UPSC/SSC/Banking MCQs: India's Economy, Policy & Business

1.

Which of the following is a key strategy employed under the 'Make in India' initiative to boost manufacturing?

A Increasing import duties on all goods

B Promoting foreign direct investment (FDI)

C Discouraging technological advancements

D Focusing solely on public sector enterprises

2.

In which year was the 'Make in India' initiative launched?

A 2012

B 2014

C 2016

D 2018

3.

What is the primary objective of the 'Make in India' initiative?

A Promote tourism

B Boost manufacturing sector

C Develop agricultural exports

D Enhance service sector growth

4.

The Reserve Bank of India (RBI) has a mandated inflation target range for India. What is the mid-point of this target range?

A 2%

B 4%

C 6%

D 8%

5.

The term "inflation moderates" in the context of 4.5% by end of FY27 implies what?

A Inflation is increasing.

B Inflation is decreasing.

C Inflation is stable at a high level.

D Inflation is stable at a low level.

6.

What is the projected inflation rate for India by the end of FY27?

A 5.0%

B 4.5%

C 4.0%

D 5.5%

7.

What does a 7.5% economic growth projection for FY27 primarily suggest about India's position among major economies?

A It will be among the slowest growing.

B It will be among the fastest growing.

C It will experience a contraction.

D It will maintain a stagnant growth.

8.

A projected economic growth rate of 7.5% for FY27 indicates what about India's economic outlook?

A Slowdown

B Stagnation

C Robust expansion

D Recession

9.

What is India's projected economic growth rate for FY27?

A 7.0%

B 7.5%

C 8.0%

D 6.5%

Economy & Business MCQs - 2026-06-05