Economy & Business MCQs: RBI Policy, Export Scheme 2026

91.

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%

92.

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

93.

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

94.

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

95.

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

96.

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%

97.

What is a common feature of government export promotion schemes?

A Interest subvention on export credit

B Mandatory closure of all local shops

C Increasing import duties on all goods

D Prohibiting the use of technology

98.

Which sector is the primary beneficiary of the new Export Promotion Scheme?

A Large Public Sector Undertakings

B Micro, Small and Medium Enterprises (MSMEs)

C Agricultural sector only

D Service sector giants

99.

What is the primary focus of the new Export Promotion Scheme for MSMEs?

A To increase import of raw materials

B To boost global competitiveness and export volume

C To provide free land to industries

D To nationalize small businesses

100.

Which of the following is a key component used to calculate the Manufacturing PMI?

A New Orders

B Stock Market Index

C Foreign Exchange Reserves

D Corporate Tax Rates