Current Affairs MCQs (1–40) – Practice Test

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Competitive Exam Preparation

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MCQs

Q1. The India–Middle East–Europe Economic Corridor (IMEC) aims to connect:
A) India–Africa
B) India–Europe via Middle East
C) India–USA
D) India–Australia

Q2. Inflation in India is primarily measured using:
A) GDP Deflator
B) Consumer Price Index (CPI)
C) Wholesale Price Index (WPI)
D) IIP

Q3. Monetary policy in India is formulated by:
A) Ministry of Finance
B) RBI
C) SEBI
D) NITI Aayog

Q4. Chandrayaan-3 is related to:
A) Mars
B) Moon
C) Sun
D) Ocean

Q5. Gaganyaan mission aims to:
A) Satellites
B) Human spaceflight
C) Climate study
D) Drones

Q6. Data Protection Act deals with:
A) Banking
B) Personal data
C) Agriculture
D) Trade

Q7. COP meetings relate to:
A) Trade
B) Climate change
C) Health
D) Defence

Q8. ISRO stands for:
A) Indian Space Research Organisation
B) International Space Research Organisation
C) Indian Science Office
D) None

Q9. GDP measures:
A) Population
B) Economic output
C) Inflation
D) Trade

Q10. WTO deals with:
A) Health
B) Trade
C) Education
D) Defence

Q11. Green Hydrogen Mission is related to:
A) Energy
B) Health
C) Transport
D) Education

Q12. Blue Economy refers to:
A) Space
B) Ocean economy
C) Digital
D) Agriculture

Q13. Fiscal deficit is:
A) Revenue gap
B) Expenditure minus receipts
C) Imports gap
D) GDP gap

Q14. IMF deals with:
A) Trade
B) Financial stability
C) Health
D) Agriculture

Q15. LiFE Mission promotes:
A) Industry
B) Sustainable lifestyle
C) Defence
D) Digital

Q16. Repo rate is:
A) RBI lending rate to banks
B) Bank lending rate
C) Tax
D) Inflation

Q17. Stock market regulator:
A) RBI
B) SEBI
C) NABARD
D) IRDAI

Q18. Make in India focuses on:
A) Imports
B) Manufacturing
C) Taxes
D) Education

Q19. Paris Agreement is about:
A) Trade
B) Climate change
C) Health
D) Defence

Q20. Solar energy mission:
A) National Solar Mission
B) Gaganyaan
C) Chandrayaan
D) Sagarmala

Q21. Sagarmala focuses on:
A) Rail
B) Ports
C) Air
D) Agriculture

Q22. Bharatmala focuses on:
A) Roads
B) Water
C) Space
D) Education

Q23. NITI Aayog replaced:
A) Planning Commission
B) Finance Commission
C) RBI
D) SEBI

Q24. SEBI regulates:
A) Banking
B) Capital markets
C) Agriculture
D) Trade

Q25. IIP measures:
A) Inflation
B) Industry output
C) GDP
D) Trade

Q26. Ayushman Bharat relates to:
A) Health insurance
B) Trade
C) Agriculture
D) Education

Q27. Startup India promotes:
A) Farming
B) Entrepreneurship
C) Defence
D) Banking

Q28. Monetary policy committee:
A) MPC
B) NITI
C) SEBI
D) IMF

Q29. Fiscal policy deals with:
A) RBI
B) Govt spending & taxes
C) Market
D) Trade

Q30. India is part of:
A) G20
B) NATO
C) EU
D) ASEAN

Q31. River cleaning mission:
A) Namami Gange
B) UDAN
C) Digital India
D) Startup India

Q32. UDAN relates to:
A) Railways
B) Aviation
C) Health
D) Agriculture

Q33. Digital India focuses on:
A) Farming
B) Digital infra
C) Defence
D) Trade

Q34. WHO deals with:
A) Trade
B) Health
C) Defence
D) Finance

Q35. Carbon neutrality means:
A) Zero pollution
B) Net zero emissions
C) Industry
D) Trade

Q36. PM-KISAN is for:
A) Farmers
B) Industry
C) Trade
D) Health

Q37. RBI HQ:
A) Delhi
B) Mumbai
C) Chennai
D) Kolkata

Q38. Clean India mission:
A) Swachh Bharat
B) Digital India
C) Make in India
D) Startup India

Q39. Current account deficit relates to:
A) Trade imbalance
B) Inflation
C) GDP
D) Jobs

Q40. G20 2023 host:
A) USA
B) India
C) UK
D) Japan

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Answers

1-B, 2-B, 3-B, 4-B, 5-B, 6-B, 7-B, 8-A, 9-B, 10-B,
11-A, 12-B, 13-B, 14-B, 15-B, 16-A, 17-B, 18-B, 19-B, 20-A,
21-B, 22-A, 23-A, 24-B, 25-B, 26-A, 27-B, 28-A, 29-B, 30-A,
31-A, 32-B, 33-B, 34-B, 35-B, 36-A, 37-B, 38-A, 39-A, 40-B

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