MCQs on Indian Economy & Business

1.

What is the RBI's stance on the potential impact of the Digital Rupee on monetary policy transmission, as discussed in recent policy documents?

A It is expected to have no significant impact.

B It could potentially enhance the effectiveness of monetary policy transmission.

C It will complicate monetary policy implementation.

D It will lead to a decrease in interest rates.

2.

Which of the following is NOT a key area of focus for the RBI's current phase of Digital Rupee expansion?

A Wholesale Segment (CBDC-W)

B Retail Segment (CBDC-R)

C Integration with all existing mobile payment apps

D Pilot testing with select banks

3.

As of late 2026, what is the primary objective of the Reserve Bank of India (RBI) regarding the expansion of the Digital Rupee (e-INR)?

A To completely replace physical currency within the next year.

B To explore its potential for cross-border transactions and improve efficiency.

C To introduce a new cryptocurrency backed by the government.

D To reduce the number of commercial banks in the country.

4.

What is a key factor cited by analysts for the projected GDP growth in Q2 FY27, besides domestic demand?

A Decline in global commodity prices

B Increased exports due to geopolitical stability

C Government's capital expenditure push

D Lower inflation rates globally

5.

Which sector is expected to be a major contributor to India's GDP growth in Q2 FY27, according to the projections?

A Agriculture

B Services

C Manufacturing

D Construction

6.

As per recent projections for the second quarter of the fiscal year 2026-27, which of the following institutions has estimated India's GDP growth rate to be around 6.5%?

A International Monetary Fund (IMF)

B World Bank

C Reserve Bank of India (RBI)

D Asian Development Bank (ADB)

Economy & Business MCQs - 2026-09-23