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Economy & Business MCQs - 2026-04-06

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21.
The growth of new industries like green hydrogen, battery storage, and EV manufacturing due to green transition primarily contributes to which of the following?
A Increased reliance on fossil fuels
B Creation of substantial employment opportunities
C Decreased foreign direct investment
D Reduced focus on energy security
22.
What are the dual drivers for India's imperative for green transition?
A Environmental concerns and strategic goal of enhancing energy security
B Boosting agricultural exports and reducing trade deficit
C Promoting tourism and cultural exchange
D Expanding digital infrastructure and financial inclusion
23.
Which of the following are mentioned as financing mechanisms for sustainable projects in India as of April 2026?
A 1. Carbon credit market 2. Green bond issuances 3. Foreign currency loans from IMF 4. Direct subsidies for fossil fuel projects
B 1 and 2 only
C 1, 2 and 3 only
D 1, 2, 3 and 4
24.
Which of the following initiatives is specifically mentioned as having moved beyond initial pilot projects to commercial-scale facilities by April 2026?
A Solar energy capacity addition
B Wind energy capacity addition
C National Green Hydrogen Mission
D Energy efficiency programs
25.
What is India's ambitious target for net-zero emissions, as committed under its 'Panchamrit' pledges?
A By 2030
B By 2047
C By 2050
D By 2070
26.
The underlying principle of India's DPI ecosystem, as described in the passage, includes which of the following characteristics?
A Closed and proprietary
B Centralized and government-controlled only
C Open, interoperable, and consent-based
D Exclusive to large corporations
27.
Which of the following is NOT a direct impact or significance of the continued evolution of India's DPI and fintech ecosystem?
A Deepening financial inclusion
B Reducing barriers to entry for new businesses
C Increasing reliance on physical cash
D Empowering MSMEs with access to broader markets and credit
28.
What is the primary function of the Account Aggregator (AA) framework?
A To facilitate direct government benefit transfers
B To enable seamless and secure sharing of financial data with user consent
C To regulate cryptocurrency transactions
D To provide instant loans to MSMEs without collateral
29.
As of April 2026, the Open Network for Digital Commerce (ONDC) has expanded its reach to integrate which of the following sectors?
A Only retail e-commerce
B Retail, mobility, and logistics only
C Retail, mobility, logistics, and agriculture
D Only government procurement
30.
Which of the following are considered foundational digital platforms within India's Digital Public Infrastructure (DPI)? 1. Aadhaar 2. Unified Payments Interface (UPI) 3. Jan Dhan Yojana 4. National Stock Exchange (NSE)
A 1, 2 and 3 only
B 1, 2 and 4 only
C 1, 3 and 4 only
D 1, 2, 3 and 4
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