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Economy & Business MCQs - 2026-06-29

1.
A multi-year high in Manufacturing PMI typically suggests:
A Increased industrial output and demand
B Decrease in export orders
C Stagnation in the service sector
D Reduction in employment opportunities
2.
Which organization compiles the Manufacturing PMI data for India?
A World Bank
B S&P Global
C Ministry of Finance
D NITI Aayog
3.
What does a Manufacturing PMI reading above 50 indicate?
A Economic contraction
B Economic expansion
C No change in economic activity
D High inflation only
4.
When the RBI revises the GDP projection, it reflects the central bank's assessment of:
A Future economic growth prospects
B Past tax collection data
C Stock market volatility
D Corporate profit margins
5.
What is the primary objective of the RBI maintaining the Repo Rate?
A To increase fiscal deficit
B To manage inflation and support growth
C To devalue the Indian Rupee
D To increase foreign direct investment
6.
Which committee is responsible for deciding the Repo Rate in India?
A Financial Stability and Development Council
B Monetary Policy Committee
C Economic Advisory Council
D Securities and Exchange Board of India
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