Economy and Business Current Affairs MCQs

1.

Strong growth in the manufacturing sector is generally beneficial for an economy because it often leads to:

A Increased unemployment and inflation

B Higher job creation and economic output

C Reduced exports and foreign investment

D Decreased technological advancement

2.

What is a common indicator used to measure the growth of the manufacturing sector?

A Purchasing Managers' Index (PMI)

B Consumer Price Index (CPI)

C Wholesale Price Index (WPI)

D Gross Domestic Product (GDP) of the services sector

3.

According to recent data, India's manufacturing sector experienced strong growth in which quarter of 2026?

A Q1 2026

B Q2 2026

C Q3 2026

D Q4 2026

4.

Maintaining the repo rate at 6.5% in September 2026 is generally indicative of the RBI's stance on which economic aspect?

A Aggressive economic expansion

B Controlling inflation and maintaining price stability

C Rapid currency depreciation

D Encouraging high borrowing by the government

5.

Which committee is responsible for deciding the repo rate in India?

A Securities and Exchange Board of India (SEBI)

B Finance Commission

C Monetary Policy Committee (MPC)

D National Development Council (NDC)

6.

In its September 2026 policy review, the Reserve Bank of India (RBI) decided to maintain the repo rate at what percentage?

A 6.25%

B 6.50%

C 6.75%

D 7.00%

Economy & Business MCQs - 2026-09-04