MCQ Test: Indian Economy Navigates Growth and Global Headwinds: Inflation Eases, Markets Rally, but US Tariffs Pose Export Challenges

1. What was India's economic growth rate in the first quarter of 2025-26, as highlighted by Prime Minister Modi?

A) 6.5% B) 6.9% C) 7.8% D) 8.2%

2. Which ratings agency recently upgraded India's growth forecast for the current fiscal year to 6.9%?

A) Moody's B) S&P Global C) Fitch Ratings D) Crisil

3. According to a Bank of Baroda (BoB) report, what is India's projected retail inflation (CPI) for FY26?

A) 2.07% B) 3.1% C) 3.2% D) 3.5%

4. Based on Crisil's inflation projections, what is the expected magnitude of a potential rate cut by the Reserve Bank of India (RBI) this year?

A) 10 basis points B) 25 basis points C) 50 basis points D) No rate cut expected

5. When is a new GST reform package expected to be announced by the government to ease tax burdens?

A) August 2025 B) September 2025 C) October 2025 (Diwali) D) December 2025

6. The Nifty 50 index concluded the week strongly, surpassing which significant mark?

A) 20,000 B) 22,500 C) 25,100 D) 26,000

7. Which sector has witnessed a significant rally, with the Nifty India Defence Index gaining 7% last week?

A) Information Technology B) Automotive C) Defence D) Pharmaceuticals

8. What percentage tariff did the United States impose on various Indian exports since August 27?

A) 10% B) 25% C) 50% D) 75%

9. Which of the following Indian industries has been severely impacted by the US tariffs, experiencing business coming to a standstill?

A) Software services B) Pharmaceutical manufacturing C) Carpet industry D) Automobile assembly

10. Which of the following is NOT listed as a mitigating measure being considered by the Indian government for exporters affected by US tariffs?

A) Subsidized interest rates B) Collateral-free loans C) Credit guarantees D) Direct tax rebates for affected workers

11. What was the CPI inflation figure for India in August 2025?

A) 1.61% B) 2.07% C) 3.1% D) 6.9%

12. The CPI inflation figure in August 2025 remained within the RBI's comfort zone, which is stated as:

A) 0-2% B) 2-4% C) 2-6% D) 4-8%

13. What factors are anticipated to boost consumption during the upcoming festive season (September to December)?

A) High inflation and rising interest rates B) Increased foreign trade agreements C) Recent GST rate rationalization and income tax cuts D) Government bond issuance

ALL TN Comp Exams Prep

Indian Economy Navigates Growth and Global Headwinds: Inflation Eases, Markets Rally, but US Tariffs Pose Export Challenges

Your Score: 0 / 0

1. What was India's economic growth rate in the first quarter of 2025-26, as highlighted by Prime Minister Modi?

2. Which ratings agency recently upgraded India's growth forecast for the current fiscal year to 6.9%?

3. According to a Bank of Baroda (BoB) report, what is India's projected retail inflation (CPI) for FY26?

4. Based on Crisil's inflation projections, what is the expected magnitude of a potential rate cut by the Reserve Bank of India (RBI) this year?

5. When is a new GST reform package expected to be announced by the government to ease tax burdens?

6. The Nifty 50 index concluded the week strongly, surpassing which significant mark?

7. Which sector has witnessed a significant rally, with the Nifty India Defence Index gaining 7% last week?

8. What percentage tariff did the United States impose on various Indian exports since August 27?

9. Which of the following Indian industries has been severely impacted by the US tariffs, experiencing business coming to a standstill?

10. Which of the following is NOT listed as a mitigating measure being considered by the Indian government for exporters affected by US tariffs?

11. What was the CPI inflation figure for India in August 2025?

12. The CPI inflation figure in August 2025 remained within the RBI's comfort zone, which is stated as:

13. What factors are anticipated to boost consumption during the upcoming festive season (September to December)?

Indian Economy Navigates Growth and Global Headwinds: Inflation Eases, Markets Rally, but US Tariffs Pose Export Challenges

Your Score: 0 / 0

1. What was India's economic growth rate in the first quarter of 2025-26, as highlighted by Prime Minister Modi?

2. Which ratings agency recently upgraded India's growth forecast for the current fiscal year to 6.9%?

3. According to a Bank of Baroda (BoB) report, what is India's projected retail inflation (CPI) for FY26?

4. Based on Crisil's inflation projections, what is the expected magnitude of a potential rate cut by the Reserve Bank of India (RBI) this year?

5. When is a new GST reform package expected to be announced by the government to ease tax burdens?

6. The Nifty 50 index concluded the week strongly, surpassing which significant mark?

7. Which sector has witnessed a significant rally, with the Nifty India Defence Index gaining 7% last week?

8. What percentage tariff did the United States impose on various Indian exports since August 27?

9. Which of the following Indian industries has been severely impacted by the US tariffs, experiencing business coming to a standstill?

10. Which of the following is NOT listed as a mitigating measure being considered by the Indian government for exporters affected by US tariffs?

11. What was the CPI inflation figure for India in August 2025?

12. The CPI inflation figure in August 2025 remained within the RBI's comfort zone, which is stated as:

13. What factors are anticipated to boost consumption during the upcoming festive season (September to December)?

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