RBI Digital Lending Guidelines & Economic Updates MCQs

41.

What is the current stance of the RBI's monetary policy, as reiterated in the latest review meeting?

A Accommodative

B Neutral

C Withdrawal of accommodation

D Aggressively tightening

42.

At the conclusion of its recent monetary policy review meeting in 2026, what did the Reserve Bank of India (RBI) decide regarding the repo rate?

A Increased the repo rate by 25 basis points.

B Decreased the repo rate by 15 basis points.

C Kept the repo rate unchanged.

D Increased the reverse repo rate by 10 basis points.

43.

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

44.

What is the projected GDP growth rate for India in Q2 FY27 as per the latest projections?

A 6.5%

B 7.0%

C 7.2%

D 6.8%

45.

Which international financial institution recently projected India's GDP growth rate for Q2 FY27?

A World Bank

B International Monetary Fund (IMF)

C Asian Development Bank (ADB)

D Organisation for Economic Co-operation and Development (OECD)

46.

The decision by the RBI to maintain the repo rate at 5.40% for the seventh consecutive review in 2026 is a reflection of which of the following?

A A strong belief in the immediate need for aggressive monetary easing.

B Concerns about persistent inflationary pressures despite some moderation.

C A policy shift towards prioritizing export competitiveness over domestic stability.

D An expectation of a significant slowdown in global economic activity.

47.

What is the primary objective of the RBI maintaining a stable repo rate, as observed in its consecutive reviews up to 2026?

A To aggressively stimulate economic growth by lowering borrowing costs.

B To control inflation while supporting economic recovery.

C To increase the value of the Indian Rupee in international markets.

D To encourage higher savings rates among the public.

48.

As of the latest Monetary Policy Committee (MPC) review in 2026, the Reserve Bank of India (RBI) has maintained the repo rate at what percentage for the seventh consecutive time?

A 5.15%

B 5.40%

C 5.75%

D 6.00%

49.

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.

50.

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

Economy & Business MCQs