In 2024, India's inflation rate (CPI) remained within which RBI target band for most of the year?
A2-4%
B3-5%
C4-6%
D2-6%
Correct Answer:
C. 4-6%
Explanation:
The RBI's inflation target is 4% with a tolerance band of ±2%, making the range 2-6%. However, most of 2024 saw CPI inflation in the 4-6% range due to food price pressures.
What was India's merchandise export value growth rate in 2024 compared to 2023?
A5-6%
B-2 to -1% (negative growth)
C8-10%
D3-4%
Correct Answer:
B. -2 to -1% (negative growth)
Explanation:
India's merchandise exports faced headwinds in 2024 with slight contraction compared to 2023, primarily due to global economic slowdown and reduced demand for textiles and pharmaceuticals.
Which new port project was inaugurated by India in partnership with Japan in early 2025?
ADhamra Port Extension
BVadhavan Port (Maharashtra)
CParadip Port Expansion
DGwadar Port Alternative
Correct Answer:
B. Vadhavan Port (Maharashtra)
Explanation:
India initiated the Vadhavan Port project in Maharashtra with Japanese technological and financial partnership, aimed at enhancing India's cargo handling capacity.
In 2025, India signed a strategic defense agreement with which country regarding AI and cyber capabilities?
AFrance
BUnited States
CJapan
DAustralia
Correct Answer:
B. United States
Explanation:
India and the United States signed a comprehensive defense partnership agreement in 2025 focused on artificial intelligence, cyber warfare, and next-generation military technologies.
Which Indian state launched the 'Mission Antyodaya' in 2025 targeting complete poverty elimination by 2027?
AUttar Pradesh
BMadhya Pradesh
CRajasthan
DBihar
Correct Answer:
B. Madhya Pradesh
Explanation:
Madhya Pradesh launched 'Mission Antyodaya' in 2025, a comprehensive program aimed at eliminating extreme poverty through employment, skill development, and social security.