MCQ Test: Indian Economy Sees Strong Growth, Record iPhone Exports, and Market Gains Amidst World Bank's Mixed Outlook

1. What was India's GDP growth rate in the first quarter (April-June) of fiscal year 2025-26?

A) 6.3% B) 6.5% C) 7.8% D) 8.1%

2. According to the World Bank's latest South Asia Development Update, what is India's revised GDP growth forecast for FY26 (2025-26)?

A) 6.3% B) 6.5% C) 7.8% D) 7.0%

3. The World Bank lowered India's GDP growth forecast for FY27 (2026-27) primarily due to which factor?

A) Decreased domestic demand B) Weak rural recovery C) Anticipated 50% US tariff on Indian goods exports D) Decline in public consumption

4. On October 7th, what was the closing value of the S&P BSE Sensex?

A) 25,108.3 points B) 81,926.75 points C) 81,789.2 points D) 25,000 points

5. Which of the following factors contributed to the bullish sentiment in Indian benchmark stock indices on October 7th?

A) Weak loan growth B) Decline in financial stocks C) Anticipated US tariffs D) RBI's relaxed lending norms

6. What was the total value of iPhone exports from India in the first half (April-September) of the current fiscal year?

A) $7.5 billion B) $10 billion C) $12.5 billion D) Rs 88,730 crore

7. By what percentage did iPhone exports from India increase in the first half of the current fiscal year compared to the previous year?

A) 20% B) 50% C) 75% D) 100%

8. Which organization is set to introduce biometric authentication for digital payments starting October 8th?

A) Reserve Bank of India (RBI) B) Ministry of Finance C) National Payments Corporation of India (NPCI) D) Securities and Exchange Board of India (SEBI)

9. In which month did the Unified Payments Interface (UPI) system cross the 20-billion transaction mark for the first time?

A) June B) July C) August D) September

10. To which country has the Unified Payments Interface (UPI) recently expanded its services?

A) UAE B) Saudi Arabia C) Qatar D) Singapore

11. By 2026, digital payments in India are projected to exceed what value?

A) $5 billion B) $10 billion C) $15 billion D) $20 billion

12. Generative AI has led to what percentage fall in white-collar job listings in South Asia?

A) 10% B) 20% C) 30% D) 40%

13. What is the Reserve Bank of India's (RBI) current stance regarding the nationwide launch of its Central Bank Digital Currency (CBDC)?

A) It is being launched immediately. B) It is being fast-tracked for launch. C) It is not being rushed, with the pilot progressing well. D) It has been put on hold indefinitely.

14. Despite a cautious outlook for FY27, India is projected to remain what in the global economy?

A) The largest economy B) The second-largest economy C) The fastest-growing major economy D) A developed economy

ALL TN Comp Exams Prep

Indian Economy Sees Strong Growth, Record iPhone Exports, and Market Gains Amidst World Bank's Mixed Outlook

Your Score: 0 / 0

1. What was India's GDP growth rate in the first quarter (April-June) of fiscal year 2025-26?

2. According to the World Bank's latest South Asia Development Update, what is India's revised GDP growth forecast for FY26 (2025-26)?

3. The World Bank lowered India's GDP growth forecast for FY27 (2026-27) primarily due to which factor?

4. On October 7th, what was the closing value of the S&P BSE Sensex?

5. Which of the following factors contributed to the bullish sentiment in Indian benchmark stock indices on October 7th?

6. What was the total value of iPhone exports from India in the first half (April-September) of the current fiscal year?

7. By what percentage did iPhone exports from India increase in the first half of the current fiscal year compared to the previous year?

8. Which organization is set to introduce biometric authentication for digital payments starting October 8th?

9. In which month did the Unified Payments Interface (UPI) system cross the 20-billion transaction mark for the first time?

10. To which country has the Unified Payments Interface (UPI) recently expanded its services?

11. By 2026, digital payments in India are projected to exceed what value?

12. Generative AI has led to what percentage fall in white-collar job listings in South Asia?

13. What is the Reserve Bank of India's (RBI) current stance regarding the nationwide launch of its Central Bank Digital Currency (CBDC)?

14. Despite a cautious outlook for FY27, India is projected to remain what in the global economy?

Indian Economy Sees Strong Growth, Record iPhone Exports, and Market Gains Amidst World Bank's Mixed Outlook

Your Score: 0 / 0

1. What was India's GDP growth rate in the first quarter (April-June) of fiscal year 2025-26?

2. According to the World Bank's latest South Asia Development Update, what is India's revised GDP growth forecast for FY26 (2025-26)?

3. The World Bank lowered India's GDP growth forecast for FY27 (2026-27) primarily due to which factor?

4. On October 7th, what was the closing value of the S&P BSE Sensex?

5. Which of the following factors contributed to the bullish sentiment in Indian benchmark stock indices on October 7th?

6. What was the total value of iPhone exports from India in the first half (April-September) of the current fiscal year?

7. By what percentage did iPhone exports from India increase in the first half of the current fiscal year compared to the previous year?

8. Which organization is set to introduce biometric authentication for digital payments starting October 8th?

9. In which month did the Unified Payments Interface (UPI) system cross the 20-billion transaction mark for the first time?

10. To which country has the Unified Payments Interface (UPI) recently expanded its services?

11. By 2026, digital payments in India are projected to exceed what value?

12. Generative AI has led to what percentage fall in white-collar job listings in South Asia?

13. What is the Reserve Bank of India's (RBI) current stance regarding the nationwide launch of its Central Bank Digital Currency (CBDC)?

14. Despite a cautious outlook for FY27, India is projected to remain what in the global economy?

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