Economy & Business Current Affairs MCQs for UPSC, SSC, Banking Exams

11.

How does India's economic growth contribute to the global economy?

A By increasing global inflation

B By becoming a major consumer market and investment destination

C By reducing global trade volumes

D By exporting low-value goods

12.

Which sectors are identified as key contributors to India's economic expansion?

A Agriculture and mining

B Manufacturing and services

C Textiles and construction

D IT and healthcare

13.

What is a significant impact of sustained GDP growth on India?

A Decreased per capita income and reduced employment

B Increased reliance on foreign aid and lower investment

C Enhanced per capita income, job creation, and attraction of foreign investment

D Stagnation in key economic sectors and reduced business opportunities

14.

Which factors are primarily driving India's projected GDP growth in FY27?

A Declining exports and reduced government spending

B Strong domestic consumption and increased capital expenditure

C Lower inflation and stable global commodity prices

D Increased foreign debt and reduced private investment

15.

What is the projected GDP growth rate for India in FY27 by major economic agencies?

A Approximately 6.0-6.5%

B Approximately 7.0-7.5%

C Approximately 8.0-8.5%

D Approximately 5.5-6.0%

Economy & Business MCQs - 2026-04-12