Economy & Business MCQs

The RBI expects inflation to moderate to 4.5% in FY25.

The topic clearly states 'RBI Projects 7.2% GDP Growth for FY25'.

The topic explicitly states that the 7.2% GDP growth for FY25 is projected amidst strong domestic demand.

The RBI has projected a GDP growth rate of 7.2% for FY25, driven by strong domestic demand.

Issuing sovereign bonds (government securities) is a common way for governments to borrow funds from the market to finance large-scale projects, including infrastructure.

The National Solar Mission (Jawaharlal Nehru National Solar Mission) is a flagship program of the Government of India to promote solar energy.

Infrastructure investment creates jobs, stimulates demand for materials and services, and improves logistics and connectivity, thereby boosting aggregate demand and productivity, leading to economic growth.

Cash Reserve Ratio (CRR) is a quantitative tool that directly impacts the liquidity in the banking system. Moral Suasion, Direct Action, and Margin Requirements are qualitative tools.

Maintaining a 'status quo' means that the existing policy rates, such as the Repo Rate, Reverse Repo Rate, and others, will remain unchanged.

The Governor of the Reserve Bank of India serves as the ex-officio Chairperson of the Monetary Policy Committee.