Economy & Business MCQs for 2 October 2026 Exams

1.

Which of the following is NOT a likely intended outcome of the government's new infrastructure stimulus in 2026?

A Increased employment opportunities

B Improved logistics and connectivity

C Reduction in inflation

D Enhanced economic growth

2.

What is a key financial instrument or mechanism introduced as part of the new infrastructure stimulus package in 2026?

A Establishment of a new sovereign wealth fund

B Issuance of Infrastructure Bonds with tax benefits

C Direct cash transfers to construction workers

D Reduction in GST on imported construction materials

3.

The government's new stimulus package announced in late 2026 for infrastructure projects primarily aims to boost which sector?

A Information Technology

B Renewable Energy

C Manufacturing and Construction

D Healthcare Services

4.

In the October 2026 monetary policy review, the RBI projected the GDP growth rate for FY 2026-27. What was this projection?

A 7.0%

B 7.2%

C 7.5%

D 6.8%

5.

Which committee's recommendation is primarily considered by the RBI for setting the monetary policy rates in its bi-monthly reviews?

A Financial Stability and Development Council (FSDC)

B Monetary Policy Committee (MPC)

C Reserve Bank of India Board

D Economic Advisory Council to the Prime Minister (EAC-PM)

6.

In the RBI's Bi-Monthly Monetary Policy Review of October 2026, what was the status of the repo rate?

A Increased by 25 basis points

B Decreased by 15 basis points

C Maintained at 6.50%

D Maintained at 6.75%

Economy & Business MCQs - 2026-10-02