MCQ Test: August 25, 2025 - Current affairs for all the Exams: Indian Economy Shows Robust Growth Amidst Geopolitical Headwinds and Major Policy Shifts

1. What was the growth rate of the Index of Eight Core Industries (ICI) in July 2025 compared to the same period last year?

A) 1.5% B) 2.0% C) 2.5% D) 3.0%

2. Which two sectors primarily drove the robust double-digit growth in the Index of Eight Core Industries (ICI) in July 2025?

A) Crude Oil and Natural Gas B) Coal and Electricity C) Steel and Cement D) Refinery Products and Fertilizers

3. What percentage of India's e-commerce transactions are now accounted for by Tier II and III cities?

A) Over 40% B) Over 50% C) Over 60% D) Over 70%

4. India is positioned as the fastest-growing quick commerce market globally, with an annual growth rate of approximately:

A) 30-40% B) 50-60% C) 70-80% D) 90-100%

5. According to Prime Minister Narendra Modi, by which year is India on track to become a developed nation?

A) 2030 B) 2035 C) 2047 D) 2050

6. The Indian government is considering simplifying the current four-tier GST structure into how many main tiers?

A) One B) Two C) Three D) Five

7. Under the proposed GST reforms, what are the two main tax rates for most goods?

A) 2% and 12% B) 5% and 18% C) 8% and 22% D) 10% and 28%

8. The US has threatened to double import duties on India due to India's continued purchase of oil from which country?

A) Iran B) Venezuela C) Russia D) Saudi Arabia

9. India's envoy to Russia stated that India will continue to buy oil from 'wherever it gets the best deal' to ensure:

A) Trade surplus B) Diplomatic ties C) Energy security D) Economic diversification

10. Economists estimate that without a trade deal, the threatened US tariffs could drag India's GDP growth below what percentage this fiscal year?

A) 5% B) 5.5% C) 6% D) 6.5%

11. The prospect of the proposed GST cuts has had what immediate effect on India's bond market?

A) Led to a bond rally B) Caused bond yields to fall C) Resulted in a collapse of the bond rally and higher yields D) Had no significant impact

12. By what percentage did India's outbound investments increase in FY2024-25 compared to the previous fiscal year?

A) 24.8% B) 41.6% C) 67.7% D) 15%

13. Which of the following is NOT mentioned as a factor contributing to the surge in India's outbound investments?

A) Environmental, Social, and Governance (ESG) considerations B) Growth of GIFT City C) Global tax reforms D) Increased domestic consumption

14. India and Japan are finalizing a new bilateral framework primarily to strengthen collaboration in which area?

A) Cultural exchange B) Military technology C) Economic security D) Tourism promotion

15. What specific initiative is being prepared to foster ties between Japanese and Indian startups and tech firms in the AI space?

A) AI Research Grant B) AI Cooperation Initiative C) Global AI Summit D) Bilateral AI Fund

16. What significant milestone has the Nifty index recently decisively broken above?

A) 20,000 mark B) 22,000 mark C) 25,000 mark D) 30,000 mark

17. Which two companies are set to join the Nifty index according to recent corporate news?

A) Foseco India and Morganite Crucible India B) PNB Housing Finance and IndiGo C) IndiGo and Max Healthcare D) Max Healthcare and PNB Housing Finance

ALL TN Comp Exams Prep

August 25, 2025 - Current affairs for all the Exams: Indian Economy Shows Robust Growth Amidst Geopolitical Headwinds and Major Policy Shifts

Your Score: 0 / 0

1. What was the growth rate of the Index of Eight Core Industries (ICI) in July 2025 compared to the same period last year?

2. Which two sectors primarily drove the robust double-digit growth in the Index of Eight Core Industries (ICI) in July 2025?

3. What percentage of India's e-commerce transactions are now accounted for by Tier II and III cities?

4. India is positioned as the fastest-growing quick commerce market globally, with an annual growth rate of approximately:

5. According to Prime Minister Narendra Modi, by which year is India on track to become a developed nation?

6. The Indian government is considering simplifying the current four-tier GST structure into how many main tiers?

7. Under the proposed GST reforms, what are the two main tax rates for most goods?

8. The US has threatened to double import duties on India due to India's continued purchase of oil from which country?

9. India's envoy to Russia stated that India will continue to buy oil from 'wherever it gets the best deal' to ensure:

10. Economists estimate that without a trade deal, the threatened US tariffs could drag India's GDP growth below what percentage this fiscal year?

11. The prospect of the proposed GST cuts has had what immediate effect on India's bond market?

12. By what percentage did India's outbound investments increase in FY2024-25 compared to the previous fiscal year?

13. Which of the following is NOT mentioned as a factor contributing to the surge in India's outbound investments?

14. India and Japan are finalizing a new bilateral framework primarily to strengthen collaboration in which area?

15. What specific initiative is being prepared to foster ties between Japanese and Indian startups and tech firms in the AI space?

16. What significant milestone has the Nifty index recently decisively broken above?

17. Which two companies are set to join the Nifty index according to recent corporate news?

August 25, 2025 - Current affairs for all the Exams: Indian Economy Shows Robust Growth Amidst Geopolitical Headwinds and Major Policy Shifts

Your Score: 0 / 0

1. What was the growth rate of the Index of Eight Core Industries (ICI) in July 2025 compared to the same period last year?

2. Which two sectors primarily drove the robust double-digit growth in the Index of Eight Core Industries (ICI) in July 2025?

3. What percentage of India's e-commerce transactions are now accounted for by Tier II and III cities?

4. India is positioned as the fastest-growing quick commerce market globally, with an annual growth rate of approximately:

5. According to Prime Minister Narendra Modi, by which year is India on track to become a developed nation?

6. The Indian government is considering simplifying the current four-tier GST structure into how many main tiers?

7. Under the proposed GST reforms, what are the two main tax rates for most goods?

8. The US has threatened to double import duties on India due to India's continued purchase of oil from which country?

9. India's envoy to Russia stated that India will continue to buy oil from 'wherever it gets the best deal' to ensure:

10. Economists estimate that without a trade deal, the threatened US tariffs could drag India's GDP growth below what percentage this fiscal year?

11. The prospect of the proposed GST cuts has had what immediate effect on India's bond market?

12. By what percentage did India's outbound investments increase in FY2024-25 compared to the previous fiscal year?

13. Which of the following is NOT mentioned as a factor contributing to the surge in India's outbound investments?

14. India and Japan are finalizing a new bilateral framework primarily to strengthen collaboration in which area?

15. What specific initiative is being prepared to foster ties between Japanese and Indian startups and tech firms in the AI space?

16. What significant milestone has the Nifty index recently decisively broken above?

17. Which two companies are set to join the Nifty index according to recent corporate news?

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