds.
B Reducing the lending rates of international financial institutions to zero.
C Canceling all existing sovereign debt of developing nations.
D Establishing a global currency controlled by the G20.
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