MCQ Test: Indian Economic and Business Highlights: December 9-10, 2025

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What are India's long-term space strategy goals, as announced by Space Minister Jitendra Singh?

A) Establishing the Bharatiya Antariksh Station by 2040 and achieving a human landing on the Moon by 2035. B) Establishing the Bharatiya Antariksh Station by 2035 and achieving a human landing on Mars by 2040. C) Establishing the Bharatiya Antariksh Station by 2035 and achieving a human landing on the Moon by 2040. D) Achieving a human landing on the Moon by 2035 and establishing a lunar base by 2040.

Correct Answer: C) Establishing the Bharatiya Antariksh Station by 2035 and achieving a human landing on the Moon by 2040.
Full Answer: Ans: c) Establishing the Bharatiya Antariksh Station by 2035 and achieving a human landing on the Moon by 2040.

India's space economy is projected to grow from its current US$8 billion to what value within the next 8-10 years?

A) US$20-25 billion B) US$30-35 billion C) US$40-45 billion D) US$50-55 billion

Correct Answer: C) US$40-45 billion
Full Answer: Ans: c) US$40-45 billion

What is ISRO's target for increasing India's share in the global commercial space market over the next decade?

A) From less than 2% to 4-5% B) From less than 2% to 8-10% C) From 2% to 12-15% D) From 5% to 10-12%

Correct Answer: B) From less than 2% to 8-10%
Full Answer: Ans: b) From less than 2% to 8-10%

Microsoft has committed its largest investment in Asia to India. What is the amount and its primary focus?

A) US$10 billion over three years for renewable energy infrastructure. B) US$17.5 billion over four years for cloud and AI infrastructure, skilling, and operations. C) US$15 billion over five years for manufacturing facilities. D) US$20 billion over two years for rural digital connectivity.

Correct Answer: B) US$17.5 billion over four years for cloud and AI infrastructure, skilling, and operations.
Full Answer: Ans: b) US$17.5 billion over four years for cloud and AI infrastructure, skilling, and operations.

By what year does Microsoft aim to equip 20 million Indians with essential AI skills?

A) 2025 B) 2028 C) 2030 D) 2035

Correct Answer: C) 2030
Full Answer: Ans: c) 2030

India and the US are aiming to increase their bilateral trade to what target by 2030?

A) US$200 billion B) US$350 billion C) US$500 billion D) US$750 billion

Correct Answer: C) US$500 billion
Full Answer: Ans: c) US$500 billion

In the ongoing Free Trade Agreement (FTA) discussions, what are the key items on which the EU is seeking tariff cuts from India?

A) Textiles and agricultural products B) Pharmaceuticals and IT services C) Automobiles and medical devices D) Chemicals and steel products

Correct Answer: C) Automobiles and medical devices
Full Answer: Ans: c) Automobiles and medical devices

India's defence production has shown a significant increase from ₹46,000 crore in 2014-15 to what percentage growth?

A) 74% B) 124% C) 174% D) 200%

Correct Answer: C) 174%
Full Answer: Ans: c) 174%

What was the record value of India's defence exports, as announced by Defence Minister Rajnath Singh?

A) Nearly ₹10,000 crore B) Nearly ₹15,000 crore C) Nearly ₹20,000 crore D) Nearly ₹24,000 crore

Correct Answer: D) Nearly ₹24,000 crore
Full Answer: Ans: d) Nearly ₹24,000 crore

Which Indian institution has incorporated its own AI company, BharatGen Technology Foundation, to build India's first sovereign large language model?

A) Indian Institute of Science (IISc) Bangalore B) Indian Institute of Technology (IIT) Delhi C) Indian Institute of Technology (IIT) Bombay D) Jawaharlal Nehru University (JNU)

Correct Answer: C) Indian Institute of Technology (IIT) Bombay
Full Answer: Ans: c) Indian Institute of Technology (IIT) Bombay

The government ordered IndiGo to curtail its planned flights due to issues related to new FDTL rules. What does FDTL stand for?

A) Flight Duty Time Limitations B) Fuel Dispatch and Take-off Logistics C) Flight Data Transmission and Logging D) Fleet Deployment and Traffic Load

Correct Answer: A) Flight Duty Time Limitations
Full Answer: Ans: a) Flight Duty Time Limitations

Under which acts were 5,371 licenses of fertilizer firms cancelled for malpractices like black marketing and hoarding?

A) Consumer Protection Act and Competition Act B) Essential Commodities Act and Fertiliser Control Order C) Agricultural Produce Market Committee Act and Food Safety and Standards Act D) Prevention of Blackmarketing Act and Price Control Order

Correct Answer: B) Essential Commodities Act and Fertiliser Control Order
Full Answer: Ans: b) Essential Commodities Act and Fertiliser Control Order

The Asian Development Bank (ADB) has projected India's GDP to grow by what percentage for both fiscal years 2025 and 2026?

A) 5.8% B) 6.0% C) 6.5% D) 7.0%

Correct Answer: C) 6.5%
Full Answer: Ans: c) 6.5%

Indian Economic and Business Highlights: December 9-10, 2025