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Economy & Business MCQs - 2026-07-14

1.
The decision by the RBI's Monetary Policy Committee (MPC) to maintain the repo rate at 6.50% for the seventh consecutive review in 2026 reflects which of the following economic conditions?
A High and persistent inflation requiring tighter monetary policy.
B Slowing economic growth necessitating rate cuts.
C A balanced approach to manage inflation while supporting growth.
D Deflationary pressures in the economy.
2.
What is the primary objective of the RBI in maintaining the repo rate at its current level, as indicated by the latest MPC review in 2026?
A To stimulate economic growth aggressively.
B To ensure inflation remains within the target range.
C To increase the value of the Indian Rupee.
D To reduce the government's borrowing costs.
3.
As of the latest Monetary Policy Committee (MPC) review in 2026, the Reserve Bank of India (RBI) has maintained the repo rate at what percentage for the seventh consecutive time?
A 6.25%
B 6.50%
C 6.75%
D 6.00%
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