MCQ Test: Indian Economy and Business: Market Gains, Tax Collections Up, and Key Policy Developments

What were the primary sectors that drove the positive momentum in Indian equity markets on November 11, 2025, leading to a rebound in Sensex and Nifty?

A) Pharma and Banking stocks B) IT and Auto stocks C) Metal and Energy stocks D) FMCG and Realty stocks

According to Finance Minister Nirmala Sitharaman, what has been a key factor contributing to the growth in Goods and Services Tax (GST) collections?

A) Increase in import duties B) Next-generation GST reforms C) Reduction in tax slabs D) Expansion of export subsidies

Approximately, what was the percentage increase in India's net direct tax collections in the current fiscal year (FY26) so far?

A) 4.6% B) 7% C) 10% D) 12.92%

RBI Deputy Governor Swaminathan J. emphasized the importance of collaboration among regulators to achieve which primary objective?

A) To increase government revenue B) To minimize "harmful overlaps" and address regulatory gaps C) To promote foreign direct investment D) To reduce interest rates for borrowers

To bolster regional financial integration and currency stability, what significant amendment did the Reserve Bank of India (RBI) make to foreign exchange regulations?

A) Permitting foreign banks to operate freely in India B) Allowing rupee-denominated lending to neighboring countries C) Introducing a new digital currency for international trade D) Relaxing rules for foreign portfolio investment

What is the proposed target for India-US bilateral trade by 2030, as discussed in the context of a potential bilateral trade agreement?

A) $191 billion B) $250 billion C) $500 billion D) $1 trillion

Commerce and Industry Minister Piyush Goyal reiterated India's firm stance on protecting the interests of which sectors in any trade deal?

A) IT and Pharmaceuticals B) Farmers, dairy sector, and workers C) Textiles and Gems & Jewelry D) Automotive and Electronics manufacturing

What was India's unemployment rate in the July-September quarter, as reported, showing a decline with a notable rise in rural employment?

A) 3.5% B) 5.2% C) 7.0% D) 9.1%

According to the November 2025 report by Dun & Bradstreet, which of the following was NOT cited as an indicator of India's macroeconomic resilience?

A) Moderating industrial growth B) Disinflationary trends C) Volatile sovereign yields D) Neutral monetary stance

According to the Climate Risk Index (CRI) 2026 report by Germanwatch, what was India's ranking among countries most affected by extreme weather events between 1995 and 2024?

A) Third B) Fifth C) Seventh D) Ninth

The Germanwatch Climate Risk Index (CRI) 2026 report assessed the impact of extreme weather events over what period?

A) 2000-2020 B) 1995-2024 C) 2010-2025 D) 1990-2020

Which corporate entity announced plans to raise Rs 25,000 crore through a rights issue?

A) Tata Motors B) Adani Enterprises C) Groww D) Reliance Industries

Who among the following were recently inducted as new trustees by Tata Trusts?

A) Ratan Tata and Cyrus Mistry B) Neville Tata and Bhaskar Bhat C) N. Chandrasekaran and Natarajan Chandrasekaran D) V. R. Mehta and Amrita Patel

Which two entities were slated for market listing on the bourses on November 12, 2025?

A) Adani Enterprises and Tata Trusts B) Groww and Tata Motors' commercial vehicle arm C) Dun & Bradstreet and Germanwatch D) RBI and Ministry of Finance

What was the approximate percentage increase in Goods and Services Tax (GST) collections in October, as mentioned in the content?

A) 0.47% B) 4.6% C) 7% D) 12.92%

GK Ocean

Indian Economy and Business: Market Gains, Tax Collections Up, and Key Policy Developments

Your Score: 0 / 0

What were the primary sectors that drove the positive momentum in Indian equity markets on November 11, 2025, leading to a rebound in Sensex and Nifty?

According to Finance Minister Nirmala Sitharaman, what has been a key factor contributing to the growth in Goods and Services Tax (GST) collections?

Approximately, what was the percentage increase in India's net direct tax collections in the current fiscal year (FY26) so far?

RBI Deputy Governor Swaminathan J. emphasized the importance of collaboration among regulators to achieve which primary objective?

To bolster regional financial integration and currency stability, what significant amendment did the Reserve Bank of India (RBI) make to foreign exchange regulations?

What is the proposed target for India-US bilateral trade by 2030, as discussed in the context of a potential bilateral trade agreement?

Commerce and Industry Minister Piyush Goyal reiterated India's firm stance on protecting the interests of which sectors in any trade deal?

What was India's unemployment rate in the July-September quarter, as reported, showing a decline with a notable rise in rural employment?

According to the November 2025 report by Dun & Bradstreet, which of the following was NOT cited as an indicator of India's macroeconomic resilience?

According to the Climate Risk Index (CRI) 2026 report by Germanwatch, what was India's ranking among countries most affected by extreme weather events between 1995 and 2024?

The Germanwatch Climate Risk Index (CRI) 2026 report assessed the impact of extreme weather events over what period?

Which corporate entity announced plans to raise Rs 25,000 crore through a rights issue?

Who among the following were recently inducted as new trustees by Tata Trusts?

Which two entities were slated for market listing on the bourses on November 12, 2025?

What was the approximate percentage increase in Goods and Services Tax (GST) collections in October, as mentioned in the content?

Indian Economy and Business: Market Gains, Tax Collections Up, and Key Policy Developments

Your Score: 0 / 0

What were the primary sectors that drove the positive momentum in Indian equity markets on November 11, 2025, leading to a rebound in Sensex and Nifty?

According to Finance Minister Nirmala Sitharaman, what has been a key factor contributing to the growth in Goods and Services Tax (GST) collections?

Approximately, what was the percentage increase in India's net direct tax collections in the current fiscal year (FY26) so far?

RBI Deputy Governor Swaminathan J. emphasized the importance of collaboration among regulators to achieve which primary objective?

To bolster regional financial integration and currency stability, what significant amendment did the Reserve Bank of India (RBI) make to foreign exchange regulations?

What is the proposed target for India-US bilateral trade by 2030, as discussed in the context of a potential bilateral trade agreement?

Commerce and Industry Minister Piyush Goyal reiterated India's firm stance on protecting the interests of which sectors in any trade deal?

What was India's unemployment rate in the July-September quarter, as reported, showing a decline with a notable rise in rural employment?

According to the November 2025 report by Dun & Bradstreet, which of the following was NOT cited as an indicator of India's macroeconomic resilience?

According to the Climate Risk Index (CRI) 2026 report by Germanwatch, what was India's ranking among countries most affected by extreme weather events between 1995 and 2024?

The Germanwatch Climate Risk Index (CRI) 2026 report assessed the impact of extreme weather events over what period?

Which corporate entity announced plans to raise Rs 25,000 crore through a rights issue?

Who among the following were recently inducted as new trustees by Tata Trusts?

Which two entities were slated for market listing on the bourses on November 12, 2025?

What was the approximate percentage increase in Goods and Services Tax (GST) collections in October, as mentioned in the content?

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