MCQ Test: Indian Economy & Business: Key Developments (November 4-5, 2025)

1. According to Finance Minister Nirmala Sitharaman, what is India's ambitious economic goal regarding its global ranking?

A) To become the world's second-largest economy B) To become the world's third-largest economy C) To become the world's fifth-largest economy D) To maintain its current position as the tenth-largest economy

2. From what global economic ranking in 2014 has India significantly advanced, as highlighted by the Finance Minister?

A) Twelfth-largest economy B) Eighth-largest economy C) Tenth-largest economy D) Sixth-largest economy

3. What significant social achievement was attributed to India's inclusive growth model by the Finance Minister?

A) Achieving universal literacy B) Lifting 25 million people out of multi-dimensional poverty C) Eradicating unemployment D) Doubling farmers' income

4. What is the fiscal deficit target, as a percentage of GDP, for India for the financial year 2025-26?

A) 3.5% B) 4.4% C) 5.1% D) 6.0%

5. What is the primary objective of the US$ 11.27 billion Research, Development, and Innovation Fund launched by the Prime Minister?

A) To boost agricultural productivity B) To promote private-led innovation and position India as a global science and technology leader C) To fund infrastructure projects D) To provide subsidies for small businesses

6. What was the approximate record consumer spending recorded during India's month-long festive season (September 22 to October 21, 2025)?

A) US$ 45.2 billion B) US$ 50.0 billion C) US$ 67.6 billion D) US$ 75.8 billion

7. What was a significant government policy change that primarily drove the surge in consumer spending during the festive season?

A) Income tax reductions for all citizens B) Goods and Services Tax (GST) cuts across numerous product categories C) Direct cash transfers to households D) Increased public sector salaries

8. A Manufacturing Purchasing Managers' Index (PMI) of 59.2 in October 2025, as reported in the text, generally indicates what for the manufacturing sector?

A) A contraction in manufacturing activity B) Stagnation in manufacturing output C) Strong expansion and robust demand D) A slight decline in production

9. Which major public sector bank reported a 10% rise in its net profit for the September quarter (Q2 FY26), partly aided by a one-time income from the sale of Yes Bank shares?

A) Punjab National Bank B) Bank of Baroda C) State Bank of India (SBI) D) Canara Bank

10. Which prominent company reported an impressive 84% growth in its Q2 net profit, reaching ₹3,199 crore?

A) Reliance Industries B) Tata Consultancy Services C) Adani Enterprises D) Infosys

11. Which telecom major announced a substantial 89% year-on-year increase in net profit for Q2 FY25?

A) Vodafone Idea B) Bharti Airtel C) Reliance Jio D) BSNL

12. The Enforcement Directorate provisionally attached assets linked to the Reliance Anil Ambani Group as part of an investigation related to which specific financial institution?

A) ICICI Bank B) HDFC Bank C) Axis Bank D) YES Bank

13. What is a key concern raised by experts regarding the booming Initial Public Offering (IPO) market in India?

A) Lack of investor interest B) Insufficient regulatory oversight C) Potential red flags concerning stretched market valuations D) Limited number of companies going public

14. OYO's parent company, PRISM, withdrew a controversial bonus share scheme following what event?

A) A change in government policy B) Investor backlash C) A legal injunction D) A decline in company profits

15. Which company, known for jewellery and watches, saw its consolidated net profit rise by 59.1% in Q2 FY26?

A) PC Jeweller B) Kalyan Jewellers C) Titan Company D) Rajesh Exports

16. Which Adani Group entity reported a 29% jump in consolidated net profit for Q2 FY26?

A) Adani Green Energy B) Adani Power C) Adani Ports and Special Economic Zone (APSEZ) D) Adani Transmission

17. What significant trend did Bajaj Finance report concerning festive loans?

A) A significant 27% surge in festive loan volume B) A 15% decline in festive loan approvals C) Stagnation in festive loan demand D) Withdrawal from the festive loan market

ALL TN Comp Exams Prep

Indian Economy & Business: Key Developments (November 4-5, 2025)

Your Score: 0 / 0

1. According to Finance Minister Nirmala Sitharaman, what is India's ambitious economic goal regarding its global ranking?

2. From what global economic ranking in 2014 has India significantly advanced, as highlighted by the Finance Minister?

3. What significant social achievement was attributed to India's inclusive growth model by the Finance Minister?

4. What is the fiscal deficit target, as a percentage of GDP, for India for the financial year 2025-26?

5. What is the primary objective of the US$ 11.27 billion Research, Development, and Innovation Fund launched by the Prime Minister?

6. What was the approximate record consumer spending recorded during India's month-long festive season (September 22 to October 21, 2025)?

7. What was a significant government policy change that primarily drove the surge in consumer spending during the festive season?

8. A Manufacturing Purchasing Managers' Index (PMI) of 59.2 in October 2025, as reported in the text, generally indicates what for the manufacturing sector?

9. Which major public sector bank reported a 10% rise in its net profit for the September quarter (Q2 FY26), partly aided by a one-time income from the sale of Yes Bank shares?

10. Which prominent company reported an impressive 84% growth in its Q2 net profit, reaching ₹3,199 crore?

11. Which telecom major announced a substantial 89% year-on-year increase in net profit for Q2 FY25?

12. The Enforcement Directorate provisionally attached assets linked to the Reliance Anil Ambani Group as part of an investigation related to which specific financial institution?

13. What is a key concern raised by experts regarding the booming Initial Public Offering (IPO) market in India?

14. OYO's parent company, PRISM, withdrew a controversial bonus share scheme following what event?

15. Which company, known for jewellery and watches, saw its consolidated net profit rise by 59.1% in Q2 FY26?

16. Which Adani Group entity reported a 29% jump in consolidated net profit for Q2 FY26?

17. What significant trend did Bajaj Finance report concerning festive loans?

Indian Economy & Business: Key Developments (November 4-5, 2025)

Your Score: 0 / 0

1. According to Finance Minister Nirmala Sitharaman, what is India's ambitious economic goal regarding its global ranking?

2. From what global economic ranking in 2014 has India significantly advanced, as highlighted by the Finance Minister?

3. What significant social achievement was attributed to India's inclusive growth model by the Finance Minister?

4. What is the fiscal deficit target, as a percentage of GDP, for India for the financial year 2025-26?

5. What is the primary objective of the US$ 11.27 billion Research, Development, and Innovation Fund launched by the Prime Minister?

6. What was the approximate record consumer spending recorded during India's month-long festive season (September 22 to October 21, 2025)?

7. What was a significant government policy change that primarily drove the surge in consumer spending during the festive season?

8. A Manufacturing Purchasing Managers' Index (PMI) of 59.2 in October 2025, as reported in the text, generally indicates what for the manufacturing sector?

9. Which major public sector bank reported a 10% rise in its net profit for the September quarter (Q2 FY26), partly aided by a one-time income from the sale of Yes Bank shares?

10. Which prominent company reported an impressive 84% growth in its Q2 net profit, reaching ₹3,199 crore?

11. Which telecom major announced a substantial 89% year-on-year increase in net profit for Q2 FY25?

12. The Enforcement Directorate provisionally attached assets linked to the Reliance Anil Ambani Group as part of an investigation related to which specific financial institution?

13. What is a key concern raised by experts regarding the booming Initial Public Offering (IPO) market in India?

14. OYO's parent company, PRISM, withdrew a controversial bonus share scheme following what event?

15. Which company, known for jewellery and watches, saw its consolidated net profit rise by 59.1% in Q2 FY26?

16. Which Adani Group entity reported a 29% jump in consolidated net profit for Q2 FY26?

17. What significant trend did Bajaj Finance report concerning festive loans?

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