1. The Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY) is a sub-scheme of which of the following?
A. Blue Revolution Scheme
B. Pradhan Mantri Matsya Sampada Yojana (PMMSY)
C. Fisheries and Aquaculture Infrastructure Development Fund
D. Pradhan Mantri Krishi Sinchayee Yojana
E. National Fisheries Development Programme
View Answer
Explanation: PM-MKSSY works on formalising a sector that has traditionally operated informally. Its focus areas are improving access to institutional finance and insurance, raising value-chain efficiency and strengthening quality management. Its beneficiary base is deliberately wide, covering fishers, fish farmers, fish vendors and micro and small fisheries enterprises rather than only primary producers.
2. India is the second-largest producer of fish in the world, accounting for approximately what share of global output?
A. 4 per cent
B. 6 per cent
C. 8 per cent
D. 12 per cent
E. 15 per cent
View Answer
Explanation: The Department of Fisheries highlighted India’s global standing while marking the 80th Independence Day with fishers and fish farmers in New Delhi. Alongside fish production, India also ranks second in aquaculture production and is among the largest producers in capture fisheries. These positions underpin the case for sustained public investment in the sector since 2015.
3. In which segment of the fisheries sector does India hold the first rank globally?
A. Aquaculture production
B. Capture fisheries
C. Inland fish production
D. Shrimp production and export
E. Marine fish landings
View Answer
Explanation: Shrimp is the single largest contributor to India’s seafood export earnings, which is why the first rank here matters more than the headline production numbers. In aquaculture production India is second, not first, a distinction frequently tested. Candidates should also remember the Ministry involved is Fisheries, Animal Husbandry and Dairying.
4. The Pradhan Mantri Matsya Sampada Yojana (PMMSY), the flagship scheme for fisheries and aquaculture development, was launched in which month and year?
A. September 2020
B. March 2019
C. June 2021
D. December 2018
E. August 2022
View Answer
Explanation: PMMSY is administered by the Ministry of Fisheries, Animal Husbandry and Dairying and implemented through the Department of Fisheries. It sits alongside the older Blue Revolution Scheme, which focuses on raising fish production, improving infrastructure and expanding employment and fisher livelihoods. Together these form the backbone of Central support to the sector since 2015.
5. The Fisheries and Aquaculture Infrastructure Development Fund (FIDF) is primarily designed to do which of the following?
A. Provide crop insurance cover to fish farmers
B. Offer minimum support prices for marine catch
C. Provide concessional finance for fisheries infrastructure projects
D. Give direct income transfers to registered fishers
E. Fund research on deep-sea fishing vessels only
View Answer
Explanation: The FIDF supports capital-intensive assets that individual fishers cannot finance on their own, such as fishing harbours, cold chains, fish markets and aquaculture infrastructure. Its instrument is concessional credit rather than grant or subsidy, which distinguishes it from the scheme-based support under PMMSY. For NABARD aspirants the fund is a useful example of infrastructure lending in the primary sector.
6. The CloudFisher fog-harvesting nets used on Mount Boutmezguida in Morocco are designed to withstand mountain winds of up to what speed?
A. 60 km per hour
B. 80 km per hour
C. 100 km per hour
D. 120 km per hour
E. 150 km per hour
View Answer
Explanation: Durability, not collection capacity, was the real constraint in fog harvesting, since earlier nets tore in strong mountain winds. The three-dimensional, food-safe CloudFisher nets were developed with the WaterFoundation and Aqualonis and need no electricity, with wind pushing fog through the mesh and gravity carrying the droplets down. In India similar trials have been attempted in the Western Ghats, the Nilgiris and the Himalayan foothills.
7. The Viksit Bharat-Guarantee for Rozgar and Ajeevika Mission (Gramin), or VB-G RAM G, which replaced MGNREGA, had its enabling Bill passed in which month and year?
A. December 2025
B. April 2026
C. May 2026
D. June 2026
E. February 2025
View Answer
Explanation: The transition followed a clear sequence: the Bill was passed in December 2025, the replacement of MGNREGA was announced on 1 April 2026, draft Rules were issued on 22 May 2026 and final Rules came at the end of June 2026. Reporting on the new framework has flagged a sharp decline in employment generation under it. Rural employment guarantee questions are a recurring theme for NABARD Grade A.
8. The Incentive Scheme for Promotion of Domestic PNG Connections approved by the government will be effective from which date?
A. 1 August 2026
B. 1 September 2026
C. 1 October 2026
D. 1 January 2027
E. 1 April 2027
View Answer
Explanation: The scheme targets expansion of clean, safe and affordable piped cooking gas to households across India. Piped Natural Gas competes with cylinder-based LPG and requires distribution infrastructure, which is why incentives are used to accelerate household connections. Clean cooking energy access is a standard theme in questions on social infrastructure and energy policy.
9. Digital Bharat Nidhi signed an agreement with the Chhattisgarh Government to support the implementation of which programme?
A. PM Gramin Digital Saksharta Abhiyan
B. National Broadband Mission 2.0
C. Amended BharatNet programme
D. Digital India Land Records Modernisation Programme
E. PM Wani Public Wi-Fi scheme
View Answer
Explanation: Digital Bharat Nidhi functions under the Department of Telecommunications and the agreement covers digitisation of Gram Panchayats and villages. Three implementing bodies are involved: Chhattisgarh State BharatNet Infrastructure Limited, BSNL and the Chhattisgarh Infotech Promotion Society. Rural broadband connectivity is directly relevant to digital financial inclusion in the NABARD syllabus.
10. The new SEBI Incident Reporting portal has been aligned with the Format for Incident Reporting Exchange (FIRE) developed by which body?
A. Bank for International Settlements
B. Financial Stability Board
C. International Organization of Securities Commissions
D. Financial Action Task Force
E. International Monetary Fund
View Answer
Explanation: SEBI Chairman Tuhin Kanta Pandey launched two portals, SEBI Incident Reporting and Cyber Suraksha, the latter acting as a central hub for cybersecurity knowledge, vulnerability warnings, policy measures and incident insights. Alignment with FIRE is intended to smooth cross-border exchange of incident reports. The Financial Stability Board is an international body monitoring the global financial system and is hosted by the BIS at Basel.
11. The RegTech Lab inaugurated at the National Institute of Securities Markets (NISM), Patalganga campus, relates to an institution established by SEBI in which year?
A. 1992
B. 1998
C. 2002
D. 2006
E. 2010
View Answer
Explanation: NISM is a public trust set up by SEBI for education, training and research in securities markets. SEBI itself was established under the SEBI Act, 1992 and is headquartered in Mumbai, so 1992 is a common distractor here. The RegTech Lab is meant to promote technology-enabled and practical learning in regulatory compliance and securities-market regulation.
12. Currency in Circulation (CIC), which continues to grow at double-digit rates despite rising digital payments, is a component of which monetary aggregate?
A. M1
B. M2
C. M3
D. M0
E. M4
View Answer
Explanation: Reserve Money (M0), also called High-Powered Money or the Monetary Base, comprises currency in circulation, bankers’ deposits with the RBI and other deposits with the RBI. RBI Deputy Governor Shirish Chandra Murmu noted that cash falling as a share of transactions while CIC still grows makes future cash demand harder to forecast, complicating planning for currency production and distribution capacity. CIC covers notes and coins with the public, in ATMs and in bank vaults outside the RBI.
13. Karnataka has earmarked 1,736 acres for the Tumakuru Node, which forms part of which industrial corridor?
A. Delhi-Mumbai Industrial Corridor
B. Chennai-Bengaluru Industrial Corridor
C. Amritsar-Kolkata Industrial Corridor
D. Vizag-Chennai Industrial Corridor
E. Hyderabad-Nagpur Industrial Corridor
View Answer
Explanation: The Tumakuru Node expansion targets investment of around Rs 7,000 crore and is expected to generate more than 88,000 jobs. Industrial corridor nodes are the land-assembly building blocks through which manufacturing investment is channelled to specific districts. Questions on corridors usually test the pair of anchor cities together with the node state.
14. The 6th Positive Indigenisation List notified by the Department of Defence Production on 18 August 2026 contains how many defence items?
A. 101
B. 346
C. 405
D. 509
E. 928
View Answer
Explanation: Items placed on a Positive Indigenisation List are progressively sourced only from domestic manufacturers after specified timelines. The mechanism is the main procurement-side instrument supporting Aatmanirbhar Bharat in defence production. Candidates should track both the list number and the item count, since successive lists are easy to confuse.
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