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Economy & Business MCQs - 2026-04-02

11.
The 'Make in India' initiative is closely aligned with the broader government vision of:
A Import substitution only.
B Self-reliance and becoming a global manufacturing powerhouse.
C Promoting a purely service-driven economy.
D Reducing the role of the private sector in manufacturing.
12.
The evolution to 'Make in India 2.0' emphasizes:
A Reducing domestic production and increasing imports.
B Focusing on value addition, technology adoption, and export promotion.
C Shifting entirely to a service-based economy.
D Discouraging foreign investment in manufacturing.
13.
Which of the following sectors has NOT been a primary focus of the 'Make in India' initiative or its subsequent phases?
A Automotive
B Defence
C Textiles
D Traditional Handicrafts (as a primary focus)
14.
What is the core mechanism of the Production Linked Incentive (PLI) scheme?
A Providing subsidies for raw material procurement.
B Offering tax exemptions on all manufacturing profits.
C Giving financial incentives based on incremental sales of manufactured goods.
D Mandating minimum wage increases for factory workers.
15.
The 'Make in India' initiative was launched with the primary objective of:
A Promoting the service sector.
B Transforming India into a global manufacturing hub.
C Encouraging the import of finished goods.
D Reducing foreign direct investment.
16.
India's commitment to increasing renewable energy capacity is closely linked to its obligations under which international agreement?
A Kyoto Protocol
B Montreal Protocol
C Paris Agreement
D Copenhagen Accord
17.
Green finance initiatives, such as green bonds, are primarily aimed at:
A Financing fossil fuel exploration projects.
B Mobilizing capital for environmentally sustainable projects.
C Increasing government debt without specific project allocation.
D Funding traditional infrastructure development.
18.
Which of the following is a key challenge in integrating renewable energy sources like solar and wind into the national grid?
A Their consistent and predictable energy output.
B The intermittency and variability of their power generation.
C High demand for renewable energy.
D Low cost of renewable energy infrastructure.
19.
The National Green Hydrogen Mission aims to:
A Promote the use of traditional hydrogen in industries.
B Make India a global hub for green hydrogen production and export.
C Increase India's reliance on imported hydrogen.
D Restrict the development of renewable energy sources.
20.
What is India's target for non-fossil fuel-based energy capacity by the year 2030?
A 300 GW
B 450 GW
C 500 GW
D 600 GW