MCQ Test: Indian Economy and Business: Key Reforms, Robust Growth Projections, and Evolving Trade Dynamics

1. What is a primary objective of India's newly operationalized labor codes?

A) To increase thresholds for layoffs without notice B) To reduce social security coverage for workers C) To simplify procedures and reduce compliance burdens for businesses D) To halt foreign investments in labor-intensive sectors

2. A key concern raised by prominent Indian trade unions regarding the new labor codes is related to:

A) Decreased social security benefits for workers B) Increased flexibility for companies in workforce management C) Lack of provisions for timely wages D) Overly complex compliance procedures for businesses

3. According to Moody's projections, what is India's real GDP growth forecast for 2025?

A) 6.4% B) 7.0% C) 7.5% D) 11.9%

4. Which of the following is identified as a primary driver of India's robust economic growth, according to the text?

A) Weakening domestic demand B) Decreased infrastructure-led investments C) Strong domestic demand D) Increased reliance on foreign aid

5. Which renowned economist highlighted India's economic outperformance post-Covid compared to major global economies like the US, Europe, and China?

A) Raghuram Rajan B) Arvind Subramanian C) Jason Furman D) Amartya Sen

6. What was a significant factor contributing to the widening of India's trade deficit in October 2025?

A) A substantial increase in merchandise exports B) A significant decrease in gold imports C) A substantial increase in imports, particularly gold D) A robust growth in services exports

7. With which country did Union Commerce and Industry Minister Piyush Goyal hold high-level meetings to discuss a Free Trade Agreement and enhance cooperation?

A) United States B) China C) Israel D) Germany

8. What is India's ambitious target for non-fossil capacity by the year 2030?

A) 250 GW B) 300 GW C) 400 GW D) 500 GW

9. Which fintech platform is specifically mentioned for playing a crucial role in making green finance more accessible for SMEs and individuals investing in sustainable solutions?

A) Paytm B) PhonePe C) Ecofy D) Google Pay

10. The robust performance of the rural economy, bolstered by good rainfall and agricultural growth, has led mutual fund houses to launch what type of specialized funds?

A) Urban infrastructure funds B) Technology-focused funds C) Rural-focused funds D) International equity funds

11. Yuze Digital launched a pilot in India to provide an AI-powered platform primarily for which group?

A) Large corporations B) Government employees C) Freelancers and independent businesses D) Agricultural farmers

12. What is the strategic reason behind IndiGo's significant capital investment for aircraft ownership?

A) To expand into international cargo services B) To reduce its reliance on aircraft leasing C) To acquire smaller regional airlines D) To invest in renewable energy projects

13. How are India's new labor codes described in terms of their impact on regulations after decades of outdated norms?

A) A minor procedural change B) A 'big-bang reform' C) A temporary adjustment D) A consolidation of existing laws

14. What is one of the anticipated positive outcomes of the new labor codes, according to the government?

A) Decreased foreign investments B) Reduced global competitiveness C) A more productive labor force D) Increased complexity for businesses

ALL TN Comp Exams Prep

Indian Economy and Business: Key Reforms, Robust Growth Projections, and Evolving Trade Dynamics

Your Score: 0 / 0

1. What is a primary objective of India's newly operationalized labor codes?

2. A key concern raised by prominent Indian trade unions regarding the new labor codes is related to:

3. According to Moody's projections, what is India's real GDP growth forecast for 2025?

4. Which of the following is identified as a primary driver of India's robust economic growth, according to the text?

5. Which renowned economist highlighted India's economic outperformance post-Covid compared to major global economies like the US, Europe, and China?

6. What was a significant factor contributing to the widening of India's trade deficit in October 2025?

7. With which country did Union Commerce and Industry Minister Piyush Goyal hold high-level meetings to discuss a Free Trade Agreement and enhance cooperation?

8. What is India's ambitious target for non-fossil capacity by the year 2030?

9. Which fintech platform is specifically mentioned for playing a crucial role in making green finance more accessible for SMEs and individuals investing in sustainable solutions?

10. The robust performance of the rural economy, bolstered by good rainfall and agricultural growth, has led mutual fund houses to launch what type of specialized funds?

11. Yuze Digital launched a pilot in India to provide an AI-powered platform primarily for which group?

12. What is the strategic reason behind IndiGo's significant capital investment for aircraft ownership?

13. How are India's new labor codes described in terms of their impact on regulations after decades of outdated norms?

14. What is one of the anticipated positive outcomes of the new labor codes, according to the government?

Indian Economy and Business: Key Reforms, Robust Growth Projections, and Evolving Trade Dynamics

Your Score: 0 / 0

1. What is a primary objective of India's newly operationalized labor codes?

2. A key concern raised by prominent Indian trade unions regarding the new labor codes is related to:

3. According to Moody's projections, what is India's real GDP growth forecast for 2025?

4. Which of the following is identified as a primary driver of India's robust economic growth, according to the text?

5. Which renowned economist highlighted India's economic outperformance post-Covid compared to major global economies like the US, Europe, and China?

6. What was a significant factor contributing to the widening of India's trade deficit in October 2025?

7. With which country did Union Commerce and Industry Minister Piyush Goyal hold high-level meetings to discuss a Free Trade Agreement and enhance cooperation?

8. What is India's ambitious target for non-fossil capacity by the year 2030?

9. Which fintech platform is specifically mentioned for playing a crucial role in making green finance more accessible for SMEs and individuals investing in sustainable solutions?

10. The robust performance of the rural economy, bolstered by good rainfall and agricultural growth, has led mutual fund houses to launch what type of specialized funds?

11. Yuze Digital launched a pilot in India to provide an AI-powered platform primarily for which group?

12. What is the strategic reason behind IndiGo's significant capital investment for aircraft ownership?

13. How are India's new labor codes described in terms of their impact on regulations after decades of outdated norms?

14. What is one of the anticipated positive outcomes of the new labor codes, according to the government?

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