MCQ Test: India's Economic Momentum: Modi Highlights Growth, Goyal Emphasizes Trade Strength, and Markets Show Mixed Trends

1. According to Prime Minister Narendra Modi, India has transformed its economic standing from being categorized as among the "fragile five" to achieving which global economic position?

A) The world's third-largest economy B) One of the world's top five economies C) The fastest-growing major economy D) A leading G7 nation

2. What are the key economic indicators highlighted by PM Modi to showcase India's progress over the past decade?

A) Growth rate below 5% and inflation above 4% B) Growth rate exceeding 7% and inflation maintained below 2% C) Growth rate of 6% and inflation of 3% D) Growth rate of 8% and inflation of 5%

3. Which major global technology company recently pledged a significant investment in India's artificial intelligence sector, as mentioned by PM Modi?

A) Microsoft B) Apple C) Google D) Amazon

4. Commerce and Industry Minister Piyush Goyal stated that India is now engaging in international trade negotiations from a position of strength, primarily supported by what economic factor?

A) Record low inflation rates B) Strong foreign exchange reserves C) High domestic consumption D) Significant increase in agricultural exports

5. What was the International Monetary Fund's (IMF) revised GDP growth forecast for India for 2025, as mentioned by Minister Piyush Goyal?

A) From 6.0% to 6.2% B) From 6.4% to 6.6% C) From 6.8% to 7.0% D) From 7.0% to 7.2%

6. What is India's economic ambition for 2047, as articulated by Commerce and Industry Minister Piyush Goyal?

A) To achieve a $10 trillion economy and become the world's fifth-largest. B) To become a $20 trillion economy and a leader in manufacturing. C) To become the world's third-largest economy with a $30-35 trillion valuation. D) To surpass China in economic size and become the largest economy.

7. What is the primary reason mentioned for the Indian Rupee remaining under pressure despite a broadly weakening US Dollar?

A) Increased domestic demand and imports B) New US tariffs on Indian exports and FPI outflows C) Decline in foreign exchange reserves D) Global economic slowdown and reduced trade

8. The Union government is planning a new expressway grid called "Golden Quadrilateral 2.0." What is its primary objective?

A) To connect major religious pilgrimage sites. B) To enhance connectivity, ease congestion, and reduce logistics costs. C) To establish a direct trade route with neighboring countries. D) To develop a network for high-speed rail.

9. The "Golden Quadrilateral 2.0" initiative is aligned with which broader national vision?

A) Make in India B) Digital India C) Vision 2047 D) Atmanirbhar Bharat

10. What factors are cited for the significant surge in gold and silver prices ahead of the festive season?

A) Geopolitical tensions and supply chain disruptions B) Strong festive demand, industrial restocking, and expectations of US interest rate cuts C) Government subsidies and reduced import duties D) Increased mining output and new gold discoveries

11. According to PM Modi, how many crore people have been lifted out of poverty due to government policies over the past decade?

A) 10 crore B) 15 crore C) 20 crore D) 25 crore

12. Which Indian market sector was highlighted as a key driver for the pre-Diwali rally in equity markets?

A) Information Technology and Pharmaceuticals B) Automotive and Real Estate C) Banking and FMCG D) Metals and Mining

13. What was the approximate level of India's robust foreign exchange reserves, as mentioned by Commerce and Industry Minister Piyush Goyal, reflecting strong economic fundamentals?

A) Around $500 billion B) Consistently around $700 billion C) Exceeding $1 trillion D) Approximately $300 billion

14. What percentage increase in trade with G7 nations did PM Modi highlight as a result of India's comprehensive reforms?

A) 20% B) 40% C) 60% D) 80%

ALL TN Comp Exams Prep

India's Economic Momentum: Modi Highlights Growth, Goyal Emphasizes Trade Strength, and Markets Show Mixed Trends

Your Score: 0 / 0

1. According to Prime Minister Narendra Modi, India has transformed its economic standing from being categorized as among the "fragile five" to achieving which global economic position?

2. What are the key economic indicators highlighted by PM Modi to showcase India's progress over the past decade?

3. Which major global technology company recently pledged a significant investment in India's artificial intelligence sector, as mentioned by PM Modi?

4. Commerce and Industry Minister Piyush Goyal stated that India is now engaging in international trade negotiations from a position of strength, primarily supported by what economic factor?

5. What was the International Monetary Fund's (IMF) revised GDP growth forecast for India for 2025, as mentioned by Minister Piyush Goyal?

6. What is India's economic ambition for 2047, as articulated by Commerce and Industry Minister Piyush Goyal?

7. What is the primary reason mentioned for the Indian Rupee remaining under pressure despite a broadly weakening US Dollar?

8. The Union government is planning a new expressway grid called "Golden Quadrilateral 2.0." What is its primary objective?

9. The "Golden Quadrilateral 2.0" initiative is aligned with which broader national vision?

10. What factors are cited for the significant surge in gold and silver prices ahead of the festive season?

11. According to PM Modi, how many crore people have been lifted out of poverty due to government policies over the past decade?

12. Which Indian market sector was highlighted as a key driver for the pre-Diwali rally in equity markets?

13. What was the approximate level of India's robust foreign exchange reserves, as mentioned by Commerce and Industry Minister Piyush Goyal, reflecting strong economic fundamentals?

14. What percentage increase in trade with G7 nations did PM Modi highlight as a result of India's comprehensive reforms?

India's Economic Momentum: Modi Highlights Growth, Goyal Emphasizes Trade Strength, and Markets Show Mixed Trends

Your Score: 0 / 0

1. According to Prime Minister Narendra Modi, India has transformed its economic standing from being categorized as among the "fragile five" to achieving which global economic position?

2. What are the key economic indicators highlighted by PM Modi to showcase India's progress over the past decade?

3. Which major global technology company recently pledged a significant investment in India's artificial intelligence sector, as mentioned by PM Modi?

4. Commerce and Industry Minister Piyush Goyal stated that India is now engaging in international trade negotiations from a position of strength, primarily supported by what economic factor?

5. What was the International Monetary Fund's (IMF) revised GDP growth forecast for India for 2025, as mentioned by Minister Piyush Goyal?

6. What is India's economic ambition for 2047, as articulated by Commerce and Industry Minister Piyush Goyal?

7. What is the primary reason mentioned for the Indian Rupee remaining under pressure despite a broadly weakening US Dollar?

8. The Union government is planning a new expressway grid called "Golden Quadrilateral 2.0." What is its primary objective?

9. The "Golden Quadrilateral 2.0" initiative is aligned with which broader national vision?

10. What factors are cited for the significant surge in gold and silver prices ahead of the festive season?

11. According to PM Modi, how many crore people have been lifted out of poverty due to government policies over the past decade?

12. Which Indian market sector was highlighted as a key driver for the pre-Diwali rally in equity markets?

13. What was the approximate level of India's robust foreign exchange reserves, as mentioned by Commerce and Industry Minister Piyush Goyal, reflecting strong economic fundamentals?

14. What percentage increase in trade with G7 nations did PM Modi highlight as a result of India's comprehensive reforms?

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