Economy and Banking Current Affairs MCQs

1.

Despite global economic uncertainties, what is the general consensus regarding India's economic performance in the near future?

A Significant slowdown expected

B Moderate growth with potential headwinds

C Continued robust growth compared to peers

D Economic contraction due to external shocks

2.

What is a key factor contributing to India's resilient economic growth outlook, according to various reports?

A Declining inflation rates

B Strong government capital expenditure

C Reduced global trade tensions

D Significant increase in foreign direct investment

3.

Which international financial institution recently projected India's GDP growth at 6.7% for the fiscal year 2024-25, citing resilient domestic demand?

A International Monetary Fund (IMF)

B World Bank

C Asian Development Bank (ADB)

D Organisation for Economic Co-operation and Development (OECD)

4.

What is the primary reason for the significant increase in the RBI's surplus transfer in the current fiscal year?

A Increased foreign exchange reserves

B Improved performance of public sector banks

C Higher income from open market operations and valuation gains

D Reduced expenditure on monetary policy implementation

5.

Which committee's recommendations are generally followed for determining the dividend payout by the RBI to the government?

A Narasimham Committee

B Bimal Jalan Committee

C Urjit Patel Committee

D Raghuram Rajan Committee

6.

What is the record amount of surplus that the Reserve Bank of India (RBI) has approved to be transferred to the Central Government for the fiscal year 2023-24?

A ₹1.20 lakh crore

B ₹1.50 lakh crore

C ₹2.10 lakh crore

D ₹1.00 lakh crore

Economy & Business MCQs - 2026-05-23