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

121.

What is the composition of the Monetary Policy Committee (MPC) of the RBI?

A 3 members from RBI and 3 members from the Government

B 5 members from RBI and 1 member from the Government

C All 6 members appointed by the Prime Minister

D Only the RBI Governor

122.

Which instrument is primarily used by the RBI to manage liquidity in the banking system when the repo rate is kept unchanged?

A Open Market Operations (OMO)

B Direct tax collection

C Issuing new currency notes

D Changing the income tax slabs

123.

As of mid-2026, what is the primary objective of the RBI's Monetary Policy Committee in maintaining a status quo on the repo rate?

A To stimulate hyper-inflation

B To align inflation with the 4% target while supporting growth

C To completely devalue the Indian Rupee

D To increase the fiscal deficit

124.

NEEDS_REVIEW

A NEEDS_REVIEW

B NEEDS_REVIEW

C NEEDS_REVIEW

D NEEDS_REVIEW

125.

NEEDS_REVIEW

A NEEDS_REVIEW

B NEEDS_REVIEW

C NEEDS_REVIEW

D NEEDS_REVIEW

126.

NEEDS_REVIEW

A NEEDS_REVIEW

B NEEDS_REVIEW

C NEEDS_REVIEW

D NEEDS_REVIEW

127.

What is the primary objective of the RBI's Monetary Policy Committee?

A Maintaining price stability while keeping in mind the objective of growth

B Managing the fiscal deficit of the central government

C Regulating the stock market operations

D Fixing the minimum support price for crops

128.

Who chairs the RBI Monetary Policy Committee meeting?

A Union Finance Minister

B RBI Deputy Governor

C RBI Governor

D Chief Economic Advisor

129.

As of the latest RBI Monetary Policy Committee meeting in 2026, what is the composition of the MPC?

A 4 members from RBI and 2 from Government

B 3 members from RBI and 3 from Government

C 2 members from RBI and 4 from Government

D 5 members from RBI and 1 from Government

130.

Which of the following policy measures could be part of the government's strategy to boost renewable energy investment in 2026?

A Imposing higher taxes on solar panel manufacturers.

B Reducing subsidies for renewable energy projects.

C Offering production-linked incentives (PLI) and tax benefits.

D Relaxing environmental impact assessment norms for fossil fuel projects.

Economy & Business MCQs