UPSC/SSC/Banking MCQs: RBI, SEBI, Manufacturing

81.

As per the latest available data for July 2026, what has been the primary driver contributing to the recent fluctuations in India's retail inflation (CPI)?

A A significant decrease in global crude oil prices.

B Persistent high food inflation, particularly in vegetables and pulses.

C A sharp decline in manufactured goods prices due to supply chain improvements.

D Government subsidies leading to a reduction in essential commodity prices.

82.

What kind of benefits might a new export promotion scheme offer to businesses?

A Subsidies on domestic sales

B Tax incentives and duty drawbacks

C Restrictions on import of raw materials

D Increased regulatory compliance burden

83.

Which ministry is typically responsible for launching and overseeing export promotion schemes in India?

A Ministry of Finance

B Ministry of Commerce and Industry

C Ministry of External Affairs

D Ministry of Home Affairs

84.

The Indian government has recently launched a new export promotion scheme in 2026. What is the primary aim of this scheme?

A To reduce imports into India

B To boost India's merchandise and service exports

C To increase domestic consumption

D To attract foreign direct investment

85.

What is the primary objective of maintaining a stable repo rate by the RBI?

A To increase bank profits

B To control inflation and support economic growth

C To encourage foreign investment

D To reduce government borrowing costs

86.

Which body is responsible for deciding the policy repo rate in India?

A Securities and Exchange Board of India (SEBI)

B Monetary Policy Committee (MPC) of RBI

C Finance Ministry of India

D NITI Aayog

87.

As of the latest Monetary Policy Committee (MPC) meeting in 2026, what is the current status of the repo rate?

A Maintained at the previous level

B Increased by 25 basis points

C Decreased by 25 basis points

D Increased by 50 basis points

88.

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.

89.

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.

90.

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%

Economy & Business MCQs