Quiz: UP PCS Prelims Mock Tests – March 2026 | Test 1

Category: March 2026

Attend Quiz

Question 19 of 30

UP PCS Prelims Mock Tests – March 2026 | Test 1
63%

With reference to the Repo Rate, consider the following statements:

1. It is the rate at which the Reserve Bank of India lends money to commercial banks.
2. An increase in repo rate generally reduces liquidity in the economy.
3. Repo rate is decided by the Ministry of Finance.

Which of the statements given above is/are correct?

You can attempt the question by selecting an option, or click "Show Answer" to see the correct answer directly.
Tags: Economy
03 Mar 2026

This MCQ is part of the UP PCS Prelims Mock Tests – March 2026 series, focusing on UP PCS Prelims Mock Tests – March 2026 | Test 1

Previous Next

Related MCQs

With reference to the Quit India Movement, consider the following statements:

1. It was launched in response to the failure of the Cripps Mission.
2. It demanded immediate British withdrawal from India.
3. The movement was characterized by absence of mass participation.

Which of the statements given above is/are correct?

View Question →
With reference to the Parliamentary Committees in India, consider the following statements:

1. The Public Accounts Committee examines the report of the Comptroller and Auditor General (CAG).
2. The Estimates Committee consists only of members from the Lok Sabha.
3. The Chairman of the Public Accounts Committee is appointed from the ruling party.

Which of the statements given above is/are correct?

View Question →
With reference to the Buddhist Councils, consider the following statements:

1. The First Buddhist Council was held at Rajagriha under the patronage of Ajatashatru.
2. The Second Buddhist Council was convened at Vaishali primarily to settle disputes regarding monastic discipline.
3. The Third Buddhist Council was held at Pataliputra under the patronage of Kanishka.

Which of the statements given above is/are correct?

View Question →
Consider the following statements regarding the Indian Monsoon:

1. The southwest monsoon is caused primarily by the differential heating of land and sea.
2. The Tibetan Plateau plays a significant role in the onset of the monsoon.
3. The retreating monsoon causes rainfall mainly over northwestern India.

Which of the statements given above is/are correct?

View Question →
With reference to the Black Soil (Regur Soil) in India, consider the following statements:

1. It is primarily derived from the weathering of basaltic rocks.
2. It is rich in nitrogen and humus.
3. It is well known for its moisture-retaining capacity.

Which of the statements given above is/are correct?

View Question →
Consider the following statements regarding the Mediterranean Climate:

1. It is characterized by dry summers and wet winters.
2. It is found on the western margins of continents between 30° and 40° latitudes.
3. Natural vegetation in this region consists mainly of tropical evergreen forests.

Which of the statements given above is/are correct?

View Question →