Economy and Business Current Affairs MCQs

1.

What does the RBI's 'Monetary Policy Stance' typically refer to?

A The specific interest rate set by the RBI.

B The RBI's overall approach and direction towards managing inflation and growth.

C The number of times the Monetary Policy Committee meets in a year.

D The foreign exchange reserves held by the RBI.

2.

When the RBI aims to control inflation, which of the following monetary policy tools is it most likely to use to reduce the money supply in the economy?

A Reducing the Cash Reserve Ratio (CRR)

B Increasing the Statutory Liquidity Ratio (SLR)

C Selling government securities in the open market

D Reducing the repo rate

3.

What is the current primary objective of the Reserve Bank of India's (RBI) monetary policy, as mandated by the Monetary Policy Framework?

A To maximize economic growth

B To maintain price stability while keeping in mind the objective of growth

C To reduce unemployment to the lowest possible level

D To manage the exchange rate of the Indian Rupee

4.

What is the general consensus among economists regarding India's GDP growth in FY26 compared to other major economies?

A India is expected to grow at a slower pace than most developed economies.

B India is projected to be one of the fastest-growing major economies.

C India's growth rate will be similar to that of China.

D India's growth will be significantly hampered by external factors.

5.

Which of the following factors is NOT typically cited as a primary driver for India's projected GDP growth in FY26?

A Strong domestic demand and consumption

B Government capital expenditure and infrastructure development

C A significant decline in global trade volumes

D Resilient services sector performance

6.

According to recent projections by major international financial institutions, what is the estimated GDP growth rate for India in the fiscal year 2025-26 (FY26)?

A Around 6.0%

B Around 6.5%

C Around 7.0%

D Around 7.5%

Economy & Business MCQs - 2026-05-24