Daily PIB Quiz – 08 Jul 2025

MCQs on Indian Economy and Governance

1. Consider the following statements regarding India’s economy and inflation:

(1) Retail inflation in India has remained below the 6% mark for several consecutive months as of July 2024.

(2) The Indian economy is projected to grow at 7.3% in FY 2023-24 according to the National Statistical Office (NSO) First Advance Estimates.

(3) India’s external debt-to-GDP ratio has significantly increased in the recent past, posing a major risk to economic stability.




2. With reference to Prime Minister Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) scheme, consider the following statements:

(1) The scheme aims to provide collateral-free working capital loans to street vendors to restart their livelihoods.

(2) Only street vendors operating in urban areas are eligible for the benefits under this scheme.

(3) The scheme promotes digital transactions among street vendors by providing incentives.




3. Consider the following statements regarding India’s renewable energy targets and initiatives:

(1) India aims to achieve 500 GW of installed non-fossil fuel electricity capacity by 2030.

(2) The National Green Hydrogen Mission primarily focuses on increasing the export of green hydrogen from India.

(3) The concept of ‘Green Credit’ involves incentivizing environmentally friendly actions and can be traded on a dedicated platform.




4. With respect to the Pradhan Mantri Jan Dhan Yojana (PMJDY), which of the following statements is/are correct?

(1) It aims to provide universal access to banking facilities with at least one basic banking account for every household.

(2) Accounts opened under PMJDY come with an overdraft facility and RuPay Debit Card.

(3) The scheme is managed by the Ministry of Finance.




5. Which of the following statements about Food Inflation in India is correct?




6. Consider the following statements regarding India’s G20 Presidency and its outcomes:

(1) India’s G20 Presidency aimed to focus on inclusive growth, digital public infrastructure, and climate finance.

(2) The New Delhi Leaders’ Declaration adopted during India’s G20 Presidency called for a tripling of global renewable energy capacity by 2030.

(3) The G20 during India’s presidency successfully established a universally agreed framework for global cryptocurrency regulation.




7. With reference to the National Logistics Policy (NLP), consider the following statements:

(1) The primary objective of the NLP is to reduce logistics costs as a percentage of GDP to a global benchmark.

(2) The policy focuses on improving multimodal connectivity and optimizing logistics infrastructure.

(3) NLP aims to create a unified logistics ecosystem through technology integration.




8. Regarding India’s economic performance in FY 2023-24, which of the following statements is correct?




9. Consider the following statements regarding Bharat Mandapam, recently inaugurated in New Delhi:

(1) It is a newly constructed International Exhibition-cum-Convention Centre (IECC).

(2) It was the venue for the G20 Leaders’ Summit in 2023.

(3) The architectural design of Bharat Mandapam incorporates elements inspired by various Indian cultural motifs.




10. With reference to Government e-Marketplace (GeM), consider the following statements:

(1) GeM is an online platform for public procurement of goods and services.

(2) It aims to enhance transparency, efficiency, and speed in public procurement.

(3) Only Central Government ministries and departments are allowed to procure through GeM.




11. Consider the following statements about Ujjwala Yojana:

(1) The scheme aims to provide LPG connections to women from Below Poverty Line (BPL) households.

(2) It is implemented by the Ministry of Petroleum and Natural Gas.

(3) The scheme has significantly reduced indoor air pollution in rural areas.




12. With regard to India’s Foreign Exchange Reserves, which of the following statements is correct?




13. Consider the following statements regarding India’s fiscal position:

(1) The Goods and Services Tax (GST) collection has shown consistent growth, contributing significantly to government revenue.

(2) The Union Government’s fiscal deficit has consistently remained below the target set in recent budgets.

(3) Capital expenditure by the government has been a key focus to boost economic growth and employment.




14. With reference to Operation Dost, which of the following statements is correct?




15. Consider the following statements regarding India’s Digital Public Infrastructure (DPI):

(1) Aadhaar is a unique identity platform that forms a core component of India’s DPI.

(2) Unified Payments Interface (UPI) enables instant real-time payments and is a key part of India’s DPI.

(3) India’s DPI model has been recognized globally for its scalability and inclusivity.




16. Regarding the India International Trade Fair (IITF), consider the following statements:

(1) The IITF is an annual event organized by the India Trade Promotion Organisation (ITPO).

(2) It serves as a platform for businesses to showcase their products and services and explore new markets.

(3) Only Indian companies are allowed to participate in the India International Trade Fair.




17. Consider the following statements regarding Foreign Direct Investment (FDI) in India:

(1) India has consistently been among the top global destinations for FDI inflows.

(2) The ‘Make in India’ initiative has significantly contributed to attracting FDI in manufacturing.

(3) Automatic route for FDI means that prior government approval is not required for investment.




18. With reference to Indian Railways’ freight operations, consider the following statements:

(1) Indian Railways has consistently achieved record freight loading volumes in recent years.

(2) Dedicated Freight Corridors (DFCs) aim to improve the speed and efficiency of freight movement.

(3) The share of freight transportation by railways in India’s total logistics has been steadily increasing and now exceeds that of roadways.




19. Consider the following statements regarding India’s international trade:

(1) India’s merchandise exports have shown continuous growth despite global economic slowdowns.

(2) Services exports have emerged as a significant contributor to India’s overall export earnings.

(3) India primarily imports crude oil, gold, and electronic goods.




20. With respect to Cybersecurity in India, which of the following statements is correct?





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