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Economy & Business MCQs - 2026-05-02

1.
Robust GDP growth is generally associated with which of the following?
A Increased industrial production and consumption
B High unemployment rates
C Decreased foreign investment
D Stagnant export growth
2.
What does 'Q4' refer to in the context of India's financial year?
A April to June
B July to September
C October to December
D January to March
3.
Which organization typically releases the GDP growth projections for India?
A National Statistical Office (NSO)
B NITI Aayog
C Ministry of Commerce
D World Bank
4.
Who chairs the Monetary Policy Committee (MPC) of the RBI?
A Finance Minister
B Prime Minister
C RBI Governor
D Chief Economic Advisor
5.
What is the primary objective of the RBI maintaining a high Repo Rate?
A To increase liquidity in the market
B To control inflation
C To promote export growth
D To decrease the fiscal deficit
6.
Which committee is responsible for deciding the Repo Rate in India?
A Monetary Policy Committee (MPC)
B Fiscal Policy Committee
C Economic Advisory Council
D Securities and Exchange Board of India
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