MCQs - 2026-09

The expansion aims to create a robust domestic semiconductor manufacturing and design ecosystem, thereby reducing dependence on imports and enhancing technological self-reliance.

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.

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.

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.

The RBI's Monetary Policy Committee (MPC) in its September 2026 review decided to keep the policy repo rate unchanged at 6.50%.

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.

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.

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.

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.

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.