MCQ Test: Indian Economy Shows Resilience Amid Global Headwinds; RBI Holds Rates, Markets Positive

1. What was the Reserve Bank of India's (RBI) decision regarding the repo rate in its Monetary Policy Committee meeting from September 29 to October 1, 2025?

A) Increased it by 25 basis points to 5.75% B) Decreased it by 50 basis points to 5.00% C) Kept it unchanged at 5.50% D) Increased it by 10 basis points to 5.60%

2. For FY 2025-26, what is India's revised GDP growth forecast by the RBI, as announced in its latest MPC meeting?

A) 6.3% B) 6.5% C) 6.8% D) 7.0%

3. The RBI lowered its CPI inflation forecast for FY 2025-26 to what percentage?

A) 3.1% B) 2.6% C) 2.9% D) 3.5%

4. Which of the following was NOT cited by RBI Governor Sanjay Malhotra as a factor affirming India's position as an 'anchor of stability'?

A) Strong forex reserves B) Low inflation C) Rising global public debt D) Healthy bank and corporate balance sheets

5. According to Finance Minister Nirmala Sitharaman, what GDP growth rate is required for India to achieve developed nation status by 2047?

A) 6% B) 7% C) 8% D) 9%

6. What was the revised GDP forecast for India in 2025 by the OECD?

A) 6.3% B) 6.5% C) 6.7% D) 6.8%

7. Which sector demonstrated strong performance in the Indian stock market during the holiday-shortened week, as mentioned in the text?

A) Information Technology (IT) B) Pharmaceuticals C) Banking D) Telecommunications

8. Effective September 22, 2025, what is the new two-slab system for Goods and Services Tax (GST) in India?

A) 8% and 12% B) 5% and 18% C) 12% and 28% D) 10% and 20%

9. The India-European Free Trade Association (EFTA) trade deal, effective October 1, commits EFTA nations to what amount of investment over 15 years?

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

10. Which economist called the US tariff policy on India a 'strategic blunder' and suggested India undertake further economic reforms?

A) Nirmala Sitharaman B) Sanjay Malhotra C) Andres Velasco D) An unnamed expert from OECD

11. What was identified as a significant challenge leading to a reported 50% drop in India's traditional sari business?

A) Increased domestic competition B) Lack of government support C) Bangladesh's import ban D) Shifting consumer preferences towards western wear

12. What was the monetary policy stance adopted by the RBI alongside keeping the repo rate unchanged?

A) Accommodative B) Hawkish C) Neutral D) Calibrated tightening

ALL TN Comp Exams Prep

Indian Economy Shows Resilience Amid Global Headwinds; RBI Holds Rates, Markets Positive

Your Score: 0 / 0

1. What was the Reserve Bank of India's (RBI) decision regarding the repo rate in its Monetary Policy Committee meeting from September 29 to October 1, 2025?

2. For FY 2025-26, what is India's revised GDP growth forecast by the RBI, as announced in its latest MPC meeting?

3. The RBI lowered its CPI inflation forecast for FY 2025-26 to what percentage?

4. Which of the following was NOT cited by RBI Governor Sanjay Malhotra as a factor affirming India's position as an 'anchor of stability'?

5. According to Finance Minister Nirmala Sitharaman, what GDP growth rate is required for India to achieve developed nation status by 2047?

6. What was the revised GDP forecast for India in 2025 by the OECD?

7. Which sector demonstrated strong performance in the Indian stock market during the holiday-shortened week, as mentioned in the text?

8. Effective September 22, 2025, what is the new two-slab system for Goods and Services Tax (GST) in India?

9. The India-European Free Trade Association (EFTA) trade deal, effective October 1, commits EFTA nations to what amount of investment over 15 years?

10. Which economist called the US tariff policy on India a 'strategic blunder' and suggested India undertake further economic reforms?

11. What was identified as a significant challenge leading to a reported 50% drop in India's traditional sari business?

12. What was the monetary policy stance adopted by the RBI alongside keeping the repo rate unchanged?

Indian Economy Shows Resilience Amid Global Headwinds; RBI Holds Rates, Markets Positive

Your Score: 0 / 0

1. What was the Reserve Bank of India's (RBI) decision regarding the repo rate in its Monetary Policy Committee meeting from September 29 to October 1, 2025?

2. For FY 2025-26, what is India's revised GDP growth forecast by the RBI, as announced in its latest MPC meeting?

3. The RBI lowered its CPI inflation forecast for FY 2025-26 to what percentage?

4. Which of the following was NOT cited by RBI Governor Sanjay Malhotra as a factor affirming India's position as an 'anchor of stability'?

5. According to Finance Minister Nirmala Sitharaman, what GDP growth rate is required for India to achieve developed nation status by 2047?

6. What was the revised GDP forecast for India in 2025 by the OECD?

7. Which sector demonstrated strong performance in the Indian stock market during the holiday-shortened week, as mentioned in the text?

8. Effective September 22, 2025, what is the new two-slab system for Goods and Services Tax (GST) in India?

9. The India-European Free Trade Association (EFTA) trade deal, effective October 1, commits EFTA nations to what amount of investment over 15 years?

10. Which economist called the US tariff policy on India a 'strategic blunder' and suggested India undertake further economic reforms?

11. What was identified as a significant challenge leading to a reported 50% drop in India's traditional sari business?

12. What was the monetary policy stance adopted by the RBI alongside keeping the repo rate unchanged?

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