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Economy & Business MCQs

111.
What does the recent Purchasing Managers' Index (PMI) data for the manufacturing sector indicate?
A A contraction in manufacturing activity
B A slowdown in manufacturing growth
C A robust expansion in manufacturing
D Stagnation in the manufacturing sector
112.
The term 'status quo' in the context of RBI's monetary policy means:
A A significant reduction in interest rates
B An increase in the cash reserve ratio
C Keeping the existing policy rates unchanged
D Implementing new monetary tools
113.
What primary concern influenced the RBI's decision to maintain the status quo on monetary policy?
A High inflation rates
B Concerns about economic growth
C Appreciation of the Indian Rupee
D Decreasing foreign exchange reserves
114.
In its recent monetary policy review, what decision did the Reserve Bank of India (RBI) take regarding its key policy rates?
A Increased the repo rate
B Decreased the reverse repo rate
C Maintained the status quo
D Introduced a new lending facility
115.
What does the projection of India's GDP growth exceeding 7.5% in FY 2026-27 signify for the Indian economy?
A Economic slowdown
B Robust economic expansion
C Stagnant growth
D Recessionary trends
116.
Which financial year is being referred to when projecting India's GDP growth to exceed 7.5%?
A FY 2024-25
B FY 2025-26
C FY 2026-27
D FY 2027-28
117.
According to recent projections for FY 2026-27, India's GDP growth is expected to exceed what percentage?
A 6.5%
B 7.0%
C 7.5%
D 8.0%
118.
Which government agency is responsible for compiling and releasing the Index of Industrial Production (IIP) data in India?
A Reserve Bank of India (RBI)
B Ministry of Finance
C National Statistical Office (NSO)
D NITI Aayog
119.
Which of the following is NOT considered one of the eight core industries that have a significant weight in the Index of Industrial Production (IIP)?
A Crude Oil
B Natural Gas
C Textiles
D Electricity
120.
The Index of Industrial Production (IIP) is a composite indicator that measures the growth rate of which sector(s) in the Indian economy?
A Agriculture and allied sectors
B Services sector only
C Manufacturing, Mining, and Electricity sectors
D Financial services sector
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