Group Discussion — MCQ Practice Questions & Answers

Question 1

India's GFCI (Global Financial Centres Index) ranking in 2024 improved to which position?

Accepted Answer

Correct answer: C. 46th — # India's GFCI Ranking 2024 The Global Financial Centres Index (GFCI) is a quarterly ranking that measures the competitiveness of financial centres worldwide based on factors like financial stability, business environment, and infrastructure. **Step 1: Understanding GFCI Rankings** The GFCI ranking evaluates over 100 financial centres globally. India's position in this index reflects the strength of its financial sector, regulatory framework, and economic growth trajectory in the global financial landscape. **Step 2: India's 2024 GFCI Performance** According to the Global Financial Centres Index released in 2024, India improved its ranking to the 46th position. This represents a notable improvement in India's standing as a global financial centre, driven by factors such as robust economic growth, digital financial innovation, regulatory reforms, and increased market integration. **The correct answer is (C) 46th** — India secured the 46th position in the 2024 GFCI ranking, marking an improvement in its global financial centre competitiveness.

Answer

A. 12th

Answer

B. 15th

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D. 22nd

Question 2

The National Apprenticeship Promotion Scheme 2024-25 aims to increase apprenticeships by what percentage?

Accepted Answer

Correct answer: B. 50% — The scheme targets a 75% increase in apprenticeships through enhanced stipends and training opportunities.

Answer

A. 25%

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C. 75%

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D. 100%

Question 3

India's ranking in the World Economic Forum's Global Gender Gap Report 2024 was:

Accepted Answer

Correct answer: B. 115th — India ranked 115th in the 2024 Global Gender Gap Report, showing incremental progress in gender equality metrics.

Answer

A. 95th

Answer

C. 125th

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D. 135th

Question 4

The INDCs (Intended Nationally Determined Contributions) updated by India in 2024 focuses on reducing emissions by what percentage by 2030?

Accepted Answer

Correct answer: B. 45% — India's updated NDCs target 45% emission reduction intensity by 2030 from 2005 levels.

Answer

A. 35%

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C. 55%

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D. 65%

Question 5

India's digital transaction value in 2024 was estimated at approximately how many trillion dollars?

Accepted Answer

Correct answer: B. 3.6 trillion — India’s digital transaction value in 2024 is generally estimated at around 3–4 trillion (USD).

Answer

A. 3-4 trillion

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C. 7-8 trillion

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D. 9-10 trillion

Question 6

India's FDI (Foreign Direct Investment) inflow in 2024 was highest from which country?

Accepted Answer

Correct answer: A. Singapore — Singapore remained the largest source of FDI into India in 2024, accounting for significant portion of inflows.

Answer

B. USA

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C. Mauritius

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D. Japan

Question 7

India's 'National AI Strategy' 2024 aims to position the country in which sector globally?

Accepted Answer

Correct answer: D. All of the above — India's National AI Strategy 2024 encompasses AI manufacturing, governance leadership, and research development to make India a global AI powerhouse.

Answer

A. AI manufacturing hub

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B. Global AI Governance leader

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C. AI research and development center

Question 8

What is the significance of the 'India-Middle East-Europe Economic Corridor' (IMEEC) announced in 2024?

Accepted Answer

Correct answer: B. To establish trade, energy, and digital connectivity — IMEEC aims to create trade, energy, digital, and transportation connectivity between India, Middle East, and Europe, enhancing economic integration.

Answer

A. To boost tourism between regions

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C. To increase military cooperation

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D. To promote cultural exchange programs

Group Discussion - MCQ Practice Questions