Current Affairs August 2026 – Economy (25 MCQs)

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Current Affairs August 2026 – Economy (25 MCQs) – 25 வினாக்கள், பாடம்: நடப்பு நிகழ்வுகள். ஒவ்வொரு வினாவுக்கும் சரியான விடையும் ஒரு வரி விளக்கமும் உண்டு; "Show Answer" அழுத்திப் பாருங்கள். TNPSC குரூப் 1, 2, 2A, 4, SI, TET தேர்வுகளுக்கான இலவசப் பயிற்சி – சண்முகம் ஐ.ஏ.எஸ். அகாடமி, கோயம்புத்தூர்.

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1.  

India's real GDP growth in Q1 (April–June) 2026-27?

Correct Answer: B [7.8%]

விளக்கம்:

Real GDP 7.8%; GVA 8.2%; nominal GDP 10.3%; 6.7% is RBI's full-year projection.

2.  

Nominal GDP growth in Q1 2026-27?

Correct Answer: C [10.3%]

விளக்கம்:

Nominal GDP 10.3%; nominal GVA 11.5%.

3.  

What is the base year of the new GDP series released in 2026?

Correct Answer: A [2022-23]

விளக்கம்:

The new series (from 27.02.2026) uses 2022-23; CPI uses 2024.

4.  

What was real GVA growth in Q1 (April–June) 2026-27?

Correct Answer: D [8.2%]

விளக்கம்:

8.2%; real GDP 7.8%, nominal GDP 10.3%, nominal GVA 11.5%.

5.  

Repo rate after the RBI MPC meeting of August 2026?

Correct Answer: C [5.25%]

விளக்கம்:

Repo unchanged at 5.25%; neutral stance; unanimous.

6.  

RBI's 2026-27 real GDP growth projection in August 2026?

Correct Answer: C [6.7%]

விளக்கம்:

Raised by 10 basis points to 6.7%.

7.  

How did RBI's 2026-27 CPI inflation projection change in August 2026?

Correct Answer: D [Lowered from 5.1% to 5.0%]

விளக்கம்:

Cut to 5.0%; the recent rise was mainly due to food and fuel prices.

8.  

As per the RBI Governor, which type of currency notes are expected early next financial year?

Correct Answer: B [Polymer notes]

விளக்கம்:

Polymer notes are more durable; security features will be announced later.

9.  

The RBI Monetary Policy Committee is constituted under which provision?

Correct Answer: B [RBI Act 1934, Section 45ZB]

விளக்கம்:

Section 45ZB; six members; inflation target 4% ±2%.

10.  

India's forex reserves in August 2026 were about?

Correct Answer: C [USD 693 billion]

விளக்கம்:

About USD 693 billion, covering over 10 months of imports.

11.  

All-India CPI inflation for July 2026 (provisional)?

Correct Answer: D [4.45%]

விளக்கம்:

July 4.45%; June 4.38%; food 5.52%; urban 3.96%.

12.  

Consumer Food Price Index (CFPI) inflation for July 2026?

Correct Answer: B [5.52%]

விளக்கம்:

CFPI 5.52% (June 5.32%); housing 2.22%.

13.  

What was rural CPI inflation in July 2026?

Correct Answer: B [4.84%]

விளக்கம்:

4.84%; all-India 4.45%, urban 3.96%, food (CFPI) 5.52%.

14.  

Which bioenergy scheme was approved in August 2026 with ₹23,731 crore?

Correct Answer: C [GOBARdhan – National Circular Bioenergy Scheme]

விளக்கம்:

GOBARdhan runs 2026-27 to 2035-36, aiming at about a tenfold rise in CBG output.

15.  

The administered CBG price under GOBARdhan is?

Correct Answer: B [₹2,110 per MMBTU]

விளக்கம்:

₹2,110 per MMBTU, with at least a ten-year horizon.

16.  

Under GOBARdhan, the CBG obligation in CNG and PNG from 2028-29 is?

Correct Answer: D [5%]

விளக்கம்:

3% in 2026-27, 4% in 2027-28, 5% from 2028-29.

17.  

Which ministry administers the GOBARdhan National Circular Bioenergy Scheme?

Correct Answer: B [Petroleum and Natural Gas]

விளக்கம்:

The Ministry of Petroleum and Natural Gas runs the integrated CBG platform.

18.  

On which date was the PM Jan Dhan Yojana launched?

Correct Answer: D [28 August 2014]

விளக்கம்:

Announced on 15.08.2014; launched on 28.08.2014.

19.  

How many PMJDY accounts were there as of 19 August 2026?

Correct Answer: D [59.09 crore]

விளக்கம்:

32.92 crore are women; 14.72 crore in 2015.

20.  

In which two UTs was CBDC-based DBT under PMGKAY launched on 14 August 2026?

Correct Answer: C [Chandigarh, Dadra & Nagar Haveli]

விளக்கம்:

Chandigarh and Dadra & Nagar Haveli; Chandigarh is the first UT with a full-fledged roll-out. The subsidy can be used only to buy foodgrains (purpose-bound).

21.  

Under the MSME Development (Amendment) Act, 2026, every Central Public Sector Enterprise must settle MSME invoices through which platform?

Correct Answer: B [TReDS]

விளக்கம்:

Every CPSE must settle all MSME procurement invoices on TReDS, an RBI-regulated invoice-discounting platform.

22.  

Under the MSME amendment of 2026, mediation in a delayed-payment dispute must be completed within?

Correct Answer: C [90 days]

விளக்கம்:

Mediation within 90 days; reference to arbitration within 30 days; award within 90 days of pleadings.

23.  

Under Section 15 of the MSMED Act, 2006, the maximum period within which a buyer must pay a micro or small supplier is?

Correct Answer: B [45 days]

விளக்கம்:

Section 15 of the MSMED Act, 2006 caps the payment period at 45 days; Section 16 adds compound interest at three times the bank rate.

24.  

The Taxation and Other Laws (Amendment) Act, 2026 replaced which Ordinance?

Correct Answer: B [Income-tax (Amendment) Ordinance, 2026]

விளக்கம்:

It repealed and replaced the Income-tax (Amendment) Ordinance, 2026 of 5 June 2026.

25.  

The 2026 tax amendment exempts income from government securities earned by FIIs and which international body?

Correct Answer: C [Bank for International Settlements]

விளக்கம்:

FIIs and the Bank for International Settlements are exempt on interest and capital gains from government securities.

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