Economy & Business MCQs: RBI Policy and Inflation June 2026

1.

The RBI's target range for retail inflation (CPI) is generally set at:

A 2% to 4%

B 4% to 6%

C 3% to 5%

D 5% to 7%

2.

Which category of goods and services typically has the largest weightage in India's Consumer Price Index (CPI)?

A Housing

B Food and Beverages

C Transport and Communication

D Clothing and Footwear

3.

According to the June 2026 update, what was the approximate trend observed in India's retail inflation (Consumer Price Index - CPI)?

A Significant decrease

B Slight increase

C Remained stable

D Sharp rise

4.

The decision to maintain the Repo Rate at 6.5% in June 2026 is primarily aimed at achieving which of the following objectives?

A Boosting short-term economic growth significantly

B Controlling inflation and ensuring price stability

C Reducing the fiscal deficit

D Increasing foreign exchange reserves

5.

Which body of the Reserve Bank of India is responsible for deciding the Repo Rate?

A Board of Directors

B Monetary Policy Committee (MPC)

C Executive Committee

D Financial Stability Board

6.

As per the June 2026 Monetary Policy Committee (MPC) review, what is the current Repo Rate maintained by the Reserve Bank of India (RBI)?

A 6.25%

B 6.50%

C 6.75%

D 6.00%

Economy & Business MCQs - 2026-06-15