Economy & Business Current Affairs MCQs

1.

The PLI scheme for semiconductors aims to incentivize investments across various stages of the semiconductor value chain. Which of the following is NOT typically a stage covered?

A Chip Design

B Wafer Fabrication

C Assembly, Testing, and Packaging (ATP)

D Software Development for Operating Systems

2.

What is a key objective of expanding the PLI scheme for the semiconductor ecosystem?

A To reduce India's reliance on imported semiconductors.

B To promote traditional handicraft industries.

C To increase agricultural output.

D To encourage foreign tourism.

3.

The Indian government has expanded the Production Linked Incentive (PLI) scheme to further boost which sector's ecosystem?

A Textile Manufacturing

B Pharmaceuticals

C Semiconductor Manufacturing

D Automobile Industry

4.

Which body within the RBI is responsible for deciding the repo rate?

A Board of Directors

B Executive Committee

C Monetary Policy Committee (MPC)

D Financial Stability Board

5.

What is the primary objective of maintaining the repo rate at 6.5% by the RBI in September 2026, as per its mandate?

A To stimulate economic growth at all costs.

B To ensure price stability while keeping in mind the objective of growth.

C To increase inflation to boost consumption.

D To encourage borrowing by commercial banks.

6.

In its September 2026 Monetary Policy Committee (MPC) meeting, 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 - 2026-09-11