MCQ Test: Indian Economy Shows Resilience Amid Global Headwinds; RBI Unveils Key Financial Reforms

2. According to the IMF's Managing Director Kristalina Georgieva, what is a significant shift in global growth patterns that highlights India's role?

A) The United States is becoming the primary growth driver B) China is accelerating its economic growth C) European Union economies are experiencing rapid expansion D) China is decelerating its economic growth

3. The World Bank has raised India's growth forecast for FY26 to what percentage, attributing it to resilient domestic demand and rural recovery?

A) 6.0% B) 6.3% C) 6.5% D) 7.8%

4. What was India's robust real GDP growth recorded in the first quarter of FY2025-26?

A) 6.5% B) 7.2% C) 7.8% D) 8.1%

5. The GST rationalization in September 2025 consolidated GST into how many main slabs?

A) One B) Two C) Three D) Four

6. By how many basis points is the GST rationalization projected to reduce prices over the next year?

A) 20-40 basis points B) 40-60 basis points C) 60-80 basis points D) 80-100 basis points

7. Which of the following is NOT a feature of the RBI's proposed draft Ombudsman Scheme 2025?

A) Introduction of low ceilings for compensation B) Broad powers for the RBI ombudsman C) Removal of limits on the financial value of disputes D) Provision of a cost-effective, non-adversarial mechanism

8. The RBI is set to launch a pilot for deposit tokenization using which technology as the base layer for blockchain-backed digital settlements?

A) Unified Payments Interface (UPI) B) Wholesale Central Bank Digital Currency (CBDC) C) Real-Time Gross Settlement (RTGS) D) National Electronic Funds Transfer (NEFT)

9. Who is the RBI Governor mentioned in the text who announced the development of a Unified Markets Interface (UMI) and highlighted concerns over digital fraud?

A) Shaktikanta Das B) Raghuram Rajan C) Urjit Patel D) Sanjay Malhotra

10. On Wednesday, October 8th, which Indian benchmark index closed 0.19% lower at 81,773.66?

A) Nifty 50 B) Sensex C) BSE Midcap D) Nifty IT

11. Which sector showed resilience on October 8th, with its index rising 1.51%, led by gains in companies like Infosys and TCS?

A) Banking B) Real Estate C) IT D) FMCG

12. In Q3 2025, what percentage of home sales in top cities across India accounted for homes priced above Rs. 1 crore?

A) 35% B) 45% C) 52% D) 60%

13. What was the Rupee's closing value against the US dollar on Wednesday, nearing its record low?

A) 80.50 B) 82.25 C) 85.10 D) 88.79

14. The Micro, Small, and Medium Enterprises (MSME) sector contributes approximately what proportion of India's GDP?

A) One-tenth B) One-fifth C) One-third D) One-half

15. Who is the Chief Minister of Maharashtra mentioned in the text, who invited global investors and highlighted the state's business-friendly ecosystem?

A) Eknath Shinde B) Uddhav Thackeray C) Devendra Fadnavis D) Prithviraj Chavan

ALL TN Comp Exams Prep

Indian Economy Shows Resilience Amid Global Headwinds; RBI Unveils Key Financial Reforms

Your Score: 0 / 0

1. Which international organizations have hailed India's economy as a "key growth engine" globally, expressing confidence in its trajectory despite international turbulence?

2. According to the IMF's Managing Director Kristalina Georgieva, what is a significant shift in global growth patterns that highlights India's role?

3. The World Bank has raised India's growth forecast for FY26 to what percentage, attributing it to resilient domestic demand and rural recovery?

4. What was India's robust real GDP growth recorded in the first quarter of FY2025-26?

5. The GST rationalization in September 2025 consolidated GST into how many main slabs?

6. By how many basis points is the GST rationalization projected to reduce prices over the next year?

7. Which of the following is NOT a feature of the RBI's proposed draft Ombudsman Scheme 2025?

8. The RBI is set to launch a pilot for deposit tokenization using which technology as the base layer for blockchain-backed digital settlements?

9. Who is the RBI Governor mentioned in the text who announced the development of a Unified Markets Interface (UMI) and highlighted concerns over digital fraud?

10. On Wednesday, October 8th, which Indian benchmark index closed 0.19% lower at 81,773.66?

11. Which sector showed resilience on October 8th, with its index rising 1.51%, led by gains in companies like Infosys and TCS?

12. In Q3 2025, what percentage of home sales in top cities across India accounted for homes priced above Rs. 1 crore?

13. What was the Rupee's closing value against the US dollar on Wednesday, nearing its record low?

14. The Micro, Small, and Medium Enterprises (MSME) sector contributes approximately what proportion of India's GDP?

15. Who is the Chief Minister of Maharashtra mentioned in the text, who invited global investors and highlighted the state's business-friendly ecosystem?

Indian Economy Shows Resilience Amid Global Headwinds; RBI Unveils Key Financial Reforms

Your Score: 0 / 0

1. Which international organizations have hailed India's economy as a "key growth engine" globally, expressing confidence in its trajectory despite international turbulence?

2. According to the IMF's Managing Director Kristalina Georgieva, what is a significant shift in global growth patterns that highlights India's role?

3. The World Bank has raised India's growth forecast for FY26 to what percentage, attributing it to resilient domestic demand and rural recovery?

4. What was India's robust real GDP growth recorded in the first quarter of FY2025-26?

5. The GST rationalization in September 2025 consolidated GST into how many main slabs?

6. By how many basis points is the GST rationalization projected to reduce prices over the next year?

7. Which of the following is NOT a feature of the RBI's proposed draft Ombudsman Scheme 2025?

8. The RBI is set to launch a pilot for deposit tokenization using which technology as the base layer for blockchain-backed digital settlements?

9. Who is the RBI Governor mentioned in the text who announced the development of a Unified Markets Interface (UMI) and highlighted concerns over digital fraud?

10. On Wednesday, October 8th, which Indian benchmark index closed 0.19% lower at 81,773.66?

11. Which sector showed resilience on October 8th, with its index rising 1.51%, led by gains in companies like Infosys and TCS?

12. In Q3 2025, what percentage of home sales in top cities across India accounted for homes priced above Rs. 1 crore?

13. What was the Rupee's closing value against the US dollar on Wednesday, nearing its record low?

14. The Micro, Small, and Medium Enterprises (MSME) sector contributes approximately what proportion of India's GDP?

15. Who is the Chief Minister of Maharashtra mentioned in the text, who invited global investors and highlighted the state's business-friendly ecosystem?

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