MCQ Test: Indian Economy and Business: Markets Rebound, Trade Deficit Widens, and IMF Upgrades Growth Forecast (October 15, 2025)

What factors primarily contributed to the Indian equity market's rebound on October 15, 2025?

A) Global optimism and rising crude oil prices B) Global optimism and declining crude oil prices C) Domestic policy changes and increased foreign investment D) Strong rupee and export growth

Which sectoral index emerged as the top gainer during the Indian equity market rebound mentioned in the text?

A) Nifty PSU Bank B) Nifty Metal C) Nifty Realty D) Nifty IT

What was identified as the primary driver for India's widening merchandise trade deficit in September 2025?

A) A significant drop in exports B) A substantial increase in imports C) Decreased foreign direct investment D) Higher tariffs on Indian goods

Which specific type of imports was a major contributor to the jump in inbound shipments, leading to a wider trade deficit?

A) Petroleum imports B) Gold imports C) Non-petroleum imports D) Capital goods imports

What strategy is India indicating a willingness to adopt to accelerate trade agreements and reduce its trade surplus with the US?

A) Increasing tariffs on US goods B) Reducing imports from the US C) Increasing oil purchases from the US D) Seeking WTO mediation

Who is the Commerce Secretary mentioned in the context of upcoming trade talks with the US?

A) Piyush Goyal B) Sanjay Malhotra C) Rajesh Agrawal D) Nirmala Sitharaman

Which international organization upgraded India's GDP growth forecast for the current year to 6.6%?

A) World Bank B) Asian Development Bank (ADB) C) International Monetary Fund (IMF) D) Organisation for Economic Co-operation and Development (OECD)

What was the IMF's revised GDP growth forecast for India for the current year?

A) 6.4% B) 6.6% C) 6.8% D) 7.8%

Who attributed India's strong economic momentum to the robust 7.8% GDP growth recorded in the first quarter of FY26?

A) RBI Governor Sanjay Malhotra B) Commerce Secretary Rajesh Agrawal C) Commerce and Industry Minister Piyush Goyal D) Finance Minister

What was the primary reason cited for the Indian Rupee's steepest rise in four months on October 15, 2025?

A) Increased foreign direct investment B) Export growth C) Substantial dollar sales by the RBI D) Government policy changes

Which Indian IT services company secured a major 15-year deal worth £1.2 billion from the UK's NHSBSA?

A) TCS B) Tech Mahindra C) Persistent Systems D) Infosys

Which company announced plans to retrain approximately one lakh employees annually to adapt to artificial intelligence (AI) advancements?

A) Infosys B) Tech Mahindra C) TCS D) Persistent Systems

What was the primary reason for Axis Bank's Q2 net profit decline as stated in the corporate news?

A) Increased operational costs B) Lower revenue growth C) Higher provisions advised by the RBI D) Decreased loan demand

Which electric two-wheeler brand, an electric arm of Hero MotoCorp, surpassed Ola Electric to become India's fourth-largest manufacturer in October?

A) Ather Energy B) Revolt Motors C) Vida D) Tork Motors

Which company received approval from the Competition Commission of India (CCI) for its ₹17,000 crore acquisition of Jaiprakash Associates Limited?

A) Tata Motors B) Eternal (Zomato) C) Vedanta D) Bajaj Finserv

Which country filed a complaint against India in the World Trade Organization (WTO) concerning EV and battery subsidies?

A) United States B) China C) European Union D) Japan

Which regulatory body barred eight individuals from capital markets for alleged insider trading in Indian Energy Exchange (IEX) shares?

A) Reserve Bank of India (RBI) B) Ministry of Corporate Affairs (MCA) C) Securities and Exchange Board of India (SEBI) D) Competition Commission of India (CCI)

What trend was observed in India's unemployment rate in September, particularly concerning rural areas?

A) It decreased significantly B) It remained stable C) It inched up with a notable rise in rural areas D) It decreased in rural areas but increased in urban areas

GK Ocean

Indian Economy and Business: Markets Rebound, Trade Deficit Widens, and IMF Upgrades Growth Forecast (October 15, 2025)

Your Score: 0 / 0

What factors primarily contributed to the Indian equity market's rebound on October 15, 2025?

Which sectoral index emerged as the top gainer during the Indian equity market rebound mentioned in the text?

What was identified as the primary driver for India's widening merchandise trade deficit in September 2025?

Which specific type of imports was a major contributor to the jump in inbound shipments, leading to a wider trade deficit?

What strategy is India indicating a willingness to adopt to accelerate trade agreements and reduce its trade surplus with the US?

Who is the Commerce Secretary mentioned in the context of upcoming trade talks with the US?

Which international organization upgraded India's GDP growth forecast for the current year to 6.6%?

What was the IMF's revised GDP growth forecast for India for the current year?

Who attributed India's strong economic momentum to the robust 7.8% GDP growth recorded in the first quarter of FY26?

What was the primary reason cited for the Indian Rupee's steepest rise in four months on October 15, 2025?

Which Indian IT services company secured a major 15-year deal worth £1.2 billion from the UK's NHSBSA?

Which company announced plans to retrain approximately one lakh employees annually to adapt to artificial intelligence (AI) advancements?

What was the primary reason for Axis Bank's Q2 net profit decline as stated in the corporate news?

Which electric two-wheeler brand, an electric arm of Hero MotoCorp, surpassed Ola Electric to become India's fourth-largest manufacturer in October?

Which company received approval from the Competition Commission of India (CCI) for its ₹17,000 crore acquisition of Jaiprakash Associates Limited?

Which country filed a complaint against India in the World Trade Organization (WTO) concerning EV and battery subsidies?

Which regulatory body barred eight individuals from capital markets for alleged insider trading in Indian Energy Exchange (IEX) shares?

What trend was observed in India's unemployment rate in September, particularly concerning rural areas?

Indian Economy and Business: Markets Rebound, Trade Deficit Widens, and IMF Upgrades Growth Forecast (October 15, 2025)

Your Score: 0 / 0

What factors primarily contributed to the Indian equity market's rebound on October 15, 2025?

Which sectoral index emerged as the top gainer during the Indian equity market rebound mentioned in the text?

What was identified as the primary driver for India's widening merchandise trade deficit in September 2025?

Which specific type of imports was a major contributor to the jump in inbound shipments, leading to a wider trade deficit?

What strategy is India indicating a willingness to adopt to accelerate trade agreements and reduce its trade surplus with the US?

Who is the Commerce Secretary mentioned in the context of upcoming trade talks with the US?

Which international organization upgraded India's GDP growth forecast for the current year to 6.6%?

What was the IMF's revised GDP growth forecast for India for the current year?

Who attributed India's strong economic momentum to the robust 7.8% GDP growth recorded in the first quarter of FY26?

What was the primary reason cited for the Indian Rupee's steepest rise in four months on October 15, 2025?

Which Indian IT services company secured a major 15-year deal worth £1.2 billion from the UK's NHSBSA?

Which company announced plans to retrain approximately one lakh employees annually to adapt to artificial intelligence (AI) advancements?

What was the primary reason for Axis Bank's Q2 net profit decline as stated in the corporate news?

Which electric two-wheeler brand, an electric arm of Hero MotoCorp, surpassed Ola Electric to become India's fourth-largest manufacturer in October?

Which company received approval from the Competition Commission of India (CCI) for its ₹17,000 crore acquisition of Jaiprakash Associates Limited?

Which country filed a complaint against India in the World Trade Organization (WTO) concerning EV and battery subsidies?

Which regulatory body barred eight individuals from capital markets for alleged insider trading in Indian Energy Exchange (IEX) shares?

What trend was observed in India's unemployment rate in September, particularly concerning rural areas?

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