April 2026 Current Affairs Quiz PDF with Answers

Answer: C) Simulate maritime scenarios in a discussion-based environment

IMEX TTX 2026 was a Table-Top Exercise (TTX), which focuses on simulated, discussion-based scenarios to test coordination and decision-making without deploying actual naval assets.

Answer: B) 2008

IONS was launched by India in 2008 to enhance maritime cooperation among countries in the Indian Ocean Region.

Answer: C) Low salinity and absence of prey like krill

Humpback whales require saline ocean water and feed on krill. The Baltic Sea lacks both suitable salinity and prey, making survival difficult.

Answer: C) It is India’s only tri-service unified theater command

ANC integrates Army, Navy, and Air Force under one command, making it ideal for joint exercises like Dweep Shakti focused on island defense.

Answer: C) Test systems for sustained human presence beyond Earth orbit

Artemis II is a crewed mission designed to test deep-space systems and pave the way for long-term lunar exploration, not immediate landing.

Answer: D) 450 days

RBI extended export credit tenure up to 450 days to ease liquidity pressure due to global trade disruptions.

Answer: C) 15 months

RBI increased the repatriation period from 9 months to 15 months to support exporters facing delays due to geopolitical issues.

Answer: D) ₹1 crore

RBI introduced a system-wide cap of ₹1 crore per borrower to prevent excessive leverage across multiple banks.

Answer: C) Profitability

sDQI evaluates data quality based on Accuracy, Timeliness, Completeness, and Consistency—not profitability.

Answer: C) 7 days

RBI mandated that ECB returns must be submitted within 7 calendar days to improve reporting efficiency and compliance.

Answer: B) The decision is legally backed by Parliament and difficult to reverse

Statutory backing means the decision is supported by an Act of Parliament, making it legally binding and hard to change through executive actions.

Answer: C) Visakhapatnam

The proposed model had Visakhapatnam as Administrative capital, Amaravati as Legislative, and Kurnool as Judicial capital.

Answer: C) Fair sharing of benefits from genetic resources

The Nagoya Protocol ensures equitable sharing of benefits arising from the use of genetic resources, preventing biopiracy.

Answer: C) Provide easy and multilingual access to legal information

Nyaya Setu aims to democratize access to justice by removing language and literacy barriers using AI and voice-first technology.

Answer: B) Decriminalising minor offences and reducing compliance burden

The Bill shifts minor offences from criminal penalties (jail) to civil penalties (fines), promoting ease of doing business.

Answer: B) Hedging against price volatility

Industries can use derivatives to lock in prices and protect themselves from fluctuations in natural gas prices.

Answer: C) GIXI

GIXI is the benchmark price index developed by the Indian Gas Exchange reflecting domestic gas prices.

Answer: C) Bank account portability

PaSS allows customers to switch banks without changing their account number, similar to mobile number portability.

Answer: B) To reduce speculation on currency without real transactions

NDFs allow speculative betting without actual currency exchange, which can destabilize the rupee during crises.

Answer: C) Evaluate economic and social impact of regulations

RIA assesses the costs, benefits, and consequences of regulations before and after implementation to ensure effectiveness.

Answer: B) It allows continuous solar observation without obstruction

L1 is a stable point between Earth and the Sun where satellites can continuously observe the Sun without eclipses from Earth or Moon, making it ideal for solar missions.

Answer: C) Hydrographic and oceanographic surveys

Sanshodhak is a survey vessel used for mapping the seabed, studying ocean data, and supporting navigation and maritime development.

Answer: C) Maritime security cooperation in Indian Ocean Region

IOS SAGAR focuses on enhancing maritime cooperation, tackling piracy, and ensuring regional security in the Indian Ocean.

Answer: C) Protect consumers from misleading digital practices

IRDAI aims to eliminate deceptive UI/UX practices that manipulate users into buying unwanted insurance products.

Answer: C) Locally incorporated and regulated entity in India

Under WOS, foreign banks operate as Indian entities with local capital and governance, making regulation easier for RBI.

Answer: C) Removal of tax arbitrage differences

After tax reforms, buyback proceeds are taxed as capital gains, removing earlier inequities and making open market buybacks fair.

Answer: C) Reduces outstanding shares

Buybacks reduce the number of shares in circulation, which generally increases Earnings Per Share (EPS).

Answer: C) Ensure traceability and quality of tea

Tea Mark certifies that tea meets quality standards and ensures transparency in the supply chain.

Answer: C) Tracking product journey using digital tools

Digital traceability ensures that agricultural products can be tracked from origin to final consumer, improving transparency and quality assurance.

Answer: C) Premature expansion across multiple markets

Many startups failed due to expanding too quickly into diverse markets without strong local execution strategies.

Answer: C) Project 17A

INS Taragiri is a stealth frigate under Project 17A (Nilgiri-class), aimed at building advanced guided-missile frigates for the Indian Navy.

Answer: C) Combined Diesel or Gas (CODOG)

CODOG allows ships to operate efficiently at low speeds using diesel engines and switch to gas turbines for high-speed combat operations.

Answer: C) Strategic nuclear deterrence

SSBNs carry nuclear ballistic missiles and ensure second-strike capability, forming a key part of the nuclear triad.

Answer: B) Providing AI-based tax assistance

Kar Saathi is an AI-powered platform designed to assist taxpayers with filing, compliance, and queries under the Income Tax Act, 2025.

Answer: B) Pension management

SAMPANN (System for Accounting and Management of Pension) is a cloud-based platform that handles end-to-end pension processing and disbursement.

Answer: B) Reduce market fragmentation in SDLs

BIS standardizes bond issuance to improve liquidity and price discovery in State Development Loans (SDLs).

Answer: C) Interest earned by investors

Yield refers to the effective return an investor earns on a bond investment.

Answer: D) 75%

The study shows that 75% of microfinance loans are used for productive activities like business and livelihood generation.

Answer: C) 50%

RBI allows a maximum FOIR of 50%, while the study reported a healthier level of 18.7%, indicating low borrower stress.

Answer: C) LIC

LIC, along with GIC Re and NIACL, has been designated as a D-SII due to its systemic importance to the Indian financial system.

Answer: B) Indian and Eurasian Plates

The Hindu Kush is formed due to the collision between the Indian Plate and the Eurasian Plate, similar to the Himalayas, causing intense tectonic activity.

Answer: C) Subduction of tectonic plates into the mantle

Deep earthquakes occur due to a tectonic slab sinking into the Earth’s mantle, creating intermediate-depth seismic activity.

Answer: C) Otoliths

Otoliths are durable ear bones of fish that help identify species and environmental conditions in fossil studies.

Answer: D) Gourami

Gourami fossils are extremely rare and this is the first discovery in India and second globally.

Answer: C) Assessing human response in extreme environments

Mission MITRA studies physiological and psychological responses under extreme conditions like hypoxia to support space missions.

Answer: C) Arihant Class

INS Aridhaman is part of the Arihant-class nuclear-powered ballistic missile submarines under the ATV project.

Answer: C) High upfront commissions

High commissions encourage aggressive selling of financial products without considering customer suitability.

Answer: C) IRDAI

IRDAI regulates insurers and controls operational expenses including commissions through EOM limits.

Answer: D) Self-employed

More than 56% of India’s workforce is self-employed, often reflecting low productivity and disguised unemployment.

Answer: C) West Asia conflict affecting supply chains

Disruptions in energy and fertilizer imports due to geopolitical tensions are expected to increase inflation and slow growth.

Answer: C) Desert and plains regions of western India

Project Chetak operates in Rajasthan, Punjab, and northern Gujarat, focusing on desert and plains terrain to support military logistics.

Answer: C) Anti-tank defense and flood control

DCB consists of a trench and embankment that prevents enemy tank movement and also helps in flood control in plains.

Answer: B) Supply shock

Stagflation is triggered by a negative supply shock, such as rising oil prices, which reduces output while increasing inflation.

Answer: C) Weathered crude oil

Tar balls are hardened remnants of crude oil that have undergone weathering processes like evaporation and emulsification.

Answer: C) It destroys underground corms

Porcupines dig and consume saffron corms (bulbs), preventing regrowth and causing long-term damage to crops.

Answer: C) BC-Banking Outlet (BC-BO)

BC-BOs are treated as formal banking outlets and help expand banking access in rural areas.

Answer: C) $1 billion or 300% of net worth

RBI replaced fixed limits with dynamic limits linked to company financial strength.

Answer: C) Protecting minority shareholders’ interests

Independent Directors act as watchdogs to ensure transparency and protect shareholders from management misuse.

Answer: D) ₹5 lakh

DICGC insures deposits up to ₹5 lakh per depositor (including principal and interest).

Answer: C) Exchange rate risk

Hedging protects companies from losses due to fluctuations in currency exchange rates, especially when the rupee depreciates.

Answer: C) Formal incorporated services sector

ASISSE aims to collect annual data on incorporated service enterprises like IT firms, hospitals, and hotels to improve GDP estimation and measure formalization.

Answer: C) GSTN database

GSTN provides a reliable and updated list of tax-paying businesses, making it ideal for sampling formal enterprises.

Answer: D) $75 billion

India faces a major forex drain as most EXIM cargo is handled by foreign vessels, leading to high freight payments.

Answer: C) Directorate General of Maritime Administration

The renaming reflects a shift toward a comprehensive regulatory body with expanded powers over maritime affairs.

Answer: C) Improve product design and claim experience

The panel focuses on enhancing customer experience, reducing claim rejections, and improving grievance redressal.

Answer: C) Bima Sugam

Bima Sugam is a digital marketplace aiming to offer zero-commission policies and improve insurance accessibility.

Answer: D) 25%

SEBI mandates at least 25% public shareholding to ensure liquidity and prevent promoter manipulation.

Answer: C) Unhedged foreign currency exposure

NOP represents the amount of foreign currency a bank holds without hedging, exposing it to exchange rate risks.

Answer: C) 12 months

Companies must launch IPOs within 12 months of SEBI approval unless extensions are granted.

Answer: B) Bio-floc Technology

Bio-floc technology uses microbes to recycle organic waste into protein-rich feed, increasing productivity and sustainability.

Answer: C) Biological Diversity Act, 2002

National Repositories are notified under Section 39 of the Biological Diversity Act, 2002 to preserve voucher specimens and ensure scientific validation of biodiversity.

Answer: B) Provide propulsion and power support

The Service Module acts as the “engine room” of the spacecraft, supplying propulsion, power, and thermal management during orbital operations.

Answer: C) To avoid collision with operational satellites

Graveyard Orbit is used to move non-functional satellites away from active zones like GEO to reduce space debris collision risks.

Answer: C) Election management diplomacy

IEVP enables global election bodies to observe India’s election process, promoting knowledge exchange and South-South cooperation.

Answer: C) 5.25%

RBI kept the Repo Rate unchanged at 5.25% due to global uncertainties and inflation risks.

Answer: C) No entity is trusted by default

Zero Trust requires continuous verification of users and devices regardless of their location to prevent cyber threats.

Answer: C) Free up bank capital

Removing IFR will release ₹35,000–40,000 crore, enabling banks to improve capital adequacy and lending capacity.

Answer: C) Upper Layer

The Upper Layer consists of systemically important NBFCs that must comply with stricter regulations including mandatory listing.

Answer: B) Reduced fertilizer use

Soil testing helps farmers apply precise nutrients, reducing excessive fertilizer use and lowering greenhouse gas emissions.

Answer: C) Community agronomists

Soil Sakhis are trained rural women who provide soil testing and scientific farming guidance to farmers at the grassroots level.

Answer: C) 26%

Women hold around ₹76 lakh crore, which constitutes 26% of the total system credit, showing a major rise in financial inclusion and entrepreneurship.

Answer: C) Bihar

Bihar emerged as the fastest-growing state in women-led borrowing with a CAGR of 59%, highlighting strong regional growth in financial inclusion.

Answer: C) SRM University-AP

The facility is part of the Amaravati Quantum Valley initiative and will act as a standardized testing bed for quantum technologies.

Answer: C) Provide standardized testing for quantum components

QRF acts as a “gold standard” testing platform where quantum hardware components can be verified and calibrated.

Answer: D) ₹20 Lakh

Tarun Plus (introduced in 2024) provides loans from ₹10 lakh to ₹20 lakh for businesses that have successfully repaid earlier loans.

Answer: D) 2,000 km

India has already achieved 1,000 km secure communication and aims to reach 2,000 km under the National Quantum Mission.

Answer: B) ₹10,000

The RBI proposed a 1-hour delay for transactions above ₹10,000 to prevent Authorised Push Payment (APP) fraud.

Answer: C) Disable digital payments instantly

The Kill Switch acts as a safety feature allowing users to immediately stop digital transactions in case of suspected fraud.

Answer: C) 1 hour

RBI mandates that banks reconcile Nostro accounts within 1 hour to ensure faster inward remittance credit.

Answer: B) Banks have excess funds for lending

A liquidity surplus means banks have more funds than required and may park excess money with the RBI instead of borrowing.

Answer: C) Gaganyaan

IADT-02 is a crucial test under the Gaganyaan mission to validate safe crew module recovery systems.

Answer: C) Validating parachute-based deceleration system

The test ensured that the parachute system can safely slow down the crew module during re-entry.

Answer: C) Ministry of Tribal Affairs

NSTFDC is a PSU functioning under the Ministry of Tribal Affairs to support tribal entrepreneurship.

Answer: B) Offer concessional loans for income-generating activities

NSTFDC provides low-interest loans to Scheduled Tribes to promote sustainable livelihoods and entrepreneurship.

Answer: C) Five

The Act applies to CRPF, BSF, CISF, ITBP, and SSB—collectively known as the “Big Five” CAPFs.

Answer: D) 100%

The Act mandates that all DG and Special DG posts in CAPFs will be filled by IPS officers on deputation.

Answer: C) ₹1 Trillion

RBI has set ₹1 trillion as the threshold, beyond which NBFCs will be subject to stricter “bank-like” regulations.

Answer: D) 5 years

RBI introduced a 5-year persistence rule to prevent frequent movement between regulatory layers.

Answer: B) Profit from price differences in different markets

Arbitrage involves exploiting price differences of the same asset (like currency) across markets to earn profit.

Answer: C) Weakened the Rupee further

Excess demand for dollars in the domestic market increased pressure on the Rupee, leading to depreciation.

Answer: B) Government e-Marketplace (GeM)

Womaniya is a special initiative on the GeM platform to promote women-led micro and small enterprises by connecting them directly with government buyers.

Answer: C) Ministry of Commerce & Industry

The initiative was launched in 2019 by the Ministry of Commerce & Industry to empower women entrepreneurs.

Answer: B) UGC, AICTE, NCTE

The VBSA Bill consolidates multiple higher education regulators into a single unified body.

Answer: C) Legal & Medical Education

These sectors remain regulated by specialized bodies like the Bar Council of India and National Medical Commission.

Answer: C) Brazil

India surpassed Brazil to achieve the 3rd position globally in installed renewable energy capacity.

Answer: B) Statutory Body

NHRC was established under the Protection of Human Rights Act, 1993, making it a statutory body.

Answer: C) Bureau of Indian Standards

BIS sets the technical standards for digital payments, including QR code security, biometrics, and CBDC safeguards.

Answer: C) Diverting payments to fraudulent accounts via fake QR codes

Fraudsters replace legitimate QR codes with malicious ones to redirect payments to unauthorized accounts.

Answer: B) 2nd

India is the world’s second-largest producer of fish and aquaculture products.

Answer: C) 10,000

The mission aims to establish 10,000 BRCs to support farmers with natural inputs like Jeevamrut and Beejamrut.

Answer: B) Its presence reflects the health of the river ecosystem

Indicator species like the Ganges River Dolphin signal the ecological health of rivers. A thriving dolphin population indicates clean water and a balanced ecosystem.

Answer: C) Reduced gene pool due to isolated populations

Dams fragment habitats, isolating dolphin populations. This leads to inbreeding and reduced genetic diversity, making species more vulnerable.

Answer: C) 1987

Arunachal Pradesh was first made a Union Territory in 1972 and later granted full statehood in 1987.

Answer: C) Simla Convention 1914

The McMahon Line was proposed during the Simla Convention (1914) between British India and Tibet, forming the basis of India’s eastern boundary.

Answer: C) Use of legal tools/maps to justify territorial claims

Lawfare refers to the strategic use of legal systems, naming, and maps to strengthen territorial claims, as seen in China's renaming strategy.

Answer: C) Enable transactions without sharing bank details

VPA allows users to send/receive money without revealing sensitive information like account number or IFSC code.

Answer: C) NPCI

UPI was developed by the National Payments Corporation of India (NPCI), while RBI acts as the regulator.

Answer: C) Lack of loan portfolio diversification

RBI emphasized the need for diversified loan books. Heavy dependence on microfinance made these banks unsuitable for universal banking status.

Answer: C) Low Nutrient Use Efficiency (NUE)

Only 35–40% of nitrogen in granular urea is utilized; the rest is lost due to leaching and volatilization, causing pollution.

Answer: B) It reduces unnecessary nitrogen application

TSP does not contain nitrogen, unlike DAP. This helps correct the nutrient imbalance and reduces excess nitrogen usage.

Answer: D) 24.2%

The UNDP report estimates that under a severe 28-day conflict scenario, India’s poverty rate could rise from 23.9% to 24.2%.

Answer: D) Strait of Hormuz

The Strait of Hormuz is a key route for global oil supply, and disruptions here significantly impact India’s energy imports and trade logistics.

Answer: C) Sovereign hardware development

AQRF focuses on making India self-reliant in quantum hardware by developing domestic supply chains and providing open access to critical components.

Answer: E) Article 32

Article 32 ensures the enforcement of Fundamental Rights through judicial remedies, making it central to constitutional protection.

Answer: C) SEBI-registered AIFs

The FoF model channels funds through Alternative Investment Funds (AIFs), which then invest in startups, leveraging additional private capital.

Answer: B) Reduction in US tariffs on Indian goods

The IMF upgrade was driven by a sharp reduction in US tariffs (from 50% to 10%), boosting India’s export competitiveness.

Answer: C) Investment grade rating

Moving from BB+ to BBB- shifts the company from speculative (junk) grade to investment grade, improving borrowing capacity.

Answer: C) Streamline digital credit access

ULI is designed to provide seamless data flow for faster credit appraisal, especially benefiting farmers and small borrowers.

Answer: C) Prevent diversion and misuse of subsidized fertilizers

The system uses digital tracking and authentication to ensure fertilizers reach genuine farmers and reduce subsidy leakage.

Answer: C) Aadhaar-based biometric or OTP

The system uses Aadhaar-based authentication to ensure only genuine farmers can purchase fertilizers, improving transparency.

Answer: D) 850

The Bill proposes expanding the Lok Sabha to 850 members (815 from states and 35 from Union Territories) to better reflect current population realities.

Answer: B) Article 82

The amendment removes the earlier restriction linked to the post-2026 Census, allowing delimitation based on the latest available data (2011 Census).

Answer: B) 4

The report identifies four pillars: Funding, Governance, Regulatory Frameworks, and Research Translation.

Answer: D) 40%

Around 40% of bat species lack sufficient data for proper conservation assessment, making them “Data Deficient.”

Answer: C) No prior approval required (unless restricted)

RBI removed the requirement of prior approval to promote ease of doing business and faster expansion of NBFCs.

Answer: D) AA

Only NBFCs with NOF above ₹50 crore and a credit rating of AA or higher can expand nationwide.

Answer: D) 50%

SEBI now allows companies to modify IPO size up to 50% without refiling draft documents to support market flexibility.

Answer: D) September 30, 2026

The relaxation is temporary and valid till September 30, 2026, to support companies during market volatility.

Answer: C) Prevent diversion and misuse of subsidized fertilizers

The system aims to stop misuse of subsidized fertilizers in non-agricultural sectors through digital tracking and authentication.

Answer: C) Aadhaar-based biometric/OTP

The system will use Aadhaar-based verification to ensure that only genuine farmers can purchase fertilizers.

Answer: C) Community-driven and low-cost structure

The SHG model is cost-effective, based on community participation, and does not require heavy capital investment, making it suitable for developing economies, especially in Africa.

Answer: C) Ensure uniform implementation of parliamentary reforms in UTs

The Bill aligns UTs like Delhi, Puducherry, and J&K with national reforms such as women’s reservation and delimitation under the 131st Constitutional Amendment.

Answer: C) Guarantee loans to reduce risk for lenders

CRGSS helps smaller cities access credit by providing guarantees to lenders, thereby reducing perceived financial risk.

Answer: B) Women earning above ₹1 lakh annually

“Lakhpati Didi” refers to SHG women members earning more than ₹1 lakh annually, showcasing economic empowerment through NRLM.

Answer: C) Bureau of Energy Efficiency

The Bureau of Energy Efficiency (BEE), under the Ministry of Power, sets and monitors CAFE norms related to fuel efficiency and CO₂ emissions.

Answer: C) Rupee depreciation against the US Dollar

GDP rankings are measured in USD. Rupee depreciation reduced India’s dollar-denominated GDP, affecting its ranking despite strong growth in domestic terms.

Answer: C) Disqualification only after conviction

SEBI shifted to a conviction-based approach to prevent premature disqualification and ensure fairness.

Answer: C) Supporting LIC agents in sales

The app provides AI-based tools, performance analytics, and customer insights to improve agent productivity and sales efficiency.

Answer: C) MSME loans

MSMEs are more vulnerable due to rising input costs, supply disruptions, and limited financial resilience.

Answer: C) Aging of loans revealing risk profile

As loans age, their repayment behavior becomes clearer, helping assess the actual risk of default.

Answer: B) Ownership remains with the government

Asset monetisation only transfers operational rights for a fixed period, while ownership remains with the Government of India.

Answer: C) An operational railway station

Brownfield assets are already existing and operational assets that generate revenue and are safer for investment.

Answer: C) Ahmedabad

The Kankaria Coaching Depot in Ahmedabad is India’s first water-neutral railway depot, achieving full recycling of water usage.

Answer: C) Phytoremediation

Phytoremediation uses plants to absorb pollutants and naturally purify wastewater, making it sustainable.

Answer: C) Enable technical education in Indian languages

VAANI aims to democratize technical education by making it accessible in 22 Indian languages.

Answer: B) Support exporters against logistics disruptions

RELIEF helps exporters manage rising logistics costs and risks due to geopolitical conflicts.

Answer: C) ECGC Limited

ECGC Limited acts as the implementing agency, providing risk coverage and financial support to exporters.

Answer: B) Share high-risk insurance among insurers

A maritime insurance pool allows multiple insurers to share risks, especially in high-risk geopolitical conditions.

Answer: C) Representing mutual fund industry and investor awareness

AMFI is a self-regulatory body that promotes ethical practices and investor education in the mutual fund industry.

Answer: C) Inflation due to rising global prices and currency depreciation

Imported inflation occurs when global price rises (like crude oil) and rupee depreciation increase domestic prices.

Answer: C) Rajasthan and Gujarat

Arid and semi-arid regions like Rajasthan and Gujarat have more scope for vegetation growth due to increased rainfall and CO₂ fertilization.

Answer: C) Higher CO₂ enhances photosynthesis and plant growth

Increased atmospheric CO₂ helps plants grow faster by boosting photosynthesis, provided water and nutrients are sufficient.

Answer: C) Sun-Synchronous Polar Orbit

This orbit allows the satellite to pass over the same location at the same local time, ensuring consistent environmental data collection.

Answer: C) EnSAC

EnSAC is specifically designed to measure atmospheric trace gases responsible for global warming.

Answer: C) Globalize Indian handloom designs through fusion

Vishwa Sutra combines Indian weaves with global design sensibilities to make them appealing in international fashion markets.

Answer: D) ₹1,000

SEBI reduced the minimum investment from ₹2 lakh to ₹1,000 to encourage retail participation.

Answer: A) Category I

SIFs are classified under Category I AIFs, which include socially beneficial investments.

Answer: B) Stabilize rupee and manage risk

RBI eased restrictions after stability returned to forex markets, allowing risk management while limiting speculation.

Answer: C) Unhedged foreign exchange exposure

NOP represents the net risk a bank carries in foreign currencies without hedging.

Answer: C) Generate social or environmental impact along with returns

SIFs aim to fund social enterprises and NPOs while creating measurable social impact.

Answer: B) From development partnership to strategic investment

India is now focusing more on FDI, infrastructure, and long-term investments rather than just providing aid or concessional loans (LoCs).

Answer: C) Converting fiber infrastructure into usable citizen services

BharatNet provides connectivity, while Samriddh Gram ensures services like healthcare, education, and governance are actually delivered using that infrastructure.

Answer: C) Better thermal stability and precision

Glass substrates can handle high heat and allow denser connections, making them ideal for advanced chips like AI processors.

Answer: C) Rapid spread of modified genes in population

Gene drive increases inheritance probability to over 90%, allowing modified traits to spread quickly in wild populations.

Answer: C) Large-scale projects like Khavda Renewable Park

The Khavda Renewable Energy Park in Gujarat is a major contributor, with massive wind and hybrid energy capacity.

Answer: C) Oil price volatility, strong USD, and RBI policy easing

Higher oil prices increase dollar demand, a strong USD attracts global capital, and RBI easing allows more market-driven depreciation.

Answer: C) Improving diversification and risk-adjusted returns

Precious metals often move inversely to equities, helping reduce overall portfolio risk.

Answer: C) Increase lending flexibility to borrowers without collateral

Higher limits allow banks to lend more to individuals who lack collateral, improving financial inclusion.

Answer: C) Provide customers an opportunity to opt out

The rule enhances consumer protection by allowing users to cancel or modify payments before execution.

Answer: C) Global geopolitical tensions and energy disruptions

The West Asia conflict has impacted energy supply chains, increasing costs and slowing economic growth.

Answer: B) Deep Submergence Rescue Vehicles (DSRV)

INS Nireekshak is a specialized Diving Support Vessel equipped with DSRVs used for rescuing sailors from disabled submarines deep underwater.

Answer: C) Procedural compliance in investigation

NARIT-AI ensures strict adherence to legal procedures, reducing acquittals caused by procedural lapses in NDPS cases.

Answer: B) Agenda 2063

The 2026 summit emphasizes aligning India’s development initiatives with Africa’s long-term strategic framework, Agenda 2063.

Answer: C) ₹2,00,000

Full-KYC PPIs allow a maximum outstanding balance of ₹2 lakh, enabling wider usage including transfers and payments.

Answer: C) RTGS

RTGS (Real Time Gross Settlement) processes high-value transactions instantly and individually in real time.

Answer: C) ₹15,000

For general recurring payments like subscriptions, the OTP-free limit is ₹15,000.

Answer: C) Direct settlement with RBI without sponsor bank

Direct CPS access removes dependency on sponsor banks, improving efficiency and reducing systemic risk.

Answer: C) 14 days

The draft mandates payment within 14 days, failing which mills must pay 15% annual interest.

Answer: C) 1 tonne

The government uses this conversion ratio to track sugar diversion towards ethanol production.

Answer: C) Infrastructure Layer

The Infrastructure Layer consists of IoT devices and weather stations that collect raw farm-level data.

Answer: C) It targets fleet-wide average emissions of manufacturers

CAFE norms regulate the average fuel efficiency and CO₂ emissions of the entire vehicle fleet of a manufacturer, not individual vehicles.

Answer: D) Afforestation programs

Afforestation helps the environment, whereas pollution, dams, fishing nets, and traffic harm dolphin habitats.

Answer: C) Government DBT and company contribution

PMIS follows a hybrid model where the government provides ₹5000 via DBT and companies contribute ₹500 through CSR funds.

Answer: C) A sanitation worker turned entrepreneur

Sanipreneurs are sanitation workers who transition into business owners using mechanized cleaning solutions under government support.

Answer: C) Reduction in consumer spending

Persistent inflation reduces purchasing power, leading to decreased discretionary spending, causing a demand shock.

Answer: C) Underperformance expected

Underweight means investors should hold less of that asset as it is expected to perform worse than peers or benchmarks.

Answer: C) Client funds are moved to clearing corporations

Upstreaming ensures brokers do not hold client funds overnight, improving safety by transferring them to clearing corporations.

Answer: C) ₹1 lakh

CFR records frauds involving ₹1 lakh and above to enable early detection and monitoring.

Answer: B) Smaller loans are increasing

Higher loan count but slower total value growth indicates a shift toward smaller-sized loans.

Answer: C) Market price was lower than MSP

Farmers preferred selling to the government as MSP (₹2585) was higher than mandi prices, leading to increased procurement.

Answer: C. 1961

Project DANTAK was established in April 1961 as part of India-Bhutan cooperation for infrastructure development.

Answer: D. Paro International Airport

Project DANTAK played a key role in building Paro International Airport, Bhutan’s main international gateway.

Answer: D. Flex-Fuel Vehicle (FFV)

E100 requires Flex-Fuel Vehicles with special materials and sensors due to ethanol’s corrosive nature.

Answer: C. CCIC

The Central Cottage Industries Corporation of India (CCIC) launched Soul Threads to promote traditional crafts through modern design.

Answer: C. Two-thirds

At least two-thirds of members must agree to a merger to avoid disqualification under the 10th Schedule.

Answer: C. Uzbekistan

The 7th edition of Exercise Dustlik (2026) was conducted in Uzbekistan at the Gurumsaray Field Training Area.

Answer: C. Section 22

Section 22 of the Banking Regulation Act empowers RBI to grant and cancel banking licences.

Answer: B. Section 8

Section 8 prohibits banking companies from directly engaging in buying or selling goods.

Answer: C. 51%

Financial creditors holding more than 51% of the debt can initiate the new hybrid resolution mechanism.

Answer: C. Low membership base

Many FPOs struggle due to insufficient membership, which prevents economies of scale and reduces bargaining power.

Answer: C. $30 million

The report defines UHNWIs as individuals having a net worth of $30 million (approximately ₹283 crore) or more.

Answer: B. India

India ranked 6th with 19,877 UHNWIs in 2026, reflecting rapid wealth growth.

Answer: D. 313

The report projects India’s billionaire count to increase from 207 in 2026 to 313 by 2031, indicating strong economic growth.

Answer: C. National Action Plan for Drug Demand Reduction (NAPDDR)

NMBA 2.0 App operates under NAPDDR, focusing on awareness, treatment, and rehabilitation to combat drug abuse.

Answer: C. Non-constitutional, non-statutory body

NITI Aayog was created by a Cabinet Resolution in 2015 and is neither constitutional nor statutory.

Answer: B. Monthly performance of the services sector

ISP is designed as a high-frequency indicator to monitor monthly output of the services sector.

Answer: C. All loans of the borrower become NPA

RBI introduced a “borrower-wise” classification where default in one loan leads to all loans being classified as NPAs.

Answer: D. From the day the loan is granted

ECL is a forward-looking model where expected losses are estimated from the very beginning of the loan.

Answer: C. PD

PD (Probability of Default) measures the likelihood that a borrower will fail to repay a loan.

Answer: C. Creative industries and intellectual property

The Orange Economy emphasizes creativity, culture, and IP-driven sectors like media, gaming, design, and digital content.