MCQ Test: India's Economy Surges with 7.8% GDP Growth Amidst US Tariff Concerns

1. What was India's Gross Domestic Product (GDP) growth rate in the April-June quarter of the fiscal year 2025-26?

A) 9.3% B) 7.8% C) 7.6% D) 3.7%

2. The 7.8% GDP growth in the April-June quarter of FY2025-26 represents the fastest growth rate recorded in how many past quarters?

A) Three quarters B) Four quarters C) Five quarters D) Six quarters

3. Which sector registered the highest growth rate in India's GDP during the April-June quarter of FY2025-26?

A) Manufacturing B) Construction C) Services D) Agriculture

4. Who is the Chief Economic Adviser (CEA) mentioned in the text, who noted the resilience of the Indian economy based on the strong first-quarter numbers?

A) Piyush Goyal B) Sanjay Malhotra C) V. Anantha Nageswaran D) Shaktikanta Das

5. What percentage of tariff did the United States impose on Indian goods, effective August 27, 2025?

A) 25% B) 30% C) 40% D) 50%

6. The US tariffs on Indian goods are reportedly linked to which of the following reasons?

A) India's trade surplus with the US B) India's continued imports of Russian oil C) India's intellectual property rights violations D) India's restrictive e-commerce policies

7. The US tariffs are expected to potentially shave off how many percentage points from India's growth over a year?

A) 0.1 to 0.3 percentage points B) 0.4 to 0.5 percentage points C) 0.6 to 0.8 percentage points D) 0.9 to 1.0 percentage points

8. Which of the following labor-intensive sectors is explicitly mentioned as being disproportionately affected by the US tariffs?

A) Information Technology B) Automotive C) Diamond polishing D) Pharmaceuticals

9. In the week ending August 30, which type of investor showed resilience and cushioned some of the market impact from US tariffs?

A) Foreign Portfolio Investors (FPIs) B) Foreign Direct Investors (FDIs) C) Domestic Institutional Investors (DIIs) D) International Monetary Fund (IMF)

10. Which of the following is NOT a measure being formulated by the Indian government to support exporters in response to US tariffs?

A) Easing Special Economic Zone (SEZ) norms B) Providing liquidity relief C) Imposing retaliatory tariffs on US goods D) Enhancing market access through trade pacts

11. Who is the Reserve Bank of India (RBI) Governor mentioned in the text, who expressed confidence in India's economic future?

A) Shaktikanta Das B) Raghuram Rajan C) Sanjay Malhotra D) Urjit Patel

12. Which financial inclusion scheme was credited by the RBI Governor for bolstering growth and integrating diverse populations into India's economic journey?

A) Make in India B) Skill India Mission C) Pradhan Mantri Jan Dhan Yojana D) Swachh Bharat Abhiyan

13. Japanese and Indian business leaders have agreed to establish a framework for private-sector dialogue focused on enhancing which aspect?

A) Cultural exchange B) Military cooperation C) Economic security D) Space exploration

14. When did the National Stock Exchange (NSE) conduct a mock trading session as part of preparations for a mandatory software upgrade?

A) August 27, 2025 B) August 28, 2025 C) August 30, 2025 D) September 1, 2025

15. What was the status of banking operations across India on August 30, 2025, given that it was a fifth Saturday?

A) Banks were closed nationwide. B) Operations were restricted to online transactions. C) Banking operations proceeded normally. D) Only private banks were open.

ALL TN Comp Exams Prep

India's Economy Surges with 7.8% GDP Growth Amidst US Tariff Concerns

Your Score: 0 / 0

1. What was India's Gross Domestic Product (GDP) growth rate in the April-June quarter of the fiscal year 2025-26?

2. The 7.8% GDP growth in the April-June quarter of FY2025-26 represents the fastest growth rate recorded in how many past quarters?

3. Which sector registered the highest growth rate in India's GDP during the April-June quarter of FY2025-26?

4. Who is the Chief Economic Adviser (CEA) mentioned in the text, who noted the resilience of the Indian economy based on the strong first-quarter numbers?

5. What percentage of tariff did the United States impose on Indian goods, effective August 27, 2025?

6. The US tariffs on Indian goods are reportedly linked to which of the following reasons?

7. The US tariffs are expected to potentially shave off how many percentage points from India's growth over a year?

8. Which of the following labor-intensive sectors is explicitly mentioned as being disproportionately affected by the US tariffs?

9. In the week ending August 30, which type of investor showed resilience and cushioned some of the market impact from US tariffs?

10. Which of the following is NOT a measure being formulated by the Indian government to support exporters in response to US tariffs?

11. Who is the Reserve Bank of India (RBI) Governor mentioned in the text, who expressed confidence in India's economic future?

12. Which financial inclusion scheme was credited by the RBI Governor for bolstering growth and integrating diverse populations into India's economic journey?

13. Japanese and Indian business leaders have agreed to establish a framework for private-sector dialogue focused on enhancing which aspect?

14. When did the National Stock Exchange (NSE) conduct a mock trading session as part of preparations for a mandatory software upgrade?

15. What was the status of banking operations across India on August 30, 2025, given that it was a fifth Saturday?

India's Economy Surges with 7.8% GDP Growth Amidst US Tariff Concerns

Your Score: 0 / 0

1. What was India's Gross Domestic Product (GDP) growth rate in the April-June quarter of the fiscal year 2025-26?

2. The 7.8% GDP growth in the April-June quarter of FY2025-26 represents the fastest growth rate recorded in how many past quarters?

3. Which sector registered the highest growth rate in India's GDP during the April-June quarter of FY2025-26?

4. Who is the Chief Economic Adviser (CEA) mentioned in the text, who noted the resilience of the Indian economy based on the strong first-quarter numbers?

5. What percentage of tariff did the United States impose on Indian goods, effective August 27, 2025?

6. The US tariffs on Indian goods are reportedly linked to which of the following reasons?

7. The US tariffs are expected to potentially shave off how many percentage points from India's growth over a year?

8. Which of the following labor-intensive sectors is explicitly mentioned as being disproportionately affected by the US tariffs?

9. In the week ending August 30, which type of investor showed resilience and cushioned some of the market impact from US tariffs?

10. Which of the following is NOT a measure being formulated by the Indian government to support exporters in response to US tariffs?

11. Who is the Reserve Bank of India (RBI) Governor mentioned in the text, who expressed confidence in India's economic future?

12. Which financial inclusion scheme was credited by the RBI Governor for bolstering growth and integrating diverse populations into India's economic journey?

13. Japanese and Indian business leaders have agreed to establish a framework for private-sector dialogue focused on enhancing which aspect?

14. When did the National Stock Exchange (NSE) conduct a mock trading session as part of preparations for a mandatory software upgrade?

15. What was the status of banking operations across India on August 30, 2025, given that it was a fifth Saturday?

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