According to the RBI’s October 2026 policy statement, what was India’s real GDP growth in the first quarter (April to June) of 2026-27?
Correct answer B. 7.8%
Topic / 274 questions
India Current Affairs MCQs
Page 8 of India Current Affairs multiple-choice questions with answers. Tap an option to check yourself.
Page 8 of 14
By how many basis points did the RBI cut the repo rate at its policy review on 6 June 2025?
Correct answer B. 50
To what level did the RBI reduce the Cash Reserve Ratio (CRR) in its June 2025 policy?
Correct answer C. 3%
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In June 2025, the RBI changed its monetary policy stance from accommodative to which stance?
Correct answer C. Neutral
At what level was the RBI repo rate after the 25 basis point cut announced in December 2025?
Correct answer D. 5.25%
Which year did MoSPI adopt as the new base year for India’s national accounts (GDP) series released on 27 February 2026?
Correct answer B. 2022-23
Which year serves as the base year of the new Consumer Price Index (CPI) series released by MoSPI in February 2026?
Correct answer D. 2024
How many items are included in the basket of India’s new CPI series (base 2024) released in February 2026?
Correct answer B. 358
From which date did India’s ‘GST 2.0’ two-slab rate structure of 5% and 18% largely take effect?
Correct answer D. 22 September 2025
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Under the GST rate rationalisation of September 2025, what special rate applies to a narrow list of sin and luxury goods?
Correct answer B. 40%
How many UPI transactions were processed in August 2026, the platform’s highest monthly volume up to that point?
Correct answer A. 24.51 billion
The India-Oman CEPA signed in December 2025 is India’s second such agreement with a Gulf Cooperation Council state. Which was the first?
Correct answer D. United Arab Emirates
On which date did India and New Zealand sign their Free Trade Agreement in New Delhi?
Correct answer D. 27 April 2026
From which date did the India-EFTA Trade and Economic Partnership Agreement enter into force?
Correct answer B. 1 October 2025
Which of these countries is NOT a party to the India-EFTA TEPA that entered into force in October 2025?
Correct answer B. Austria
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Under the India-EFTA TEPA in force from October 2025, EFTA states aim to raise investment into India by how much over 15 years?
Correct answer A. USD 100 billion
Under the framework for an India-US interim trade agreement announced in February 2026, US reciprocal tariffs on Indian goods were to be reduced to what rate?
Correct answer C. 18%
Which city hosted the 23rd India-Russia Annual Summit on 4 and 5 December 2025?
Correct answer C. New Delhi
At the India-Russia summit of December 2025, the two countries set a bilateral trade target of USD 100 billion by which year?
Correct answer B. 2030
During Prime Minister Modi’s visit to Japan in August 2025, the two sides set a target of how much Japanese investment in India over the next ten years?
Correct answer B. 10 trillion yen