Daily Quiz – 23.10.2026

1. A shift in the monetary policy stance from neutral to calibrated tightening indicates that the central bank will adopt a measured, data-dependent approach, with future decisions influenced by the evolving inflation and growth outlook.
2. Under a flexible inflation-targeting framework, a central bank must maintain the policy interest rate unchanged whenever inflation remains within the prescribed tolerance band, irrespective of its inflation forecasts.

The above statements have been associated with which of the following?

1. Flexible Inflation Targeting
2. Calibrated Monetary Tightening

Select the correct answer using the code given below:

Statements:

1. A European country’s geographical position between Western Europe and regions bordering Russia and Ukraine can enhance its strategic significance for India’s engagement with European security and industrial networks.
2. The elevation of India–Poland relations to a Strategic Partnership in 2024 automatically provides India with the same market-access rights as EU member states within the European Union.

The above statements have been associated with which of the following?

1. Strategic significance of Poland in India’s European engagement
2. Automatic economic integration of India into the European Union

Select the correct answer using the code given below:

1. India and Poland established diplomatic relations in 1954.
2. Poland is a member of both the European Union and NATO.

Which of the statements given above is/are correct?