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Economy & Business MCQs - 2026-06-02

1.
Who chairs the Monetary Policy Committee (MPC) meetings?
A Finance Minister
B RBI Governor
C Deputy Governor of RBI
D Chief Economic Advisor
2.
How many members are there in the Monetary Policy Committee (MPC) of the RBI?
A 4 members
B 5 members
C 6 members
D 7 members
3.
What is the current Repo Rate as decided by the Monetary Policy Committee (MPC)?
A 6.0%
B 6.25%
C 6.5%
D 6.75%
4.
What is the medium-term target for CPI inflation set by the Government of India for the RBI?
A 2% (+/- 2%)
B 4% (+/- 2%)
C 5% (+/- 1%)
D 6% (+/- 2%)
5.
Which index does the RBI primarily use to measure retail inflation in India?
A WPI (Wholesale Price Index)
B CPI (Consumer Price Index)
C GDP Deflator
D PPI (Producer Price Index)
6.
What is the projected CPI inflation rate for FY25 as estimated by the RBI?
A 4.0%
B 4.5%
C 5.0%
D 5.5%
7.
The RBI's GDP growth forecast of 7% for FY25 is based on which type of growth?
A Nominal GDP
B Real GDP
C Per Capita GDP
D Gross National Product
8.
Which institution is responsible for releasing the GDP growth forecast for the Indian economy?
A Ministry of Finance
B NITI Aayog
C Reserve Bank of India
D World Bank
9.
What is the projected GDP growth rate for India for the financial year 2024-25 (FY25) as per the RBI?
A 6.5%
B 7.0%
C 7.2%
D 6.8%
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