MCQ Test: Indian Economy and Business: Key Developments on October 27, 2025

1. What growth rate did the International Monetary Fund (IMF) project for India for 2026, positioning it as the world's fastest-growing major economy?

A) 5.8% B) 6.2% C) 6.6% D) 7.0%

2. Which of the following is NOT cited as a primary factor contributing to India's robust economic expansion according to the provided text?

A) Strong domestic consumption B) Rebound in manufacturing C) Declining government capital expenditure D) Ongoing policy reforms

3. The Reserve Bank of India (RBI) introduced new regulations concerning old currency notes primarily to achieve which of the following objectives?

A) Encourage digital payments B) Increase foreign exchange reserves C) Bring unaccounted money into the formal banking system D) Facilitate currency exchange for tourists

4. Which of the following measures has the RBI NOT proposed to boost credit flow in the economy?

A) Removing sectoral caps on large borrowers B) Easing restrictions on acquisition finance C) Raising lending limits for loans against shares D) Mandating a reduction in interest rates across all banks

5. What is the name of the RBI's global hackathon focused on developing innovative, secure, and user-centric banking solutions?

A) FinTech Challenge B) Digital India Innovate C) HaRBInger 2025 D) Bankathon Ignite

6. India's Commerce and Industry Minister, Piyush Goyal, visited Brussels for high-level discussions primarily aimed at finalizing what?

A) A defense cooperation agreement B) A Free Trade Agreement (FTA) with the European Union C) A cultural exchange program D) A technology transfer pact

7. Which two ambitious visions are guiding the significant transformation and investments in India's maritime sector?

A) Sagarmala Project & Blue Economy Initiative B) Port Modernization Drive & Shipping Capacity Enhancement C) Maritime India Vision 2030 & Maritime Amrit Kaal Vision 2047 D) Coastal Development Plan & Inland Waterways Expansion

8. The upcoming new GDP series is expected to provide more elaborate data on which two specific economic aspects, utilizing improved data collection methods like GST and UPI?

A) Agricultural output and industrial production B) Digital economy and unincorporated enterprises C) Foreign direct investment and portfolio investment D) Public sector undertakings and private sector growth

9. India is increasingly viewed as a 'breakout market' due to which combination of factors?

A) Declining inflation and stable currency B) Strong export growth and low import dependence C) Compelling macroeconomic fundamentals, rising high-net-worth individuals, and improving retail infrastructure D) High unemployment and significant foreign aid

10. The continuing US government shutdown is highlighted for its potential to disrupt which specific aspect for Indian companies?

A) Tourism revenue B) Corporate activities for Indian companies with American exposure C) Agricultural exports to the US D) Technology imports from the US

11. Malaysia has expressed support for a swift trade pact with New Delhi, recognizing the India-ASEAN partnership as what?

A) A challenge to regional stability B) A force for global economic dominance C) A force for stability D) A temporary alliance

12. According to an SBICAPS report, steady growth in the latter half of FY26 is primarily driven by which two factors?

A) Increased foreign investment and reduced trade deficit B) Strong internal demand and increased government capital expenditure C) Declining inflation and stable interest rates D) Expansion of export markets and currency depreciation

ALL TN Comp Exams Prep

Indian Economy and Business: Key Developments on October 27, 2025

Your Score: 0 / 0

1. What growth rate did the International Monetary Fund (IMF) project for India for 2026, positioning it as the world's fastest-growing major economy?

2. Which of the following is NOT cited as a primary factor contributing to India's robust economic expansion according to the provided text?

3. The Reserve Bank of India (RBI) introduced new regulations concerning old currency notes primarily to achieve which of the following objectives?

4. Which of the following measures has the RBI NOT proposed to boost credit flow in the economy?

5. What is the name of the RBI's global hackathon focused on developing innovative, secure, and user-centric banking solutions?

6. India's Commerce and Industry Minister, Piyush Goyal, visited Brussels for high-level discussions primarily aimed at finalizing what?

7. Which two ambitious visions are guiding the significant transformation and investments in India's maritime sector?

8. The upcoming new GDP series is expected to provide more elaborate data on which two specific economic aspects, utilizing improved data collection methods like GST and UPI?

9. India is increasingly viewed as a 'breakout market' due to which combination of factors?

10. The continuing US government shutdown is highlighted for its potential to disrupt which specific aspect for Indian companies?

11. Malaysia has expressed support for a swift trade pact with New Delhi, recognizing the India-ASEAN partnership as what?

12. According to an SBICAPS report, steady growth in the latter half of FY26 is primarily driven by which two factors?

Indian Economy and Business: Key Developments on October 27, 2025

Your Score: 0 / 0

1. What growth rate did the International Monetary Fund (IMF) project for India for 2026, positioning it as the world's fastest-growing major economy?

2. Which of the following is NOT cited as a primary factor contributing to India's robust economic expansion according to the provided text?

3. The Reserve Bank of India (RBI) introduced new regulations concerning old currency notes primarily to achieve which of the following objectives?

4. Which of the following measures has the RBI NOT proposed to boost credit flow in the economy?

5. What is the name of the RBI's global hackathon focused on developing innovative, secure, and user-centric banking solutions?

6. India's Commerce and Industry Minister, Piyush Goyal, visited Brussels for high-level discussions primarily aimed at finalizing what?

7. Which two ambitious visions are guiding the significant transformation and investments in India's maritime sector?

8. The upcoming new GDP series is expected to provide more elaborate data on which two specific economic aspects, utilizing improved data collection methods like GST and UPI?

9. India is increasingly viewed as a 'breakout market' due to which combination of factors?

10. The continuing US government shutdown is highlighted for its potential to disrupt which specific aspect for Indian companies?

11. Malaysia has expressed support for a swift trade pact with New Delhi, recognizing the India-ASEAN partnership as what?

12. According to an SBICAPS report, steady growth in the latter half of FY26 is primarily driven by which two factors?

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