MCQ Test: August 20, 2025 - Current affairs for all the Exams: India's Economic Landscape: S&P Upgrade, Thawing China Ties, and Growth Optimism

1. As per S&P Global Ratings' upgrade on August 19, 2025, what is India's new long-term unsolicited sovereign credit rating and its outlook?

A) "BBB-", Stable B) "BBB", Positive C) "BBB", Stable D) "A-", Stable

2. Which of the following was NOT cited by S&P Global Ratings as a key factor for upgrading India's sovereign credit rating?

A) Robust domestic demand B) Ongoing fiscal consolidation efforts C) Declining inflation rates D) Supportive monetary policy

3. The recent upgrade of India's sovereign credit rating by S&P Global Ratings marks the first such upgrade in how many years?

A) 10 years B) 15 years C) 18 years D) 20 years

4. India and China have agreed on several measures to foster a "stable, cooperative and forward-looking" relationship. Which of the following is one of the agreed-upon measures?

A) Joint military exercises B) Resuming direct flight connectivity C) Establishing a common currency D) Sharing advanced defense technology

5. A significant factor reportedly driving the strategic realignment and thaw in relations between India and China is:

A) A desire to form a new economic bloc B) Potential tariff threats from the United States C) Resolution of all border disputes D) Mutual agreement on climate change policies

6. The Bharatiya Janata Party (BJP) asserted that India would be "least affected" by potential US tariffs due to the substantial contribution of domestic consumption to the nation's GDP. Approximately what percentage does domestic consumption contribute?

A) 40-45% B) 50-55% C) 57-58% D) 60-65%

7. To achieve an ambitious annual growth rate of 8% for at least a decade, a parliamentary panel recommended increasing the investment rate in the economy from the current 31% to approximately what percentage of GDP?

A) 33% B) 35% C) 38% D) 40%

8. Which of the following is NOT a focus area recommended by the parliamentary panel for India's recalibrated export strategy?

A) Manufacturing competitiveness B) Leveraging artificial intelligence C) Reducing reliance on trade agreements D) Diversifying market access

9. In other notable business news, what type of bill is the government planning to introduce to potentially log out certain platforms?

A) A bill to regulate cryptocurrency exchanges B) A bill to regulate real-money online gaming C) A bill to regulate social media content D) A bill to regulate e-commerce platforms

ALL TN Comp Exams Prep

August 20, 2025 - Current affairs for all the Exams: India's Economic Landscape: S&P Upgrade, Thawing China Ties, and Growth Optimism

Your Score: 0 / 0

1. As per S&P Global Ratings' upgrade on August 19, 2025, what is India's new long-term unsolicited sovereign credit rating and its outlook?

2. Which of the following was NOT cited by S&P Global Ratings as a key factor for upgrading India's sovereign credit rating?

3. The recent upgrade of India's sovereign credit rating by S&P Global Ratings marks the first such upgrade in how many years?

4. India and China have agreed on several measures to foster a "stable, cooperative and forward-looking" relationship. Which of the following is one of the agreed-upon measures?

5. A significant factor reportedly driving the strategic realignment and thaw in relations between India and China is:

6. The Bharatiya Janata Party (BJP) asserted that India would be "least affected" by potential US tariffs due to the substantial contribution of domestic consumption to the nation's GDP. Approximately what percentage does domestic consumption contribute?

7. To achieve an ambitious annual growth rate of 8% for at least a decade, a parliamentary panel recommended increasing the investment rate in the economy from the current 31% to approximately what percentage of GDP?

8. Which of the following is NOT a focus area recommended by the parliamentary panel for India's recalibrated export strategy?

9. In other notable business news, what type of bill is the government planning to introduce to potentially log out certain platforms?

August 20, 2025 - Current affairs for all the Exams: India's Economic Landscape: S&P Upgrade, Thawing China Ties, and Growth Optimism

Your Score: 0 / 0

1. As per S&P Global Ratings' upgrade on August 19, 2025, what is India's new long-term unsolicited sovereign credit rating and its outlook?

2. Which of the following was NOT cited by S&P Global Ratings as a key factor for upgrading India's sovereign credit rating?

3. The recent upgrade of India's sovereign credit rating by S&P Global Ratings marks the first such upgrade in how many years?

4. India and China have agreed on several measures to foster a "stable, cooperative and forward-looking" relationship. Which of the following is one of the agreed-upon measures?

5. A significant factor reportedly driving the strategic realignment and thaw in relations between India and China is:

6. The Bharatiya Janata Party (BJP) asserted that India would be "least affected" by potential US tariffs due to the substantial contribution of domestic consumption to the nation's GDP. Approximately what percentage does domestic consumption contribute?

7. To achieve an ambitious annual growth rate of 8% for at least a decade, a parliamentary panel recommended increasing the investment rate in the economy from the current 31% to approximately what percentage of GDP?

8. Which of the following is NOT a focus area recommended by the parliamentary panel for India's recalibrated export strategy?

9. In other notable business news, what type of bill is the government planning to introduce to potentially log out certain platforms?

📢 Share this page