Economic Growth & Sustainable Development MCQ — 509 Practice Questions with Answers

Explanation

NNP = GNP – Depreciation (i.e., consumption of fixed capital). NNP at factor cost is commonly known as National Income.

Explanation

Fixed-income instruments where proceeds are exclusively used for green/climate projects. India's sovereign green bonds were first issued in January 2023. RBI/SEBI regulate green bond framework. Proceeds fund renewable energy, clean transport, sustainable water, and climate adaptation projects.

Explanation

The 2030 Agenda for Sustainable Development, adopted by the UN in 2015, contains 17 Sustainable Development Goals (SDGs) with 169 associated targets. NITI Aayog is the nodal agency for SDGs in India.

Explanation

Ind-Ra projected India's GDP growth for Q2 FY26 at 7.2%, driven by strong private consumption growth of 8% and investment demand growth of 7.5%. This compares to 5.6% in Q2 FY25 and 7.8% in Q1 FY26.

Explanation

The RBI MPC kept the repo rate unchanged at 5.25% in February 2026, maintaining a neutral stance. Governor Sanjay Malhotra cited US-EU trade deals as growth-positive while noting external headwinds.