MCQs 2026

The Agni-V is a surface-to-surface, intercontinental ballistic missile with a range of over 5,000 km, capable of carrying a nuclear warhead.

The PMI is based on five major indicators: new orders, output, employment, suppliers' delivery times, and stocks of purchases. Stock market indices are not part of this calculation.

The Manufacturing Purchasing Managers' Index (PMI) for India is compiled and released by S&P Global based on surveys of purchasing executives.

A PMI reading above 50 indicates an expansion in manufacturing activity compared to the previous month, while below 50 indicates contraction.

The RBI is mandated to maintain retail inflation at 4% with a tolerance band of +/- 2% under the flexible inflation targeting framework.

By maintaining a high repo rate, the RBI makes borrowing costlier, which reduces money supply in the economy, thereby curbing demand-pull inflation.

The Monetary Policy Committee (MPC) is a statutory body under the RBI Act, 1934, responsible for fixing the benchmark interest rate (repo rate) in India.

A significant component of the new framework is the enhanced transparency and accountability mechanism, which will require countries to report more regularly and comprehensively on their emission reduction efforts and progress.

The framework builds upon the principle of 'common but differentiated responsibilities and respective capabilities,' urging all nations to submit ambitious Nationally Determined Contributions (NDCs) while acknowledging varying capacities and historical responsibilities.

The core objective of the new framework adopted at the 2026 UN Climate Change Conference was to provide a more robust and actionable pathway for countries to cut their greenhouse gas emissions more effectively.