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Economy & Business MCQs - 2026-08-17

1.
How many members constitute the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI)?
A Six
B Five
C Seven
D Eight
2.
What is the primary objective of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC)?
A To achieve price stability while keeping in mind the objective of growth.
B To maximize government revenue through taxation.
C To regulate the stock market and ensure investor protection.
D To manage foreign exchange reserves for trade balance.
3.
As of the latest Monetary Policy Committee (MPC) review in 2026, what is the current Repo Rate maintained by the Reserve Bank of India (RBI)?
A 6.50%
B 6.25%
C 6.75%
D 7.00%
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