Economy & Business MCQs: RBI Policy, Export Scheme 2026

181.

Who chairs the Monetary Policy Committee (MPC) meetings?

A Finance Minister

B RBI Governor

C Deputy Governor of RBI

D Chief Economic Advisor

182.

How many members are there in the Monetary Policy Committee (MPC) of the RBI?

A 4 members

B 5 members

C 6 members

D 7 members

183.

What is the current Repo Rate as decided by the Monetary Policy Committee (MPC)?

A 6.0%

B 6.25%

C 6.5%

D 6.75%

184.

What is the medium-term target for CPI inflation set by the Government of India for the RBI?

A 2% (+/- 2%)

B 4% (+/- 2%)

C 5% (+/- 1%)

D 6% (+/- 2%)

185.

Which index does the RBI primarily use to measure retail inflation in India?

A WPI (Wholesale Price Index)

B CPI (Consumer Price Index)

C GDP Deflator

D PPI (Producer Price Index)

186.

What is the projected CPI inflation rate for FY25 as estimated by the RBI?

A 4.0%

B 4.5%

C 5.0%

D 5.5%

187.

The RBI's GDP growth forecast of 7% for FY25 is based on which type of growth?

A Nominal GDP

B Real GDP

C Per Capita GDP

D Gross National Product

188.

Which institution is responsible for releasing the GDP growth forecast for the Indian economy?

A Ministry of Finance

B NITI Aayog

C Reserve Bank of India

D World Bank

189.

What is the projected GDP growth rate for India for the financial year 2024-25 (FY25) as per the RBI?

A 6.5%

B 7.0%

C 7.2%

D 6.8%

190.

What is the typical stance of the RBI on liquidity management when inflation is a concern?

A To remain neutral and not interfere with market liquidity.

B To actively absorb liquidity from the system.

C To inject liquidity into the system to stimulate growth.

D To maintain a comfortable liquidity surplus.