MCQ Test: India's Economic Momentum Continues with Strong Growth, RBI Policy Changes, and Major Investments

1. What is India's projected GDP growth rate for FY26 according to the Asian Development Bank (ADB) after its recent upward revision?

A) 6.5% B) 7.2% C) 7.3% D) 8.2%

2. Which of the following is NOT cited as a primary driver for India's sustained economic momentum in the provided content?

A) Robust domestic consumption B) Public capital expenditure C) Healthy manufacturing output D) Increasing reliance on imports

3. The Indian government plans to shift the GDP base year from 2011-12 to which fiscal year?

A) 2020-21 B) 2022-23 C) 2023-24 D) 2024-25

4. What is the estimated increase in India's GDP (in USD) expected from the shift in the base year to 2022-23?

A) $30 billion B) $100 billion C) $250 billion D) $400 billion

5. What is the new standardized minimum balance required for urban savings accounts, effective December 10, 2025, as per RBI regulations?

A) ₹1,500 B) ₹3,000 C) ₹12,000 D) ₹30,000

6. To inject long-term rupee liquidity into the banking system, the RBI announced a $5 billion USD/INR buy-sell swap. What other monetary tool did it announce to purchase Government securities?

A) Reverse Repo Operations B) Marginal Standing Facility C) Open Market Operations (OMO) D) Cash Reserve Ratio adjustments

7. RBI Governor Sanjay Malhotra urged banks to accelerate monetary transmission. What was the total reduction in the repo rate since February 2025, mentioned in the text?

A) 25 basis points B) 75 basis points C) 100 basis points D) 125 basis points

8. Which global tech giant has pledged a new investment of over $35 billion in India by 2030, focusing on AI-driven digitization and export growth?

A) Google B) Microsoft C) Amazon D) Apple

9. India and the United States aim to significantly increase bilateral trade to what target by 2030?

A) $100 billion B) $250 billion C) $500 billion D) $1 trillion

10. What is the name of the government initiative launched with an outlay of ₹25,060 crore to further strengthen India's export competitiveness?

A) Make in India B) Atmanirbhar Bharat C) Export Promotion Mission (EPM) D) Production Linked Incentive (PLI) Scheme

11. The 'Your Money, Your Right' initiative, championed by PM Narendra Modi, was launched to help citizens reclaim what type of assets?

A) Land and property B) Unclaimed financial assets C) Gold and jewelry D) Intellectual property rights

12. Which of the following portals is specifically mentioned for reclaiming unclaimed bank deposits under the 'Your Money, Your Right' initiative?

A) Bima Bharosa B) MITRA C) UDGAM D) Sanchay

13. Who is mentioned as the current Governor of the Reserve Bank of India in the provided content?

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

14. The RBI issued seven amendment directions on Responsible Business Conduct and which other account rules, effective April 1, 2026?

A) Premium Savings Account B) Basic Savings Bank Deposit (BSBD) Account C) Corporate Current Account D) Fixed Deposit Account

ALL TN Comp Exams Prep

India's Economic Momentum Continues with Strong Growth, RBI Policy Changes, and Major Investments

Your Score: 0 / 0

1. What is India's projected GDP growth rate for FY26 according to the Asian Development Bank (ADB) after its recent upward revision?

2. Which of the following is NOT cited as a primary driver for India's sustained economic momentum in the provided content?

3. The Indian government plans to shift the GDP base year from 2011-12 to which fiscal year?

4. What is the estimated increase in India's GDP (in USD) expected from the shift in the base year to 2022-23?

5. What is the new standardized minimum balance required for urban savings accounts, effective December 10, 2025, as per RBI regulations?

6. To inject long-term rupee liquidity into the banking system, the RBI announced a $5 billion USD/INR buy-sell swap. What other monetary tool did it announce to purchase Government securities?

7. RBI Governor Sanjay Malhotra urged banks to accelerate monetary transmission. What was the total reduction in the repo rate since February 2025, mentioned in the text?

8. Which global tech giant has pledged a new investment of over $35 billion in India by 2030, focusing on AI-driven digitization and export growth?

9. India and the United States aim to significantly increase bilateral trade to what target by 2030?

10. What is the name of the government initiative launched with an outlay of ₹25,060 crore to further strengthen India's export competitiveness?

11. The 'Your Money, Your Right' initiative, championed by PM Narendra Modi, was launched to help citizens reclaim what type of assets?

12. Which of the following portals is specifically mentioned for reclaiming unclaimed bank deposits under the 'Your Money, Your Right' initiative?

13. Who is mentioned as the current Governor of the Reserve Bank of India in the provided content?

14. The RBI issued seven amendment directions on Responsible Business Conduct and which other account rules, effective April 1, 2026?

India's Economic Momentum Continues with Strong Growth, RBI Policy Changes, and Major Investments

Your Score: 0 / 0

1. What is India's projected GDP growth rate for FY26 according to the Asian Development Bank (ADB) after its recent upward revision?

2. Which of the following is NOT cited as a primary driver for India's sustained economic momentum in the provided content?

3. The Indian government plans to shift the GDP base year from 2011-12 to which fiscal year?

4. What is the estimated increase in India's GDP (in USD) expected from the shift in the base year to 2022-23?

5. What is the new standardized minimum balance required for urban savings accounts, effective December 10, 2025, as per RBI regulations?

6. To inject long-term rupee liquidity into the banking system, the RBI announced a $5 billion USD/INR buy-sell swap. What other monetary tool did it announce to purchase Government securities?

7. RBI Governor Sanjay Malhotra urged banks to accelerate monetary transmission. What was the total reduction in the repo rate since February 2025, mentioned in the text?

8. Which global tech giant has pledged a new investment of over $35 billion in India by 2030, focusing on AI-driven digitization and export growth?

9. India and the United States aim to significantly increase bilateral trade to what target by 2030?

10. What is the name of the government initiative launched with an outlay of ₹25,060 crore to further strengthen India's export competitiveness?

11. The 'Your Money, Your Right' initiative, championed by PM Narendra Modi, was launched to help citizens reclaim what type of assets?

12. Which of the following portals is specifically mentioned for reclaiming unclaimed bank deposits under the 'Your Money, Your Right' initiative?

13. Who is mentioned as the current Governor of the Reserve Bank of India in the provided content?

14. The RBI issued seven amendment directions on Responsible Business Conduct and which other account rules, effective April 1, 2026?

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