MCQ Test: Indian Economy Navigates Global Headwinds with Robust Growth Projections Amidst Trade Deal Progress and Domestic Shifts

1. What was the primary reason attributed to the moderation of India's private sector activity to a five-month low in October, as per the HSBC Flash India Composite Output Index?

A) A slowdown in the manufacturing sector B) A significant decline in agricultural output C) A slowdown in the services economy D) Reduced foreign direct investment

2. Which factor is primarily credited for the recent slight pickup in India's manufacturing sector's Purchasing Managers' Index (PMI)?

A) Increased government spending on infrastructure B) Recent Goods and Services Tax (GST) rate cuts C) A surge in export orders from Europe D) Lower global crude oil prices

3. What was a notable impact of US tariffs on India's trade, specifically mentioned for September?

A) A sharp increase in exports to the United States B) Diversification of India's export markets away from the US C) A sharp decline in exports to the United States D) An overall improvement in India's business optimism

4. India and the United States are reportedly close to finalizing a bilateral trade agreement. What is the stated target for doubling bilateral trade by 2030 under this pact?

A) $250 billion B) $500 billion C) $750 billion D) $1 trillion

5. What was India's Commerce Minister Piyush Goyal's emphasized approach regarding rushing into trade agreements?

A) India would prioritize speed to secure deals quickly B) India would not rush into trade agreements under external pressure C) India would seek to finalize agreements by the end of the year D) India would only sign agreements beneficial to specific industries

6. According to the International Monetary Fund (IMF), what is India's projected economic growth rate for FY26?

A) 6.0% B) 6.5% C) 6.6% D) 6.9%

7. The IMF's optimistic forecast for India's economic growth is attributed to robust Q2 growth and which other key factor?

A) A significant increase in foreign direct investment B) Implementation of GST 2.0 reforms C) A reduction in global oil prices D) Strong performance of the agricultural sector

8. Deloitte India revised its FY26 GDP growth forecast to what specific range?

A) Between 6.0% and 6.2% B) Between 6.3% and 6.5% C) Between 6.7% and 6.9% D) Between 7.0% and 7.2%

9. Which of the following factors underpins Deloitte India's positive GDP growth projection for FY26?

A) Declining domestic demand B) Restrictive monetary policies C) Ongoing structural reforms like GST 2.0 D) A sharp increase in government debt

10. In which specific sectors were NRI-led investments particularly noted to have seen a significant increase in 2025?

A) Agriculture and infrastructure development B) Real estate and tech startup sectors C) Manufacturing and automotive industries D) Healthcare and pharmaceutical sectors

11. What initiative have several major Indian banks launched to further encourage investments from Non-Resident Indians (NRIs)?

A) Offering tax exemptions on all NRI income B) New savings and investment plans tailored for overseas Indians C) Providing direct subsidies for NRI businesses D) Establishing exclusive banking branches abroad

12. What is the primary objective of the 'Overseas Mobility Bill' being drafted by India's Ministry of External Affairs?

A) To regulate international tourism from India B) To streamline the process of connecting Indian workers to the international job market C) To manage foreign student admissions in Indian universities D) To facilitate cultural exchange programs with other countries

13. Besides profit-booking, what other major concern influenced the Indian stock market downturn mentioned in the text?

A) A sudden increase in interest rates by the RBI B) Reports of a potential fresh US probe into China's trade practices C) A decline in domestic consumption demand D) Negative global economic growth forecasts

14. According to the IMF's forecast, India is projected to be the fastest-growing large economy in which two consecutive fiscal years?

A) FY24 and FY25 B) FY25 and FY26 C) FY26 and FY27 D) FY23 and FY24

15. What was the HSBC Flash India Composite Output Index value in October, which indicated a five-month low?

A) 61.0 B) 59.9 C) 58.5 D) 60.5

ALL TN Comp Exams Prep

Indian Economy Navigates Global Headwinds with Robust Growth Projections Amidst Trade Deal Progress and Domestic Shifts

Your Score: 0 / 0

1. What was the primary reason attributed to the moderation of India's private sector activity to a five-month low in October, as per the HSBC Flash India Composite Output Index?

2. Which factor is primarily credited for the recent slight pickup in India's manufacturing sector's Purchasing Managers' Index (PMI)?

3. What was a notable impact of US tariffs on India's trade, specifically mentioned for September?

4. India and the United States are reportedly close to finalizing a bilateral trade agreement. What is the stated target for doubling bilateral trade by 2030 under this pact?

5. What was India's Commerce Minister Piyush Goyal's emphasized approach regarding rushing into trade agreements?

6. According to the International Monetary Fund (IMF), what is India's projected economic growth rate for FY26?

7. The IMF's optimistic forecast for India's economic growth is attributed to robust Q2 growth and which other key factor?

8. Deloitte India revised its FY26 GDP growth forecast to what specific range?

9. Which of the following factors underpins Deloitte India's positive GDP growth projection for FY26?

10. In which specific sectors were NRI-led investments particularly noted to have seen a significant increase in 2025?

11. What initiative have several major Indian banks launched to further encourage investments from Non-Resident Indians (NRIs)?

12. What is the primary objective of the 'Overseas Mobility Bill' being drafted by India's Ministry of External Affairs?

13. Besides profit-booking, what other major concern influenced the Indian stock market downturn mentioned in the text?

14. According to the IMF's forecast, India is projected to be the fastest-growing large economy in which two consecutive fiscal years?

15. What was the HSBC Flash India Composite Output Index value in October, which indicated a five-month low?

Indian Economy Navigates Global Headwinds with Robust Growth Projections Amidst Trade Deal Progress and Domestic Shifts

Your Score: 0 / 0

1. What was the primary reason attributed to the moderation of India's private sector activity to a five-month low in October, as per the HSBC Flash India Composite Output Index?

2. Which factor is primarily credited for the recent slight pickup in India's manufacturing sector's Purchasing Managers' Index (PMI)?

3. What was a notable impact of US tariffs on India's trade, specifically mentioned for September?

4. India and the United States are reportedly close to finalizing a bilateral trade agreement. What is the stated target for doubling bilateral trade by 2030 under this pact?

5. What was India's Commerce Minister Piyush Goyal's emphasized approach regarding rushing into trade agreements?

6. According to the International Monetary Fund (IMF), what is India's projected economic growth rate for FY26?

7. The IMF's optimistic forecast for India's economic growth is attributed to robust Q2 growth and which other key factor?

8. Deloitte India revised its FY26 GDP growth forecast to what specific range?

9. Which of the following factors underpins Deloitte India's positive GDP growth projection for FY26?

10. In which specific sectors were NRI-led investments particularly noted to have seen a significant increase in 2025?

11. What initiative have several major Indian banks launched to further encourage investments from Non-Resident Indians (NRIs)?

12. What is the primary objective of the 'Overseas Mobility Bill' being drafted by India's Ministry of External Affairs?

13. Besides profit-booking, what other major concern influenced the Indian stock market downturn mentioned in the text?

14. According to the IMF's forecast, India is projected to be the fastest-growing large economy in which two consecutive fiscal years?

15. What was the HSBC Flash India Composite Output Index value in October, which indicated a five-month low?

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