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MCQs 2026

61.
What is the current policy repo rate as maintained by the RBI in 2026?
A 5.75%
B 6.00%
C 6.25%
D 6.50%
62.
What is the primary reason cited by the RBI for maintaining the current repo rate?
A To stimulate export growth
B To combat persistent inflation
C To encourage foreign investment
D To reduce the fiscal deficit
63.
As of the latest Monetary Policy Committee (MPC) meeting in 2026, what action has the Reserve Bank of India (RBI) taken regarding the repo rate?
A Increased the repo rate by 25 basis points
B Decreased the repo rate by 15 basis points
C Maintained the repo rate at its current level
D Removed the repo rate mechanism
64.
What are the primary drivers cited by the IMF for India's projected strong GDP growth in FY27?
A Decreasing inflation and stable global commodity prices
B Strong domestic demand and robust investment activity
C Reduced government spending and lower interest rates
D Export-led growth and favorable exchange rates
65.
Which international financial institution projected a robust GDP growth for India in FY27?
A World Bank
B International Monetary Fund (IMF)
C Asian Development Bank (ADB)
D Organisation for Economic Co-operation and Development (OECD)
66.
According to the IMF's projections for FY27 (ending March 2027), what is the anticipated GDP growth rate for India?
A 6.5%
B 7.0%
C 7.3%
D 6.8%
67.
The India-EU Trade and Technology Council (TTC) was established to:
A Coordinate approaches at the intersection of trade and technology
B Manage border security
C Regulate global oil prices
D Oversee humanitarian aid distribution
68.
Which agreement is currently being negotiated to boost the India-EU economic partnership?
A Free Trade Agreement (FTA)
B Military Alliance Treaty
C Nuclear Non-Proliferation Pact
D Space Cooperation Treaty
69.
In 2026, the India-EU Strategic Partnership dialogue focused heavily on which critical sector?
A Deep Sea Mining
B Critical and Emerging Technologies (CET)
C Agricultural subsidies
D Cultural exchange programs
70.
The G20 2026 summit reaffirmed commitment to which framework for global taxation?
A OECD/G20 Inclusive Framework on BEPS
B Kyoto Protocol
C Bretton Woods Agreement
D Paris Agreement
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