MCQ Test: Indian Economy Shows Strong Growth in Q1 FY26; Corporate Investment Remains Key to Sustained Momentum

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

A) 6.3% B) 7.8% C) 8.0% D) 6.4%

2. Which of the following was NOT explicitly mentioned as a primary driver of India's robust GDP growth in Q1 FY26?

A) Buoyant domestic demand B) Robust services sector C) Resilient manufacturing activity D) Significant foreign direct investment

3. By which year does India aim to become the world's third-largest economy?

A) 2028 B) 2029 C) 2030 D) 2035

4. What growth rate does the International Monetary Fund (IMF) project for India in both 2025 and 2026?

A) 6.3% B) 7.8% C) 6.4% D) 7.3%

5. Which international rating agency recently upgraded India's sovereign credit rating to BBB from BBB-, marking the first such upgrade in 18 years?

A) Moody's B) Fitch Ratings C) S&P Global D) Standard Chartered

6. A critical driver of India's recent economic growth has been identified as the government's sustained focus on:

A) Export promotion B) Agricultural subsidies C) Capital expenditure D) Public sector divestment

7. The upcoming 'Next-generation GST reforms' are slated to be implemented in which month and year?

A) September 2025 B) October 2025 C) April 2026 D) March 2026

8. According to former RBI Deputy Governor Michael Patra, what is the 'missing actor' crucial for India's economy to accelerate beyond an 8% growth rate?

A) Government investment B) Foreign institutional investment C) Private sector investment D) Household consumption

9. Which of the following was NOT cited as a factor contributing to concerns about nominal GDP potentially sliding below 8% in FY26?

A) Soft deflators B) US tariffs C) Increased government spending D) Subdued income growth

10. What new milestone did the Unified Payments Interface (UPI) achieve for the first time in August?

A) Processed over 10 billion transactions B) Processed over 20 billion transactions C) Reached 1 trillion rupees in transaction value D) Expanded to 50 new countries

11. The Reserve Bank of India (RBI) recently approved the appointment of Paritosh Kashyap as an Executive Director for which bank?

A) ICICI Bank B) Axis Bank C) Kotak Mahindra Bank D) HDFC Bank

12. Life Insurance Corporation of India (LIC) plans to acquire a stake in which type of firm by March 31?

A) A general insurance firm B) A health insurance firm C) A mutual fund house D) A housing finance company

13. Which international bank is reportedly exploring a complete exit from its retail banking operations in India?

A) Standard Chartered Bank B) HSBC C) Deutsche Bank D) Citibank

ALL TN Comp Exams Prep

Indian Economy Shows Strong Growth in Q1 FY26; Corporate Investment Remains Key to Sustained Momentum

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. Which of the following was NOT explicitly mentioned as a primary driver of India's robust GDP growth in Q1 FY26?

3. By which year does India aim to become the world's third-largest economy?

4. What growth rate does the International Monetary Fund (IMF) project for India in both 2025 and 2026?

5. Which international rating agency recently upgraded India's sovereign credit rating to BBB from BBB-, marking the first such upgrade in 18 years?

6. A critical driver of India's recent economic growth has been identified as the government's sustained focus on:

7. The upcoming 'Next-generation GST reforms' are slated to be implemented in which month and year?

8. According to former RBI Deputy Governor Michael Patra, what is the 'missing actor' crucial for India's economy to accelerate beyond an 8% growth rate?

9. Which of the following was NOT cited as a factor contributing to concerns about nominal GDP potentially sliding below 8% in FY26?

10. What new milestone did the Unified Payments Interface (UPI) achieve for the first time in August?

11. The Reserve Bank of India (RBI) recently approved the appointment of Paritosh Kashyap as an Executive Director for which bank?

12. Life Insurance Corporation of India (LIC) plans to acquire a stake in which type of firm by March 31?

13. Which international bank is reportedly exploring a complete exit from its retail banking operations in India?

Indian Economy Shows Strong Growth in Q1 FY26; Corporate Investment Remains Key to Sustained Momentum

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. Which of the following was NOT explicitly mentioned as a primary driver of India's robust GDP growth in Q1 FY26?

3. By which year does India aim to become the world's third-largest economy?

4. What growth rate does the International Monetary Fund (IMF) project for India in both 2025 and 2026?

5. Which international rating agency recently upgraded India's sovereign credit rating to BBB from BBB-, marking the first such upgrade in 18 years?

6. A critical driver of India's recent economic growth has been identified as the government's sustained focus on:

7. The upcoming 'Next-generation GST reforms' are slated to be implemented in which month and year?

8. According to former RBI Deputy Governor Michael Patra, what is the 'missing actor' crucial for India's economy to accelerate beyond an 8% growth rate?

9. Which of the following was NOT cited as a factor contributing to concerns about nominal GDP potentially sliding below 8% in FY26?

10. What new milestone did the Unified Payments Interface (UPI) achieve for the first time in August?

11. The Reserve Bank of India (RBI) recently approved the appointment of Paritosh Kashyap as an Executive Director for which bank?

12. Life Insurance Corporation of India (LIC) plans to acquire a stake in which type of firm by March 31?

13. Which international bank is reportedly exploring a complete exit from its retail banking operations in India?

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