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MCQs 2026

71.
Which organization compiles the Manufacturing PMI data for India?
A Ministry of Finance
B S&P Global
C Reserve Bank of India
D NITI Aayog
72.
What does a Manufacturing PMI reading above 50 indicate?
A Contraction in manufacturing activity
B Expansion in manufacturing activity
C No change in activity
D High inflation only
73.
Which of the following is the primary objective of the RBI's Monetary Policy?
A Maintaining price stability while keeping in mind the objective of growth
B Fixing the exchange rate of the Rupee
C Managing the fiscal deficit of the government
D Directly funding infrastructure projects
74.
How many members are there in the RBI's Monetary Policy Committee?
A 4
B 5
C 6
D 7
75.
What is the current stance of the RBI's Monetary Policy Committee (MPC) regarding the Repo Rate as of late 2026?
A Accommodative
B Withdrawal of Accommodation
C Neutral
D Hawkish
76.
As per the latest IMF projections for FY 2026-27, India is expected to remain among the fastest-growing major economies. What is the primary focus of the IMF's surveillance?
A Only monitoring the exchange rates of member nations
B Ensuring stability of the international monetary system
C Providing loans only to developed nations
D Regulating the stock markets of all countries
77.
Which report is published by the IMF that contains the GDP growth projections for member countries?
A Global Financial Stability Report
B World Economic Outlook
C Fiscal Monitor
D International Trade Statistics
78.
What is the primary reason cited by the IMF for the upward revision of India's GDP growth forecast for FY 2026-27?
A Increased private consumption and robust investment
B Significant decrease in crude oil prices
C Reduction in corporate tax rates
D Expansion of the service sector exports only
79.
The UN Security Council's discussion on Indo-Pacific regional stability often involves multilateral frameworks. Which of the following is a key multilateral forum that plays a significant role in regional security architecture and was likely discussed?
A The Commonwealth of Independent States (CIS)
B The Shanghai Cooperation Organisation (SCO)
C The Association of Southeast Asian Nations (ASEAN)
D The African Union (AU)
80.
Which UN Security Council resolution, adopted in 2024, was referenced during the discussion on Indo-Pacific regional stability, emphasizing the importance of international law?
A Resolution 2701 (2023)
B Resolution 2721 (2024)
C Resolution 2688 (2023)
D Resolution 2750 (2024)
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