MCQ Test: Indian Economy Shows Resilience Amidst Global Shifts; Growth Projections Remain Strong

1. According to Union Minister Nitin Gadkari, by which year does India aim to achieve a USD 5 trillion economy?

A) 2025 B) 2027 C) 2030 D) 2047

2. India envisions transforming into a developed nation by which year?

A) 2027 B) 2030 C) 2040 D) 2047

3. What is the projected percentage of India's logistics costs by the end of 2025, as mentioned by Nitin Gadkari?

A) 16% B) 12% C) 9% D) 7%

4. As of October 2025, India has become the world's third-largest automobile market, surpassing which country?

A) Germany B) South Korea C) Japan D) United States

5. According to former RBI Governor Shaktikanta Das, by which year is India on track to become the world's third-largest economy?

A) 2025 B) 2027 C) 2028 D) 2030

6. What consistent growth rate has India maintained, which is unmatched by any other major economy globally, as noted by Dr. Navneet Kumar Sehgal?

A) 5.5 to 6 percent B) 6.0 to 6.5 percent C) 6.8 to 7 percent D) 7.5 to 8 percent

7. A report by Axis Securities indicated that broader consumption demand in India might require how much more time for a full recovery?

A) One month B) One quarter C) Half a year D) One year

8. What was the primary reason attributed by Union Bank of India for the widening of India's merchandise trade deficit in September 2025?

A) Increase in crude oil prices B) Slower export growth C) Significant surge in gold imports D) Higher electronics and capital goods imports

9. Which country extended an invitation to India to join the Regional Comprehensive Economic Partnership (RCEP)?

A) Japan B) South Korea C) China D) Australia

10. India has historically maintained its distance from RCEP primarily to:

A) Protect its intellectual property rights. B) Safeguard domestic industries from cheaper imports. C) Focus on bilateral trade agreements. D) Avoid geopolitical alliances.

11. Who was the UK Prime Minister whose recent visit to India led to defense, investment, and movie deals?

A) Rishi Sunak B) Boris Johnson C) Keir Starmer D) Liz Truss

12. India's beer industry is currently facing a severe shortage of which essential material?

A) Glass bottles B) Hops C) Aluminum cans D) Barley

13. What is the estimated revenue loss for the government due to the aluminum can shortage in the beer industry?

A) ₹500 crore B) ₹800 crore C) ₹1,300 crore D) ₹2,000 crore

14. One of the main factors supporting the advance in the Indian stock market on October 10, 2025, was:

A) Strong corporate earnings from TCS B) Decrease in global crude oil prices C) Renewed foreign portfolio investor (FPI) inflows D) Reduction in interest rates by RBI

15. What factor somewhat capped the broader gains in the Indian stock market on October 10, 2025?

A) Widening trade deficit B) Weaker-than-expected September-quarter results from TCS C) Uncertainty regarding US policies D) Shortage of aluminum cans for the beer industry

ALL TN Comp Exams Prep

Indian Economy Shows Resilience Amidst Global Shifts; Growth Projections Remain Strong

Your Score: 0 / 0

1. According to Union Minister Nitin Gadkari, by which year does India aim to achieve a USD 5 trillion economy?

2. India envisions transforming into a developed nation by which year?

3. What is the projected percentage of India's logistics costs by the end of 2025, as mentioned by Nitin Gadkari?

4. As of October 2025, India has become the world's third-largest automobile market, surpassing which country?

5. According to former RBI Governor Shaktikanta Das, by which year is India on track to become the world's third-largest economy?

6. What consistent growth rate has India maintained, which is unmatched by any other major economy globally, as noted by Dr. Navneet Kumar Sehgal?

7. A report by Axis Securities indicated that broader consumption demand in India might require how much more time for a full recovery?

8. What was the primary reason attributed by Union Bank of India for the widening of India's merchandise trade deficit in September 2025?

9. Which country extended an invitation to India to join the Regional Comprehensive Economic Partnership (RCEP)?

10. India has historically maintained its distance from RCEP primarily to:

11. Who was the UK Prime Minister whose recent visit to India led to defense, investment, and movie deals?

12. India's beer industry is currently facing a severe shortage of which essential material?

13. What is the estimated revenue loss for the government due to the aluminum can shortage in the beer industry?

14. One of the main factors supporting the advance in the Indian stock market on October 10, 2025, was:

15. What factor somewhat capped the broader gains in the Indian stock market on October 10, 2025?

Indian Economy Shows Resilience Amidst Global Shifts; Growth Projections Remain Strong

Your Score: 0 / 0

1. According to Union Minister Nitin Gadkari, by which year does India aim to achieve a USD 5 trillion economy?

2. India envisions transforming into a developed nation by which year?

3. What is the projected percentage of India's logistics costs by the end of 2025, as mentioned by Nitin Gadkari?

4. As of October 2025, India has become the world's third-largest automobile market, surpassing which country?

5. According to former RBI Governor Shaktikanta Das, by which year is India on track to become the world's third-largest economy?

6. What consistent growth rate has India maintained, which is unmatched by any other major economy globally, as noted by Dr. Navneet Kumar Sehgal?

7. A report by Axis Securities indicated that broader consumption demand in India might require how much more time for a full recovery?

8. What was the primary reason attributed by Union Bank of India for the widening of India's merchandise trade deficit in September 2025?

9. Which country extended an invitation to India to join the Regional Comprehensive Economic Partnership (RCEP)?

10. India has historically maintained its distance from RCEP primarily to:

11. Who was the UK Prime Minister whose recent visit to India led to defense, investment, and movie deals?

12. India's beer industry is currently facing a severe shortage of which essential material?

13. What is the estimated revenue loss for the government due to the aluminum can shortage in the beer industry?

14. One of the main factors supporting the advance in the Indian stock market on October 10, 2025, was:

15. What factor somewhat capped the broader gains in the Indian stock market on October 10, 2025?

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