MCQs: RBI Policy & Green Tech PLI Scheme (May 2026)

1.

The PLI scheme for Green Technologies is part of a larger government initiative to achieve which of the following national goals?

A Increasing dependence on imported fossil fuels

B Reducing carbon emissions and promoting renewable energy adoption

C Promoting traditional industries without technological upgrades

D Maintaining the status quo in energy production

2.

Which of the following sectors is expected to benefit significantly from the new PLI scheme for Green Technologies?

A Fossil Fuel Extraction

B Advanced Chemistry Cell (ACC) Battery Manufacturing

C Traditional Textile Manufacturing

D Coal-fired Power Plants

3.

What is the primary objective of the Production-Linked Incentive (PLI) scheme for Green Technologies recently unveiled by the government?

A To promote the import of green technology products

B To boost domestic manufacturing and exports of green technology products

C To increase the price of renewable energy sources

D To discourage investment in research and development of green technologies

4.

Which of the following rates is NOT typically announced as part of the RBI's bi-monthly monetary policy statement?

A Repo Rate

B Reverse Repo Rate

C Bank Rate

D Prime Lending Rate

5.

What is the primary objective of the Monetary Policy Committee (MPC) of the RBI when setting the policy repo rate?

A To maximize bank profits

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

C To reduce unemployment to zero percent

D To ensure a fixed exchange rate for the Indian Rupee

6.

Which of the following is a key tool used by the Reserve Bank of India (RBI) to manage liquidity and control inflation during its bi-monthly monetary policy announcements?

A Open Market Operations (OMO)

B Fiscal Deficit Management

C Government Debt Issuance

D Foreign Exchange Intervention

Economy & Business MCQs - 2026-05-29