Economy & Business MCQs

1.

The RBI's stance on economic growth is described as 'supportive' due to:

A High inflation rates

B Stable inflation within the target band

C Economic recession

D Increased unemployment

2.

What does 'Consumer Price Index (CPI)' measure?

A The wholesale prices of goods

B The average change over time in the prices paid by urban consumers for a market basket of consumer goods and services

C The prices of raw materials

D The prices of exported goods

3.

The focus remains on anchoring inflation expectations and ensuring:

A Price instability

B Price stability without hindering economic recovery

C Rapid economic growth at the cost of inflation

D Increased government borrowing

4.

Sustained moderation in inflation is crucial for:

A Decreasing purchasing power

B Discouraging investment

C Maintaining purchasing power and encouraging investment

D Increasing economic uncertainty

5.

What is the RBI continuing to monitor regarding inflation?

A Only domestic factors

B Global economic developments, supply-side disruptions, and climate events

C Stock market fluctuations

D Consumer confidence surveys only

6.

The RBI's monetary policy committee has acknowledged progress in:

A Increasing inflation

B Inflation management

C Reducing economic growth

D Increasing unemployment

7.

While overall inflation is stable, which categories have seen moderate price increases?

A Food and beverages

B Transportation and fuel

C Education and healthcare

D Clothing and footwear

8.

Which of the following factors contributed to the stabilization of inflation?

A Volatile global commodity prices

B Effective monetary policy measures by the RBI and a good monsoon season

C Rising food prices due to poor monsoon

D Increased government spending without control

9.

The RBI's mandated target band for inflation is:

A 1-4%

B 2-6%

C 3-7%

D 4-8%

10.

What is the approximate inflation rate in India for FY 2025-26, as measured by CPI?

A 3.0%

B 4.5%

C 5.5%

D 6.5%

Economy & Business MCQs - 2026-04-01