MCQs on Economy & Business: PLI, RBI, Green Hydrogen (July 2026)

1.

The investment in Green Hydrogen aligns with India's broader goals of:

A Increasing reliance on imported oil.

B Promoting fossil fuel exploration.

C Achieving energy independence and decarbonization.

D Expanding coal-based power generation.

2.

What makes 'Green Hydrogen' distinct from other forms of hydrogen production?

A It is produced using fossil fuels.

B It is produced through electrolysis powered by renewable energy sources.

C It is primarily used in the steel industry.

D It is stored in liquid form only.

3.

What is the announced investment amount by a leading Indian conglomerate in Green Hydrogen?

A INR 10,000 Crore

B INR 15,000 Crore

C INR 20,000 Crore

D INR 25,000 Crore

4.

What was the primary concern cited by the RBI's MPC for maintaining the current Repo Rate?

A High economic growth

B Persistent inflation concerns

C Surplus liquidity in the banking system

D Strong global demand for Indian exports

5.

Which body is primarily responsible for deciding the benchmark interest rates like the Repo Rate in India?

A Ministry of Finance

B Securities and Exchange Board of India (SEBI)

C Reserve Bank of India's Monetary Policy Committee (MPC)

D NITI Aayog

6.

What is the current Repo Rate maintained by the RBI's Monetary Policy Committee (MPC) as per the recent announcement?

A 6.0%

B 6.25%

C 6.5%

D 6.75%

7.

What does 'PLI' stand for in the context of government schemes like the one for Advanced Electronics Manufacturing?

A Public-Led Investment

B Production-Linked Incentive

C Project-Level Initiative

D Policy for Local Industry

8.

Which government initiative is the PLI scheme for Advanced Electronics Manufacturing a part of, aiming to make India a global manufacturing hub?

A Swachh Bharat Abhiyan

B Make in India

C National Health Mission

D Pradhan Mantri Jan Dhan Yojana

9.

The recently unveiled PLI scheme for Advanced Electronics Manufacturing primarily aims to achieve which of the following objectives?

A Boost domestic production and attract global investment in advanced electronics.

B Reduce the import duty on all electronic components.

C Promote the export of traditional textile products.

D Provide subsidies for agricultural machinery manufacturing.

Economy & Business MCQs - 2026-07-01