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Daily Current Affairs
7 February, 2026
1. The term “Deep Tech Start-up” in India has been officially defined by which authority?
A. NITI Aayog
B. Ministry of Electronics and IT
C. Department for Promotion of Industry and Internal Trade (DPIIT)
D. Reserve Bank of India
E. Ministry of Science and Technology
Answer: C. Department for Promotion of Industry and Internal Trade (DPIIT)
Explanation: The Union Government defined “deep tech” start-ups through a gazette notification issued by DPIIT to bring regulatory clarity.
2. Which of the following is a defining characteristic of a deep tech start-up?
A. Focus on service-based business models
B. Majority expenditure on marketing
C. Reliance on imported technology
D. R&D-intensive operations with high technical uncertainty
E. Short product development cycles
Answer: D. R&D-intensive operations with high technical uncertainty
Explanation: Deep tech start-ups are defined as R&D-intensive enterprises based on advanced scientific or engineering knowledge and high uncertainty.
3. Under the relaxed norms for deep tech start-ups, the maximum permissible age is:
A. 10 years
B. 12 years
C. 15 years
D. 18 years
E. 20 years
Answer: E. 20 years
Explanation: The government has extended the maximum age limit for deep tech start-ups from 10 years to 20 years.
4. The digital portal for Certificates of Origin (CoO) for cultivated medicinal plants was launched by:
A. Ministry of AYUSH
B. National Biodiversity Authority (NBA)
C. Indian Council of Agricultural Research (ICAR)
D. Ministry of Environment, Forest and Climate Change
E. National Medicinal Plants Board
Answer: B. National Biodiversity Authority (NBA)
Explanation: The NBA launched the digital portal to electronically issue Certificates of Origin for cultivated medicinal plants.
5. The primary purpose of issuing a Certificate of Origin (CoO) for medicinal plants is to:
A. Promote exports
B. Ensure price control
C. Facilitate Access and Benefit Sharing (ABS) exemption
D. Regulate pharmaceutical patents
E. Monitor biodiversity loss
Answer: C. Facilitate Access and Benefit Sharing (ABS) exemption
Explanation: The CoO certifies that medicinal plants are cultivated, enabling stakeholders to claim exemption under ABS provisions.
6. In February 2026, the RBI kept the repo rate unchanged at:
A. 4.50%
B. 4.90%
C. 5.00%
D. 5.25%
E. 5.50%
Answer: D. 5.25%
Explanation: The RBI maintained the policy repo rate at 5.25% amid stable macroeconomic conditions.
7. Which of the following best describes a “neutral” monetary policy stance of the RBI?
A. Commitment to rate hikes
B. Commitment to rate cuts
C. Focus only on growth
D. No pre-commitment to either hikes or cuts
E. Automatic policy easing
Answer: D. No pre-commitment to either hikes or cuts
Explanation: A neutral stance means RBI will respond based on evolving inflation and growth conditions without bias.
8. As per RBI’s proposal, the maximum compensation for victims of small-value cyber frauds is:
A. â‚ą10,000
B. â‚ą15,000
C. â‚ą20,000
D. â‚ą25,000
E. â‚ą50,000
Answer: D. â‚ą25,000
Explanation: RBI proposed compensation up to â‚ą25,000 for victims of cyber frauds involving transactions below â‚ą50,000.
9. Which RBI initiative is aimed at capacity-building of Urban Cooperative Banks (UCBs)?
A. Mission Karmayogi
B. Mission SAKSHAM
C. Mission Shakti
D. Mission Digital India
E. Mission UDAY
Answer: B. Mission SAKSHAM
Explanation: Mission SAKSHAM is a certification-based capacity-building framework for strengthening UCBs.
10. According to RBI’s Urban Consumer Confidence Survey, the recent dip in confidence mainly reflects:
A. Economic recession
B. Collapse in employment
C. Banking sector crisis
D. Cautious sentiment amid micro-level pressures
E. Severe rural distress
Answer: D. Cautious sentiment amid micro-level pressures
Explanation: The survey indicates moderation in optimism due to inflation perception and income insecurity, not economic distress.
