MCQ Test: August 22, 2025 - Current affairs for all the Exams: India's Economy Sees Record Growth in August Amidst Inflation Concerns; RBI Reviews Policy Framework

1. What was the primary reason cited for the sharpest price hikes in India in over a decade, as per the given content?

A) Increased government spending B) Strong demand and higher wage bills C) Decline in manufacturing output D) Reduced foreign direct investment

2. By when is the Reserve Bank of India (RBI) statutorily required to complete its review of the flexible inflation targeting (FIT) framework?

A) August 2025 B) September 2025 C) March 2026 D) December 2026

3. Which of the following is NOT a critical question being addressed in the RBI's review of its flexible inflation targeting framework?

A) Whether to focus on headline or core inflation. B) The appropriateness of the 4% CPI inflation target. C) The suitability of the 2-6% tolerance band. D) The impact of global oil prices on domestic inflation.

4. According to the State Bank of India (SBI) Research report, what is the anticipated full fiscal year (FY26) GDP growth for India?

A) 6.8% B) 7.0% C) 6.5% D) 6.3%

5. What reason did the SBI Research report attribute to its revised, slightly lower full fiscal year (FY26) GDP growth projection compared to RBI's target?

A) Increased government debt B) Muted private capital expenditure C) Decline in export volumes D) Higher inflation rates

6. The Finance Ministry has directed Public Sector Banks (PSBs) to expand their credit outreach to which of the following sectors/entities, beyond large corporations?

A) Mid-market companies, SMEs, and agriculture only B) SMEs, agriculture, and startups only C) Mid-market companies, SMEs, agriculture, and startups D) Mid-market companies and startups only

7. One of the reasons cited for the Finance Ministry's directive to Public Sector Banks (PSBs) regarding credit outreach is:

A) To prepare for an upcoming global recession. B) To counter the PSBs' declining market share in advances. C) To fund new infrastructure projects exclusively. D) To reduce the overall non-performing assets of banks.

8. Which of the following countries is NOT a member of the Eurasian Economic Union (EAEU) with which India is negotiating a Free Trade Agreement (FTA)?

A) Armenia B) Kazakhstan C) Russia D) Ukraine

9. India's private sector activity in August 2025 recorded its fastest expansion since which month and year?

A) January 2008 B) December 2005 C) August 2005 D) March 2006

10. On August 21, 2025, the Indian equity markets extended their rally for how many consecutive trading days?

A) Third B) Fourth C) Fifth D) Sixth

ALL TN Comp Exams Prep

August 22, 2025 - Current affairs for all the Exams: India's Economy Sees Record Growth in August Amidst Inflation Concerns; RBI Reviews Policy Framework

Your Score: 0 / 0

1. What was the primary reason cited for the sharpest price hikes in India in over a decade, as per the given content?

2. By when is the Reserve Bank of India (RBI) statutorily required to complete its review of the flexible inflation targeting (FIT) framework?

3. Which of the following is NOT a critical question being addressed in the RBI's review of its flexible inflation targeting framework?

4. According to the State Bank of India (SBI) Research report, what is the anticipated full fiscal year (FY26) GDP growth for India?

5. What reason did the SBI Research report attribute to its revised, slightly lower full fiscal year (FY26) GDP growth projection compared to RBI's target?

6. The Finance Ministry has directed Public Sector Banks (PSBs) to expand their credit outreach to which of the following sectors/entities, beyond large corporations?

7. One of the reasons cited for the Finance Ministry's directive to Public Sector Banks (PSBs) regarding credit outreach is:

8. Which of the following countries is NOT a member of the Eurasian Economic Union (EAEU) with which India is negotiating a Free Trade Agreement (FTA)?

9. India's private sector activity in August 2025 recorded its fastest expansion since which month and year?

10. On August 21, 2025, the Indian equity markets extended their rally for how many consecutive trading days?

August 22, 2025 - Current affairs for all the Exams: India's Economy Sees Record Growth in August Amidst Inflation Concerns; RBI Reviews Policy Framework

Your Score: 0 / 0

1. What was the primary reason cited for the sharpest price hikes in India in over a decade, as per the given content?

2. By when is the Reserve Bank of India (RBI) statutorily required to complete its review of the flexible inflation targeting (FIT) framework?

3. Which of the following is NOT a critical question being addressed in the RBI's review of its flexible inflation targeting framework?

4. According to the State Bank of India (SBI) Research report, what is the anticipated full fiscal year (FY26) GDP growth for India?

5. What reason did the SBI Research report attribute to its revised, slightly lower full fiscal year (FY26) GDP growth projection compared to RBI's target?

6. The Finance Ministry has directed Public Sector Banks (PSBs) to expand their credit outreach to which of the following sectors/entities, beyond large corporations?

7. One of the reasons cited for the Finance Ministry's directive to Public Sector Banks (PSBs) regarding credit outreach is:

8. Which of the following countries is NOT a member of the Eurasian Economic Union (EAEU) with which India is negotiating a Free Trade Agreement (FTA)?

9. India's private sector activity in August 2025 recorded its fastest expansion since which month and year?

10. On August 21, 2025, the Indian equity markets extended their rally for how many consecutive trading days?

📢 Share this page