Current Affairs & MCQs
Latest Questions, Daily Updates & More

Economy & Business MCQs

111.
In 2026, the Reserve Bank of India (RBI) announced enhanced guidelines for digital lending. Which of the following is a key objective of these new guidelines?
A To restrict all forms of digital lending to only scheduled commercial banks.
B To ensure greater transparency, fairness, and consumer protection in digital lending.
C To mandate a fixed interest rate cap for all digital loans.
D To encourage unregulated peer-to-peer lending platforms.
112.
The 'National Export Growth Initiative' is expected to focus on which of the following aspects to achieve its goal of boosting global trade?
A Reducing the number of export-oriented Special Economic Zones (SEZs)
B Simplifying export procedures and improving logistics
C Increasing import duties on raw materials
D Discouraging participation in international trade fairs
113.
Which government ministry is typically at the forefront of implementing initiatives like the 'National Export Growth Initiative' in India?
A Ministry of Finance
B Ministry of Commerce and Industry
C Ministry of External Affairs
D Ministry of Home Affairs
114.
What is the primary objective of the 'National Export Growth Initiative' launched by India in 2026 to enhance its global trade presence?
A To reduce import tariffs on essential goods
B To promote and facilitate the growth of Indian exports
C To restrict foreign investment in manufacturing
D To increase domestic consumption of local products
115.
The Monetary Policy Committee (MPC) is a committee constituted by the Reserve Bank of India (RBI) under which Act, responsible for setting the benchmark interest rate (Repo Rate)?
A The Banking Regulation Act, 1949
B The Reserve Bank of India Act, 1934
C The Companies Act, 2013
D The Securities Contracts (Regulation) Act, 1956
116.
Which of the following is a primary objective of the Reserve Bank of India (RBI) when deciding on the Repo Rate, as highlighted in the context of inflation concerns in 2026?
A Maximizing bank profits
B Controlling inflation and ensuring price stability
C Increasing the stock market index
D Reducing the fiscal deficit
117.
As of the latest Monetary Policy Committee (MPC) meeting in 2026, what was the prevailing Repo Rate maintained by the Reserve Bank of India (RBI) to manage inflation?
A 6.00%
B 6.25%
C 6.50%
D 6.75%
118.
Which organization typically releases the official GDP growth data for India?
A National Statistical Office (NSO)
B World Bank
C International Monetary Fund
D NITI Aayog
119.
What does 'Resilience' in the context of India's GDP growth imply?
A The economy is immune to all global shocks
B The economy continues to grow despite global headwinds and uncertainties
C The economy has stopped growing
D The economy is solely dependent on gold reserves
120.
Which sector is primarily driving India's resilient GDP growth in Q1 FY27?
A Services and Manufacturing
B Only subsistence farming
C Foreign aid dependency
D Export of raw minerals only
Home Exams Jobs Current Affairs Mock Tests