RBI Digital Lending Guidelines & Economic Updates MCQs

71.

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

72.

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

73.

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

74.

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

75.

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%

76.

What is the target range for retail inflation (CPI) set by the Government of India for the RBI?

A 4% +/- 2%

B 5% +/- 3%

C 3% +/- 1%

D 6% +/- 2%

77.

Which organization releases the Consumer Price Index (CPI) data in India?

A National Statistical Office (NSO)

B Reserve Bank of India (RBI)

C NITI Aayog

D Ministry of Finance

78.

In India, retail inflation is primarily measured using which index?

A Wholesale Price Index (WPI)

B Consumer Price Index (CPI) - Combined

C Producer Price Index (PPI)

D GDP Deflator

79.

What is the primary objective of the RBI's Monetary Policy Framework in India?

A To maximize the profit of commercial banks

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

C To regulate the stock market indices

D To manage the fiscal deficit of the Union Government

80.

Which of the following instruments is NOT a direct tool used by the RBI in its Bi-Monthly Monetary Policy to manage liquidity?

A Repo Rate

B Cash Reserve Ratio (CRR)

C Goods and Services Tax (GST) Rate

D Statutory Liquidity Ratio (SLR)

Economy & Business MCQs