MCQ Test: Indian Economy Shows Resilience Amidst Global Headwinds; NITI Aayog Highlights Regionally Balanced Services Growth

1. According to the recent NITI Aayog report, what is the key characteristic of India's services-led economic growth?

A) It is becoming more concentrated in advanced states. B) It is showing a decline in overall contribution to GVA. C) It is becoming more regionally balanced, with lower-share states catching up. D) It is primarily driven by the public sector.

2. What percentage of India's national Gross Value Added (GVA) is contributed by the services sector as per the 2024-25 estimates mentioned in the report?

A) Approximately 35% B) Nearly 55% C) Over 70% D) Around 40%

3. Which of the following is NOT among the key areas recommended by NITI Aayog to enhance sectoral competitiveness and diversification?

A) Prioritizing digital infrastructure B) Enhancing logistics and innovation C) Focusing solely on agricultural subsidies D) Improving finance and skilling initiatives

4. Which sector primarily drove India's industrial output growth in September 2025?

A) Energy sector B) Mining sector C) Manufacturing sector D) Construction sector

5. In September 2025, which component of India's industrial output showed weakness, experiencing a decline in production?

A) Steel production B) Cement output C) Refinery output D) Manufacturing overall

6. According to the Finance Ministry's review for September 2025, which of the following factors contributed to India's continued economic stability?

A) I and II only B) II and III only C) I, II, and III only D) I, II, III, and IV

7. What is the International Monetary Fund's (IMF) revised GDP growth forecast for India for FY26, as mentioned in the content?

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

8. Which new framework introduced by the Reserve Bank of India (RBI) is anticipated to support credit expansion in the banking system?

A) Asset Quality Review (AQR) framework B) Expected Credit Loss (ECL) framework C) Prompt Corrective Action (PCA) framework D) Marginal Standing Facility (MSF) framework

9. What was the primary impact of the 50% additional tariff imposed by the US on Indian exports in September?

A) A 12% increase in overall Indian exports. B) A 12% decline in Indian exports to the US. C) A surge in electronics shipments to the US. D) Diversion of all Indian exports to the EU market.

10. With which international bloc is India making significant progress in Free Trade Agreement (FTA) negotiations, with a high-level delegation expected to visit New Delhi for technical tariff negotiations?

A) ASEAN B) European Union C) African Union D) MERCOSUR

11. What is the main reason cited for the Reserve Bank of India's (RBI) accelerated efforts to repatriate gold?

A) To increase domestic gold consumption. B) To reduce storage costs overseas. C) Increasing global skepticism about keeping sovereign assets offshore amid geopolitical uncertainties. D) To boost India's gold mining sector.

12. As of the end of September 2025, approximately how many tonnes of India's total gold reserves are held domestically by the RBI?

A) Less than 100 tonnes B) Around 300 tonnes C) Approximately 575.8 tonnes D) Over 800 tonnes

13. What was the unemployment rate in India as of September 2025, according to the Finance Ministry's review?

A) 4.1% B) 5.2% C) 6.8% D) 7.3%

14. Which category of Indian exports showed the highest surge, with a 42% increase, in H1 FY26?

A) Services exports B) Agricultural products C) Electronics shipments D) Steel and cement

15. What was the total value of India's exports in H1 FY26?

A) $250.5 billion B) $380.1 billion C) $413.3 billion D) $500.0 billion

ALL TN Comp Exams Prep

Indian Economy Shows Resilience Amidst Global Headwinds; NITI Aayog Highlights Regionally Balanced Services Growth

Your Score: 0 / 0

1. According to the recent NITI Aayog report, what is the key characteristic of India's services-led economic growth?

2. What percentage of India's national Gross Value Added (GVA) is contributed by the services sector as per the 2024-25 estimates mentioned in the report?

3. Which of the following is NOT among the key areas recommended by NITI Aayog to enhance sectoral competitiveness and diversification?

4. Which sector primarily drove India's industrial output growth in September 2025?

5. In September 2025, which component of India's industrial output showed weakness, experiencing a decline in production?

6. According to the Finance Ministry's review for September 2025, which of the following factors contributed to India's continued economic stability?

7. What is the International Monetary Fund's (IMF) revised GDP growth forecast for India for FY26, as mentioned in the content?

8. Which new framework introduced by the Reserve Bank of India (RBI) is anticipated to support credit expansion in the banking system?

9. What was the primary impact of the 50% additional tariff imposed by the US on Indian exports in September?

10. With which international bloc is India making significant progress in Free Trade Agreement (FTA) negotiations, with a high-level delegation expected to visit New Delhi for technical tariff negotiations?

11. What is the main reason cited for the Reserve Bank of India's (RBI) accelerated efforts to repatriate gold?

12. As of the end of September 2025, approximately how many tonnes of India's total gold reserves are held domestically by the RBI?

13. What was the unemployment rate in India as of September 2025, according to the Finance Ministry's review?

14. Which category of Indian exports showed the highest surge, with a 42% increase, in H1 FY26?

15. What was the total value of India's exports in H1 FY26?

Indian Economy Shows Resilience Amidst Global Headwinds; NITI Aayog Highlights Regionally Balanced Services Growth

Your Score: 0 / 0

1. According to the recent NITI Aayog report, what is the key characteristic of India's services-led economic growth?

2. What percentage of India's national Gross Value Added (GVA) is contributed by the services sector as per the 2024-25 estimates mentioned in the report?

3. Which of the following is NOT among the key areas recommended by NITI Aayog to enhance sectoral competitiveness and diversification?

4. Which sector primarily drove India's industrial output growth in September 2025?

5. In September 2025, which component of India's industrial output showed weakness, experiencing a decline in production?

6. According to the Finance Ministry's review for September 2025, which of the following factors contributed to India's continued economic stability?

7. What is the International Monetary Fund's (IMF) revised GDP growth forecast for India for FY26, as mentioned in the content?

8. Which new framework introduced by the Reserve Bank of India (RBI) is anticipated to support credit expansion in the banking system?

9. What was the primary impact of the 50% additional tariff imposed by the US on Indian exports in September?

10. With which international bloc is India making significant progress in Free Trade Agreement (FTA) negotiations, with a high-level delegation expected to visit New Delhi for technical tariff negotiations?

11. What is the main reason cited for the Reserve Bank of India's (RBI) accelerated efforts to repatriate gold?

12. As of the end of September 2025, approximately how many tonnes of India's total gold reserves are held domestically by the RBI?

13. What was the unemployment rate in India as of September 2025, according to the Finance Ministry's review?

14. Which category of Indian exports showed the highest surge, with a 42% increase, in H1 FY26?

15. What was the total value of India's exports in H1 FY26?

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