1. During the recently announced union budget, the government has decided to provide the benefit of tax holiday for a certain period for NRI wanting to invest in India in manufacturing sector, the period of the tax exemption period will be:-
a) 3 years
b) 5 years
c) 7 years
d) 10years
2. During the union budget 2026-27, the government has
proposed to build a corridor in mining sector to boost the Indian technological
advancement in the field of emerging technologies like quantum computing, solar
power, e-vehicle, AI etc.
a) Critical mineral corridor
b) Copper mineral corridor
c) IT hub corridor
d) Science hub corridor
3. GIFT city often come in newspaper during economical news
and debate, the city is :-
a) International Financial Service Center
b) A special economic Zone (SEZ)
c) An International Arbitration Center
d) A manufacturing hub being developed by Gujarat
Government.
4. BRENT index often come in news since the wake of Israel-Iran
conflict, brent index is associated with:-
a) It is an index of navigation of ships across the globe
through maritime borders of countries.
b) It is associated with the international benchmarks of
oil price at global level
c) It is associated with stock market and initial public
offers (IPO) of companies
d) It is associated with the performance of an economy in
terms of international investment (FDI and FII)
5. Consider the following in terms of Israel Iran
conflict:-
a) Indian growth rate will be adversely impacted due to
higher burden on oil and gas imports
b) India’s Current account deficit will further enlarged.
c) India’s has to diversity its energy basket for fulfilling
its demand and shift towards renewable energy will be filliped.
d) All of the above
6. India and UK has signed a trade agreement in the
recent past wherein CETA often come in news, the CETA stands for :-
a) Comprehensive energy transmission agreement
b) Comprehensive economic and trade agreement
c) Comprehensive energy transition agreement.
d) Comprehensive economic transformation agreement
7. Under Section 301 of trade act 1974, which country has
launched an investigation on India trade policies and practice: -
a) United states
b) United-kingdom
c) Canada
d) Peoples’ republic of China
8. India’s foreign exchange reserve consists of: -
a) Foreign currency assets
b) Special drawing rights with IMF
c) Gold reserve
d) All of the above.
9. The Natanz uranium
enrichment facility was recently in news, it is located in:-
a) Israel
b) Iran
c) Russia
d) Ukraine
10. International facilitation for development (IFD)
agreement is associated with:-
a) World bank
b) International Monetary Fund ( IMF )
c) Association of South East Asian nations (ASEAN)
d) World trade organization (WTO)
