MCQs on India's Economy: GDP, Inflation, RBI Policy

81.

What does 'PLI' stand for in the context of government industrial schemes?

A Production Linked Incentive

B Public Limited Investment

C Price Level Index

D Policy for Local Industry

82.

What is the primary inflation target set for the RBI by the Government of India?

A 3% (+/- 2%)

B 4% (+/- 2%)

C 5% (+/- 1%)

D 6% (+/- 2%)

83.

Which committee is responsible for setting the monetary policy and managing inflation in India?

A Economic Advisory Council

B Monetary Policy Committee (MPC)

C Financial Stability and Development Council

D NITI Aayog

84.

What is 'Core Inflation' as monitored by the RBI?

A Headline inflation excluding food and fuel items

B Inflation based only on wholesale prices

C Inflation including all volatile items

D Inflation measured by the RBI's repo rate

85.

What does 'Corporate Resilience' typically imply in the context of quarterly earnings?

A Ability to maintain profits despite economic headwinds

B Reducing the number of employees

C Increasing the debt-to-equity ratio

D Stopping all new investments

86.

Which financial metric is commonly used to assess the profitability of a company in quarterly reports?

A PAT (Profit After Tax)

B Total Debt

C Number of Employees

D Market Capitalization

87.

What does 'Q4' refer to in the context of corporate financial reporting in India?

A October to December

B January to March

C April to June

D July to September

88.

Which of the following factors is a major contributor to retail inflation volatility in India?

A Stable service sector growth

B Food and fuel price fluctuations

C Fixed interest rates

D Constant industrial output

89.

What is the target range for retail inflation set by the RBI's Monetary Policy Committee?

A 4% +/- 2%

B 5% +/- 2%

C 3% +/- 1%

D 6% +/- 2%

90.

Which index is primarily used in India to measure retail inflation?

A WPI (Wholesale Price Index)

B CPI (Consumer Price Index)

C GDP Deflator

D PPI (Producer Price Index)

Economy & Business MCQs