MCQ Test: Indian Economy Sees Rate Cut, Strong Growth Projections, and Major Reforms

What was the primary objective behind the Reserve Bank of India's (RBI) recent 25 basis point reduction in the benchmark repo rate?

A) To curb inflation effectively B) To boost exports and strengthen the rupee C) To foster economic growth by making loans cheaper D) To increase foreign exchange reserves

Besides reducing the repo rate, which two significant liquidity measures were announced by the RBI to inject durable liquidity into the financial system?

A) Increasing Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) B) Open Market Operations (OMO) purchases and a dollar-rupee swap C) Issuing new government bonds and reducing import duties D) Implementing stricter capital controls and limiting foreign investment

RBI Governor Sanjay Malhotra described India's current economic situation as being in a 'Goldilocks zone'. What does this term signify in the given economic context?

A) A period of high inflation and low economic growth B) A phase characterized by low inflation and low economic growth C) A desirable state of high economic growth and low inflation D) An unstable period with fluctuating growth and inflation rates

For Fiscal Year 2026 (FY26), how did the RBI revise India's GDP growth and inflation projections?

A) GDP growth forecast was lowered, and inflation projection was raised B) GDP growth forecast was raised, and inflation projection was lowered C) Both GDP growth and inflation projections were raised D) Both GDP growth and inflation projections were lowered

According to Union Finance Minister Nirmala Sitharaman, which of the following is NOT a contributing factor to India's economic resilience amidst global uncertainties?

A) Easing inflation B) Goods and Services Tax (GST) rate rationalization C) Strong consumer activity D) A significant depreciation of the Indian Rupee

Following previous reforms in GST and income tax, which sector has Finance Minister Nirmala Sitharaman indicated as the next significant area for a comprehensive overhaul to simplify rules and enhance transparency?

A) The banking sector B) Customs C) Agricultural subsidies D) Public sector undertakings

When are the four new Labour Codes, designed to rationalize 29 existing labour laws, scheduled for implementation by the Government of India?

A) January 2025 B) October 2024 C) November 2025 D) March 2026

Which of the following is NOT one of the four key areas covered by the newly implemented Labour Codes?

A) Wages B) Industrial Relations C) Social Security D) Agricultural Credit

One of the key expected benefits of the new Labour Codes is to improve the ease of doing business. What other major transformation are these codes expected to bring?

A) Increasing government control over private industries B) Transitioning the Indian economy beyond colonial-era structures C) Discouraging foreign direct investment in manufacturing D) Centralizing all labor dispute resolutions at the federal level

What notable shift is currently observed in the Indian startup landscape regarding their funding strategies?

A) An increasing reliance on large private funding rounds B) A preference for public listings (IPOs) over large private funding C) A decline in all forms of external investment D) A shift towards government-backed seed funding only

What is identified as a primary driver for Indian startups increasingly opting for public listings (IPOs)?

A) Stricter government regulations on private equity investments B) A lack of available private investors in the market C) Access to growth capital and providing liquidity for shareholders D) Mandates from international financial institutions for public listing

Regarding investment trends in the Indian startup sector, what is observed despite a dip in mega-deals exceeding $100 million?

A) A complete cessation of all investment activities B) A flourishing of smaller and mid-sized investments C) An increase in government grants as the sole funding source D) A shift towards only foreign institutional investments

GK Ocean

Indian Economy Sees Rate Cut, Strong Growth Projections, and Major Reforms

Your Score: 0 / 0

What was the primary objective behind the Reserve Bank of India's (RBI) recent 25 basis point reduction in the benchmark repo rate?

Besides reducing the repo rate, which two significant liquidity measures were announced by the RBI to inject durable liquidity into the financial system?

RBI Governor Sanjay Malhotra described India's current economic situation as being in a 'Goldilocks zone'. What does this term signify in the given economic context?

For Fiscal Year 2026 (FY26), how did the RBI revise India's GDP growth and inflation projections?

According to Union Finance Minister Nirmala Sitharaman, which of the following is NOT a contributing factor to India's economic resilience amidst global uncertainties?

Following previous reforms in GST and income tax, which sector has Finance Minister Nirmala Sitharaman indicated as the next significant area for a comprehensive overhaul to simplify rules and enhance transparency?

When are the four new Labour Codes, designed to rationalize 29 existing labour laws, scheduled for implementation by the Government of India?

Which of the following is NOT one of the four key areas covered by the newly implemented Labour Codes?

One of the key expected benefits of the new Labour Codes is to improve the ease of doing business. What other major transformation are these codes expected to bring?

What notable shift is currently observed in the Indian startup landscape regarding their funding strategies?

What is identified as a primary driver for Indian startups increasingly opting for public listings (IPOs)?

Regarding investment trends in the Indian startup sector, what is observed despite a dip in mega-deals exceeding $100 million?

Indian Economy Sees Rate Cut, Strong Growth Projections, and Major Reforms

Your Score: 0 / 0

What was the primary objective behind the Reserve Bank of India's (RBI) recent 25 basis point reduction in the benchmark repo rate?

Besides reducing the repo rate, which two significant liquidity measures were announced by the RBI to inject durable liquidity into the financial system?

RBI Governor Sanjay Malhotra described India's current economic situation as being in a 'Goldilocks zone'. What does this term signify in the given economic context?

For Fiscal Year 2026 (FY26), how did the RBI revise India's GDP growth and inflation projections?

According to Union Finance Minister Nirmala Sitharaman, which of the following is NOT a contributing factor to India's economic resilience amidst global uncertainties?

Following previous reforms in GST and income tax, which sector has Finance Minister Nirmala Sitharaman indicated as the next significant area for a comprehensive overhaul to simplify rules and enhance transparency?

When are the four new Labour Codes, designed to rationalize 29 existing labour laws, scheduled for implementation by the Government of India?

Which of the following is NOT one of the four key areas covered by the newly implemented Labour Codes?

One of the key expected benefits of the new Labour Codes is to improve the ease of doing business. What other major transformation are these codes expected to bring?

What notable shift is currently observed in the Indian startup landscape regarding their funding strategies?

What is identified as a primary driver for Indian startups increasingly opting for public listings (IPOs)?

Regarding investment trends in the Indian startup sector, what is observed despite a dip in mega-deals exceeding $100 million?

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