Economy and Business MCQs for Competitive Exams

1.

Which of the following is likely to be a key component targeted by a PLI scheme for Green Energy?

A Coal-fired power plant equipment

B Components for solar panels and wind turbines

C Internal combustion engines

D Petroleum refining machinery

2.

What is the primary objective of the new PLI scheme for Green Energy Components?

A To increase imports of green energy technology

B To reduce subsidies for renewable energy

C To promote domestic manufacturing and reduce import dependence

D To discourage investment in solar power

3.

The Indian government has launched a new Production Linked Incentive (PLI) scheme aimed at boosting the manufacturing of which sector's components?

A Pharmaceuticals

B Green Energy

C Textiles

D Automobiles

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 growth stimulation

B Controlling inflation and maintaining price stability

C Reducing the fiscal deficit

D Encouraging foreign direct investment

5.

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

A NITI Aayog

B Securities and Exchange Board of India (SEBI)

C Monetary Policy Committee (MPC)

D Finance Commission

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 - 2026-09-20