Economy & Business MCQs: RBI Policy, Export Scheme 2026

101.

Which organization typically publishes the Manufacturing PMI data for India?

A S&P Global

B World Bank

C NITI Aayog

D Ministry of Finance

102.

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

103.

What happens when the RBI keeps the Repo Rate unchanged?

A Commercial banks increase their lending rates immediately

B The cost of borrowing for banks remains stable

C The money supply in the economy decreases drastically

D The government stops issuing bonds

104.

What is the primary objective of the RBI maintaining the Repo Rate?

A To increase government spending

B To manage inflation and support economic growth

C To devalue the Indian Rupee

D To reduce foreign direct investment

105.

Which committee is responsible for deciding the Repo Rate in India?

A Monetary Policy Committee (MPC)

B Fiscal Policy Committee

C Economic Advisory Council

D Securities and Exchange Board of India

106.

What does UPI stand for in the context of digital payments?

A Unified Payment Interface

B Universal Payment Initiative

C United Payments Integration

D Unique Payment Identifier

107.

What trend is observed in digital payments according to the given topic?

A A decline in transactions

B Stagnation in growth

C A continuous surge

D A shift to cash payments

108.

Which specific digital payment system is highlighted for reaching new milestones in transactions?

A NEFT

B RTGS

C UPI

D IMPS

109.

What does 'inflation moderation' generally imply for the economy?

A Prices are rising at a faster rate

B Prices are falling rapidly

C Prices are still rising, but at a slower pace

D Prices have stabilized completely

110.

In light of the expected inflation moderation, what action did the RBI take regarding the repo rate?

A Increased the repo rate

B Decreased the repo rate

C Kept the repo rate unchanged

D Introduced a new lending rate