Economy & Business Current Affairs MCQs

1.

Which of the following is a key component likely to be covered under the expanded PLI scheme for Green Energy?

A Coal-fired power plant equipment

B Solar panels and battery storage systems

C Diesel generators

D Traditional incandescent bulbs

2.

What is the primary objective of expanding the PLI scheme for Green Energy components?

A To increase imports of green energy technology

B To reduce domestic manufacturing capacity

C To promote self-reliance and reduce import dependence in the green energy sector

D To discourage investment in renewable energy

3.

The Indian government has expanded the Production Linked Incentive (PLI) scheme to boost the manufacturing of which sector's components?

A Pharmaceuticals

B Automobiles

C Green Energy

D Textiles

4.

The decision to maintain the repo rate at 6.5% in October 2026 is typically taken by which committee of the RBI?

A Executive Committee

B Monetary Policy Committee (MPC)

C Financial Stability and Development Council (FSDC)

D Board of Directors

5.

What is the primary tool used by the RBI to control inflation and manage liquidity, which was kept unchanged at 6.5% in October 2026?

A Reverse Repo Rate

B Bank Rate

C Marginal Standing Facility (MSF) Rate

D Repo Rate

6.

In its October 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%

Economy & Business MCQs - 2026-10-07