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MCQs 2026

61.
What was the projected CPI inflation rate for FY27 as announced in the RBI's October 2026 Monetary Policy Statement?
A 4.5%
B 4.8%
C 5.0%
D 5.2%
62.
In the October 2026 Monetary Policy Review, the Reserve Bank of India maintained the repo rate at what level?
A 5.90%
B 6.15%
C 6.50%
D 6.75%
63.
As per the Monetary Policy Statement of October 2026, what is the projected GDP growth rate for FY27?
A 6.8%
B 7.0%
C 7.2%
D 6.5%
64.
What is the name of the comprehensive trade agreement currently in force between Canada and the European Union?
A NAFTA (North American Free Trade Agreement)
B USMCA (United States-Mexico-Canada Agreement)
C CETA (Comprehensive Economic and Trade Agreement)
D TTIP (Transatlantic Trade and Investment Partnership)
65.
The deepening of trade relations between Canada and the EU is occurring in anticipation of which significant international event?
A COP31 Climate Summit
B World Economic Forum Annual Meeting
C G20 Leaders' Summit
D G7 Summit 2026
66.
Which two major economic blocs are reported to be deepening their trade relations ahead of the 2026 G7 Summit?
A Canada and the United States
B Canada and the European Union
C European Union and the United Kingdom
D United States and Mexico
67.
Which of the following countries is a permanent member of the G7 group?
A Russia
B India
C Italy
D Brazil
68.
What are the two primary focus areas identified for the 2026 G7 Summit, hosted by Canada?
A Global health and digital innovation
B Economic stability and climate action
C Space exploration and artificial intelligence
D Trade liberalization and geopolitical security
69.
Which country is confirmed to host the G7 Summit in 2026, with a primary focus on economic stability and climate action?
A Canada
B Germany
C Japan
D United States
70.
What is a potential outcome or aim of the Supreme Court's consideration of petitions on electoral reforms in 2026?
A To introduce a single-party system.
B To strengthen the Election Commission's powers.
C To abolish the right to vote.
D To increase the influence of money in politics.
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