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MCQs 2026

61.
What is the current medium-term inflation target set by the Government of India for the Reserve Bank of India, which the MPC is mandated to achieve?
A 2% with a band of +/- 1%
B 4% with a band of +/- 2%
C 6% with a band of +/- 2%
D 5% with a band of +/- 1%
62.
In early 2026, if the Reserve Bank of India's Monetary Policy Committee (MPC) maintains a "withdrawal of accommodation" stance, what does it primarily signal regarding its future policy direction?
A Likelihood of further rate hikes
B Expectation of rate cuts
C Neutral stance
D Focus on liquidity injection
63.
What is the primary objective of the Reserve Bank of India's Monetary Policy Committee (MPC) as per its mandate?
A Price stability
B Economic growth
C Exchange rate management
D Financial inclusion
64.
The G20 Summit 2026's climate pact also addressed the issue of climate finance. What is the primary goal of climate finance in this context?
A To fund space missions for climate monitoring
B To support developing countries in their climate mitigation and adaptation efforts
C To subsidize the fossil fuel industry
D To invest in carbon capture technologies only
65.
Which of the following was a specific commitment made under the International Climate Action Pact at the G20 Summit 2026?
A To increase coal production by 15% by 2030
B To mobilize significant financial resources for climate adaptation and mitigation in developing countries
C To halt all research into renewable energy technologies
D To reduce international cooperation on climate research
66.
At the G20 Summit 2026, an 'International Climate Action Pact' was signed. What was a key objective of this pact?
A To mandate a complete ban on international travel
B To accelerate the transition to clean energy and reduce greenhouse gas emissions
C To establish a global carbon tax on all consumer goods
D To promote the use of fossil fuels for energy security
67.
The G20 Summit 2026 also highlighted the importance of inclusive growth. What does this typically entail in the context of G20 discussions?
A Focusing solely on the economic growth of member states
B Ensuring that economic benefits are shared broadly across all segments of society
C Prioritizing technological advancements over social welfare
D Reducing international trade barriers without considering domestic impact
68.
Which of the following was a significant outcome or declaration from the G20 Summit 2026 regarding economic cooperation?
A Establishment of a new global financial safety net
B Commitment to accelerate debt restructuring for vulnerable nations
C Agreement to phase out all fossil fuel subsidies by 2030
D Formation of a joint task force on cryptocurrency regulation
69.
The G20 Summit in 2026 concluded with a primary focus on which two key areas?
A Global Economic Stability and Sustainable Growth
B Digital Transformation and Artificial Intelligence
C Space Exploration and Renewable Energy
D Pandemic Preparedness and Healthcare Access
70.
Which parliamentary committee typically reviews amendments related to administrative reforms and public grievances?
A Public Accounts Committee
B Estimates Committee
C Department-related Standing Committee on Personnel, Public Grievances, Law and Justice
D Ethics Committee
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