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MCQs 2026

11.
During the mid-year monetary policy review in 2026, the RBI's Monetary Policy Committee (MPC) decided to keep the policy repo rate unchanged. What is the typical rationale behind such a decision?
A To signal a tightening of monetary policy
B To assess the impact of previous rate changes and current economic conditions
C To encourage immediate borrowing by commercial banks
D To reduce the cost of funds for the government
12.
In its mid-year monetary policy review for 2026, what was the primary objective stated by the Reserve Bank of India (RBI) regarding inflation management?
A To aggressively reduce inflation to below 2%
B To maintain inflation within the target range of 4% +/- 2%
C To allow inflation to rise to stimulate economic growth
D To focus solely on economic growth without considering inflation
13.
The new phase of PMAY-G aims to integrate climate resilience by encouraging the use of materials and designs that are:
A Imported and high-cost.
B Energy-intensive and non-biodegradable.
C Locally available, sustainable, and disaster-resistant.
D Dependent on fossil fuels for production.
14.
Which of the following is NOT typically considered a climate-resilient feature promoted under the new phase of PMAY-G?
A Use of locally sourced, sustainable building materials.
B Construction techniques that enhance structural stability against seismic activity.
C Installation of air conditioning units in every room.
D Designing houses to be elevated in flood-prone areas.
15.
What is the primary focus of the new phase of the Pradhan Mantri Awas Yojana - Gramin (PMAY-G) concerning climate resilience, as of 2026?
A To construct high-rise apartments in rural areas.
B To promote the use of traditional building materials only.
C To incorporate climate-resilient features and disaster-resistant construction techniques in rural housing.
D To provide financial assistance for purchasing land only.
16.
Which of the following is a key benefit for consumers under the expanded PM-Surya Ghar Muft Bijli Yojana?
A Guaranteed employment in the solar energy sector.
B Reduction in electricity bills and potential income from selling surplus power.
C Free electric vehicle charging stations at home.
D Government-funded maintenance for all solar panels.
17.
Under the PM-Surya Ghar Muft Bijli Yojana, what is the typical subsidy provided for rooftop solar installations, as of 2026?
A A fixed subsidy of β‚Ή10,000 per installation.
B Subsidies vary based on the capacity of the solar system installed, with higher capacities receiving proportionally more support.
C No subsidy is provided; only loans are available.
D A flat 50% subsidy on the total cost of the system.
18.
As of 2026, what is the primary objective of the expanded PM-Surya Ghar Muft Bijli Yojana?
A To provide free electricity to all rural households.
B To promote rooftop solar installations and provide up to 300 units of free electricity per month to eligible households.
C To subsidize the purchase of electric vehicles.
D To develop large-scale solar power parks across the country.
19.
What is the primary objective of observing the International Day for the Conservation of the Mangrove Ecosystem?
A To promote deep-sea fishing activities globally.
B To raise awareness about the critical importance of mangrove ecosystems as unique, special and vulnerable ecosystems.
C To encourage the development of coastal tourism without environmental regulations.
D To facilitate the conversion of mangrove areas into agricultural land.
20.
Which international organization proclaimed the International Day for the Conservation of the Mangrove Ecosystem?
A United Nations Environment Programme (UNEP)
B United Nations Educational, Scientific and Cultural Organization (UNESCO)
C International Union for Conservation of Nature (IUCN)
D World Wide Fund for Nature (WWF)
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