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MCQs - 2026-09

931.
What is the primary objective of the RBI's Monetary Policy Framework in India?
A To maximize the profit of commercial banks
B To maintain price stability while keeping in mind the objective of growth
C To regulate the stock market indices
D To manage the fiscal deficit of the Union Government
932.
Which of the following instruments is NOT a direct tool used by the RBI in its Bi-Monthly Monetary Policy to manage liquidity?
A Repo Rate
B Cash Reserve Ratio (CRR)
C Goods and Services Tax (GST) Rate
D Statutory Liquidity Ratio (SLR)
933.
As of early 2026, which committee is responsible for determining the policy repo rate in India?
A Monetary Policy Committee (MPC)
B Financial Stability and Development Council (FSDC)
C Economic Advisory Council to the Prime Minister
D Reserve Bank Board
934.
Which of the following countries is NOT a permanent member of the G7 group as of 2026?
A Germany
B Italy
C India
D Japan
935.
Which country hosted the G7 Summit in 2025, immediately preceding Canada's turn in 2026?
A Italy
B United States
C United Kingdom
D Germany
936.
Which country is scheduled to host the G7 Summit in 2026?
A France
B Germany
C Canada
D Japan
937.
As per the Digital Personal Data Protection Act, upheld by the Supreme Court in 2026, what is the general requirement for processing an individual's personal data?
A Obtaining explicit consent from the individual.
B Paying a fee to the Data Protection Authority.
C Publishing the data in a public domain.
D Securing approval from the Ministry of Electronics and Information Technology.
938.
The Supreme Court's ruling in 2026 concerning the Digital Personal Data Protection Act primarily reinforces the government's stance on:
A Balancing data protection with national security imperatives.
B Promoting unchecked data collection by corporations.
C Reducing the scope of data privacy rights for citizens.
D Eliminating the need for consent in data processing.
939.
In 2026, the Supreme Court of India upheld key provisions of the Digital Personal Data Protection Act. Which of the following is a significant aspect of this Act that was affirmed?
A The Act mandates the appointment of a Data Protection Officer for all businesses processing personal data.
B The Act grants individuals the right to access and correct their personal data held by entities.
C The Act allows for the unrestricted sharing of personal data with third parties for marketing purposes.
D The Act imposes a blanket ban on the collection of any form of digital personal data.
940.
The 'Bharat Vikas Nidhi' scheme, operational since 2026, aims to leverage which of the following for funding rural infrastructure projects?
A Public-Private Partnerships (PPPs) and dedicated infrastructure bonds.
B Only central government budgetary allocations.
C International development aid exclusively.
D Grants from Non-Governmental Organizations (NGOs).
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