MCQ Test: Indian Economy Shows Resilience Amid Reforms, Trade Deal Prospects, and Indicator Overhaul

1. What is Deloitte India's revised GDP growth forecast for India for the financial year 2025-26?

A) 6.5% B) 6.8% C) 7.0% D) 6.2%

2. Which of the following factors is NOT cited by Deloitte India as a contributor to India's projected GDP growth for FY2025-26?

A) Buoyant domestic demand B) Accommodative monetary policy C) High inflation rates D) Ongoing structural reforms like 'GST 2.0'

3. India is set to implement a major revamp of its key economic indicators, including GDP and retail inflation data, in which year?

A) Early 2024 B) Mid-2025 C) Early 2026 D) Late 2027

4. As part of the planned overhaul of India's economic indicators in 2026, which new index will be introduced for the first time?

A) Manufacturing Sector Index B) Agricultural Productivity Index C) Services Sector Index D) Digital Economy Index

5. After the planned overhaul of economic indicators, what will be the new base year for India's GDP data?

A) 2011-12 B) 2022-23 C) 2017-18 D) 2023-24

6. The reports of an imminent India-US trade pact with lower tariffs have led to a significant surge in shares of top Indian exporters, particularly in which two sectors?

A) Pharmaceuticals and Automotive B) Information Technology (IT) and Textile C) Steel and Cement D) Agriculture and Food Processing

7. According to the Reserve Bank of India's October monthly bulletin, the headline Consumer Price Index (CPI) inflation in September moderated sharply to its lowest reading since which year?

A) June 2015 B) June 2017 C) September 2018 D) March 2020

8. What is India's stated primary consideration regarding its energy policy, particularly concerning Russian oil imports, according to the provided content?

A) Adhering to US requests B) Prioritizing geopolitical alliances C) Safeguarding consumer interests and ensuring stable, secure supplies D) Diversifying energy sources away from Russia

9. The European Union has imposed sanctions on three India-based firms as part of its 19th package of measures against entities linked to which country?

A) China B) Iran C) Russia D) North Korea

10. Deloitte India's revised GDP growth forecast for FY2025-26 aligns closely with the estimate of which other major Indian financial institution for the same period?

A) Securities and Exchange Board of India (SEBI) B) National Bank for Agriculture and Rural Development (NABARD) C) Reserve Bank of India (RBI) D) NITI Aayog

11. Which specific structural reform, anticipated as 'GST 2.0', is mentioned by Deloitte India as a contributor to India's projected GDP growth for FY2025-26?

A) New Direct Tax Code B) Goods and Services Tax (GST) C) Production Linked Incentive (PLI) Scheme D) Labour Code Reforms

12. According to the RBI's October monthly bulletin, which of the following is an indicator of the Indian economy's resilience?

A) Declining urban demand B) Moderated CPI inflation in September C) Decreased kharif sowing D) Falling business confidence in manufacturing

13. The planned overhaul of India's economic indicators in early 2026 aims to provide a more accurate and contemporary picture, specifically reflecting the growing importance of which two aspects?

A) Manufacturing sector and traditional agriculture B) Public sector enterprises and government spending C) Digital economy and services D) Export-oriented industries and foreign investments

14. Who among the following economists from Deloitte India highlighted that consumption spending during the festive quarter is likely to fuel demand for FY2025-26?

A) Urjit Patel B) Raghuram Rajan C) Rumki Majumdar D) Arvind Subramanian

ALL TN Comp Exams Prep

Indian Economy Shows Resilience Amid Reforms, Trade Deal Prospects, and Indicator Overhaul

Your Score: 0 / 0

1. What is Deloitte India's revised GDP growth forecast for India for the financial year 2025-26?

2. Which of the following factors is NOT cited by Deloitte India as a contributor to India's projected GDP growth for FY2025-26?

3. India is set to implement a major revamp of its key economic indicators, including GDP and retail inflation data, in which year?

4. As part of the planned overhaul of India's economic indicators in 2026, which new index will be introduced for the first time?

5. After the planned overhaul of economic indicators, what will be the new base year for India's GDP data?

6. The reports of an imminent India-US trade pact with lower tariffs have led to a significant surge in shares of top Indian exporters, particularly in which two sectors?

7. According to the Reserve Bank of India's October monthly bulletin, the headline Consumer Price Index (CPI) inflation in September moderated sharply to its lowest reading since which year?

8. What is India's stated primary consideration regarding its energy policy, particularly concerning Russian oil imports, according to the provided content?

9. The European Union has imposed sanctions on three India-based firms as part of its 19th package of measures against entities linked to which country?

10. Deloitte India's revised GDP growth forecast for FY2025-26 aligns closely with the estimate of which other major Indian financial institution for the same period?

11. Which specific structural reform, anticipated as 'GST 2.0', is mentioned by Deloitte India as a contributor to India's projected GDP growth for FY2025-26?

12. According to the RBI's October monthly bulletin, which of the following is an indicator of the Indian economy's resilience?

13. The planned overhaul of India's economic indicators in early 2026 aims to provide a more accurate and contemporary picture, specifically reflecting the growing importance of which two aspects?

14. Who among the following economists from Deloitte India highlighted that consumption spending during the festive quarter is likely to fuel demand for FY2025-26?

Indian Economy Shows Resilience Amid Reforms, Trade Deal Prospects, and Indicator Overhaul

Your Score: 0 / 0

1. What is Deloitte India's revised GDP growth forecast for India for the financial year 2025-26?

2. Which of the following factors is NOT cited by Deloitte India as a contributor to India's projected GDP growth for FY2025-26?

3. India is set to implement a major revamp of its key economic indicators, including GDP and retail inflation data, in which year?

4. As part of the planned overhaul of India's economic indicators in 2026, which new index will be introduced for the first time?

5. After the planned overhaul of economic indicators, what will be the new base year for India's GDP data?

6. The reports of an imminent India-US trade pact with lower tariffs have led to a significant surge in shares of top Indian exporters, particularly in which two sectors?

7. According to the Reserve Bank of India's October monthly bulletin, the headline Consumer Price Index (CPI) inflation in September moderated sharply to its lowest reading since which year?

8. What is India's stated primary consideration regarding its energy policy, particularly concerning Russian oil imports, according to the provided content?

9. The European Union has imposed sanctions on three India-based firms as part of its 19th package of measures against entities linked to which country?

10. Deloitte India's revised GDP growth forecast for FY2025-26 aligns closely with the estimate of which other major Indian financial institution for the same period?

11. Which specific structural reform, anticipated as 'GST 2.0', is mentioned by Deloitte India as a contributor to India's projected GDP growth for FY2025-26?

12. According to the RBI's October monthly bulletin, which of the following is an indicator of the Indian economy's resilience?

13. The planned overhaul of India's economic indicators in early 2026 aims to provide a more accurate and contemporary picture, specifically reflecting the growing importance of which two aspects?

14. Who among the following economists from Deloitte India highlighted that consumption spending during the festive quarter is likely to fuel demand for FY2025-26?

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