MCQ Test: India's Economic Landscape: RBI Holds Rates, EFTA Pact Operational, and Growth Momentum Continues

1. What was the repo rate maintained by the RBI's Monetary Policy Committee in its meeting on October 1, 2025?

A) 5.0% B) 5.25% C) 5.5% D) 5.75%

2. For FY26, what was India's GDP growth forecast revised upwards to by the RBI?

A) 6.5% B) 6.8% C) 7.0% D) 7.2%

3. The RBI lowered its CPI inflation forecast for FY26 to 2.6%. What were the primary reasons cited for this moderation?

A) Higher interest rates and reduced government spending B) Increased imports and stable crude oil prices C) Lower food prices and rationalized Goods and Services Tax (GST) rates D) Stronger Rupee and decreased global demand

4. As part of its reforms, the RBI significantly raised the limit on loans against shares and listed debt securities for individuals from ₹20 lakh to what amount?

A) ₹50 lakh B) ₹75 lakh C) ₹1 crore D) ₹2 crore

5. What is the name of the free trade agreement that came into force between India and the four-nation EFTA bloc on October 1, 2025?

A) India-EFTA Comprehensive Economic Partnership Agreement (CEPA) B) India-EFTA Trade and Economic Partnership Agreement (TEPA) C) India-EFTA Investment Promotion Agreement (IPA) D) India-EFTA Free Trade and Investment Agreement (FTIA)

6. Under the India-EFTA agreement, what is EFTA's commitment for investment in India over the next 15 years?

A) USD 50 billion B) USD 75 billion C) USD 100 billion D) USD 150 billion

7. Which Swiss healthcare major pledged a substantial investment of 1.5 billion Swiss Francs in India over the next five years, focusing on R&D, following the EFTA agreement?

A) Novartis B) Roche Pharma C) Sanofi D) Bayer

8. What was India's Real Gross Domestic Product (GDP) growth rate in Q1:2025-26, which marked a five-quarter high?

A) 6.8% B) 7.2% C) 7.8% D) 8.1%

9. Net Foreign Direct Investment (FDI) inflows reached a 38-month high in July 2025. Which of the following countries was NOT mentioned as a major contributor to these inflows?

A) Singapore B) Japan C) Netherlands D) UAE

10. For the 2026-27 marketing season, the Cabinet approved a hike in Minimum Support Prices (MSP) for all Rabi crops. Which crop saw the sharpest increase?

A) Wheat B) Barley C) Mustard D) Safflower

11. What is the outlay and target year for the mission sanctioned by the Cabinet to boost pulses production in India?

A) ₹10,000 crore over 5 years, targeting self-sufficiency by 2029-30 B) ₹11,000 crore over 6 years, targeting self-sufficiency by 2030-31 C) ₹12,000 crore over 7 years, targeting self-sufficiency by 2031-32 D) ₹9,000 crore over 5 years, targeting self-sufficiency by 2028-29

12. On which date were Indian equity markets closed in observance of Dussehra and Mahatma Gandhi Jayanti?

A) October 1, 2025 B) October 2, 2025 C) October 3, 2025 D) September 30, 2025

ALL TN Comp Exams Prep

India's Economic Landscape: RBI Holds Rates, EFTA Pact Operational, and Growth Momentum Continues

Your Score: 0 / 0

1. What was the repo rate maintained by the RBI's Monetary Policy Committee in its meeting on October 1, 2025?

2. For FY26, what was India's GDP growth forecast revised upwards to by the RBI?

3. The RBI lowered its CPI inflation forecast for FY26 to 2.6%. What were the primary reasons cited for this moderation?

4. As part of its reforms, the RBI significantly raised the limit on loans against shares and listed debt securities for individuals from ₹20 lakh to what amount?

5. What is the name of the free trade agreement that came into force between India and the four-nation EFTA bloc on October 1, 2025?

6. Under the India-EFTA agreement, what is EFTA's commitment for investment in India over the next 15 years?

7. Which Swiss healthcare major pledged a substantial investment of 1.5 billion Swiss Francs in India over the next five years, focusing on R&D, following the EFTA agreement?

8. What was India's Real Gross Domestic Product (GDP) growth rate in Q1:2025-26, which marked a five-quarter high?

9. Net Foreign Direct Investment (FDI) inflows reached a 38-month high in July 2025. Which of the following countries was NOT mentioned as a major contributor to these inflows?

10. For the 2026-27 marketing season, the Cabinet approved a hike in Minimum Support Prices (MSP) for all Rabi crops. Which crop saw the sharpest increase?

11. What is the outlay and target year for the mission sanctioned by the Cabinet to boost pulses production in India?

12. On which date were Indian equity markets closed in observance of Dussehra and Mahatma Gandhi Jayanti?

India's Economic Landscape: RBI Holds Rates, EFTA Pact Operational, and Growth Momentum Continues

Your Score: 0 / 0

1. What was the repo rate maintained by the RBI's Monetary Policy Committee in its meeting on October 1, 2025?

2. For FY26, what was India's GDP growth forecast revised upwards to by the RBI?

3. The RBI lowered its CPI inflation forecast for FY26 to 2.6%. What were the primary reasons cited for this moderation?

4. As part of its reforms, the RBI significantly raised the limit on loans against shares and listed debt securities for individuals from ₹20 lakh to what amount?

5. What is the name of the free trade agreement that came into force between India and the four-nation EFTA bloc on October 1, 2025?

6. Under the India-EFTA agreement, what is EFTA's commitment for investment in India over the next 15 years?

7. Which Swiss healthcare major pledged a substantial investment of 1.5 billion Swiss Francs in India over the next five years, focusing on R&D, following the EFTA agreement?

8. What was India's Real Gross Domestic Product (GDP) growth rate in Q1:2025-26, which marked a five-quarter high?

9. Net Foreign Direct Investment (FDI) inflows reached a 38-month high in July 2025. Which of the following countries was NOT mentioned as a major contributor to these inflows?

10. For the 2026-27 marketing season, the Cabinet approved a hike in Minimum Support Prices (MSP) for all Rabi crops. Which crop saw the sharpest increase?

11. What is the outlay and target year for the mission sanctioned by the Cabinet to boost pulses production in India?

12. On which date were Indian equity markets closed in observance of Dussehra and Mahatma Gandhi Jayanti?

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