MCQ Test: Indian Economy Shows Resilience Amidst Global Headwinds; Key Policy Changes and Market Movements Noted

1. What was India's year-on-year economic growth rate in the April-June quarter, as stated by Finance Minister Nirmala Sitharaman?

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

2. What is India's projected economic growth for the current fiscal year, according to the provided information?

A) 5.5% B) 6.8% C) 7.8% D) 7.5%

3. Who is mentioned as the Reserve Bank of India (RBI) Governor in the provided text, echoing sentiments about India's strong macro-economic fundamentals?

A) Nirmala Sitharaman B) Sanjay Malhotra C) Shaktikanta Das D) Urjit Patel

4. What is the current policy rate that the Reserve Bank of India has opted to keep unchanged?

A) 4.0% B) 5.0% C) 5.5% D) 6.5%

5. The United States doubled tariffs on Indian goods to what percentage, citing New Delhi's continued imports of Russian oil?

A) 25% B) 40% C) 50% D) 75%

6. Which of the following Indian exports are specifically mentioned as being adversely affected by the increased US tariffs?

A) Pharmaceuticals, IT services, automobiles B) Textiles, leather goods, chemicals C) Software, agricultural products, electronics D) Steel, machinery, handicrafts

7. Which trade pact has come into effect, making Swiss wines, chocolates, and apparel cheaper while providing broader market access for Indian exports?

A) India-EU FTA B) India-ASEAN FTA C) India-EFTA pact D) India-Mercosur FTA

8. When are direct flights between India and China set to resume after a five-year hiatus?

A) September 26 B) October 26 C) November 26 D) December 26

9. Which of the following was NOT cited as a reason for the broader market downturn on October 4th?

A) Disappointing corporate earnings B) Lackluster domestic consumption C) Significant inflows from Foreign Portfolio Investors D) High valuations

10. How much did Foreign Portfolio Investors (FPIs) withdraw from Indian markets between January and September?

A) Rs 50,000 crore B) Rs 75,000 crore C) Rs 1 lakh crore D) Rs 1.5 lakh crore

11. India aims to become a $300 billion electronics production hub by which year?

A) 2024 B) 2025 C) 2026 D) 2030

12. What has been the approximate increase in mobile phone production between FY2014-15 and FY2024-25?

A) 10-fold B) 15-fold C) 28-fold D) 50-fold

13. From which date is the RBI implementing a new cheque clearing system for continuous clearing and settlement?

A) October 4, 2024 B) October 1, 2025 C) October 4, 2025 D) January 1, 2026

14. What is the name of Flipkart's sale event that commenced on October 4th and runs until October 8th?

A) Big Billion Days B) Great Indian Festival C) Big Festive Dhamaka Sale D) Mega Discount Event

ALL TN Comp Exams Prep

Indian Economy Shows Resilience Amidst Global Headwinds; Key Policy Changes and Market Movements Noted

Your Score: 0 / 0

1. What was India's year-on-year economic growth rate in the April-June quarter, as stated by Finance Minister Nirmala Sitharaman?

2. What is India's projected economic growth for the current fiscal year, according to the provided information?

3. Who is mentioned as the Reserve Bank of India (RBI) Governor in the provided text, echoing sentiments about India's strong macro-economic fundamentals?

4. What is the current policy rate that the Reserve Bank of India has opted to keep unchanged?

5. The United States doubled tariffs on Indian goods to what percentage, citing New Delhi's continued imports of Russian oil?

6. Which of the following Indian exports are specifically mentioned as being adversely affected by the increased US tariffs?

7. Which trade pact has come into effect, making Swiss wines, chocolates, and apparel cheaper while providing broader market access for Indian exports?

8. When are direct flights between India and China set to resume after a five-year hiatus?

9. Which of the following was NOT cited as a reason for the broader market downturn on October 4th?

10. How much did Foreign Portfolio Investors (FPIs) withdraw from Indian markets between January and September?

11. India aims to become a $300 billion electronics production hub by which year?

12. What has been the approximate increase in mobile phone production between FY2014-15 and FY2024-25?

13. From which date is the RBI implementing a new cheque clearing system for continuous clearing and settlement?

14. What is the name of Flipkart's sale event that commenced on October 4th and runs until October 8th?

Indian Economy Shows Resilience Amidst Global Headwinds; Key Policy Changes and Market Movements Noted

Your Score: 0 / 0

1. What was India's year-on-year economic growth rate in the April-June quarter, as stated by Finance Minister Nirmala Sitharaman?

2. What is India's projected economic growth for the current fiscal year, according to the provided information?

3. Who is mentioned as the Reserve Bank of India (RBI) Governor in the provided text, echoing sentiments about India's strong macro-economic fundamentals?

4. What is the current policy rate that the Reserve Bank of India has opted to keep unchanged?

5. The United States doubled tariffs on Indian goods to what percentage, citing New Delhi's continued imports of Russian oil?

6. Which of the following Indian exports are specifically mentioned as being adversely affected by the increased US tariffs?

7. Which trade pact has come into effect, making Swiss wines, chocolates, and apparel cheaper while providing broader market access for Indian exports?

8. When are direct flights between India and China set to resume after a five-year hiatus?

9. Which of the following was NOT cited as a reason for the broader market downturn on October 4th?

10. How much did Foreign Portfolio Investors (FPIs) withdraw from Indian markets between January and September?

11. India aims to become a $300 billion electronics production hub by which year?

12. What has been the approximate increase in mobile phone production between FY2014-15 and FY2024-25?

13. From which date is the RBI implementing a new cheque clearing system for continuous clearing and settlement?

14. What is the name of Flipkart's sale event that commenced on October 4th and runs until October 8th?

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