Q1.
What is the fiscal deficit target reaffirmed by the Union Government to be achieved by FY 2026–27?
A. 5.2% of GDP
B. 4.9% of GDP
C. Below 4.5% of GDP
D. Below 3.8% of GDP
Answer: C. Below 4.5% of GDP
Q2.
Which regulatory requirement was strengthened by the Reserve Bank of India to enhance banking sector resilience?
A. Cash Reserve Ratio (CRR)
B. Statutory Liquidity Ratio (SLR)
C. Liquidity Coverage Ratio (LCR)
D. Net Stable Funding Ratio (NSFR)
Answer: C. Liquidity Coverage Ratio (LCR)
Q3.
India’s foreign exchange reserves remained above which level in early January 2026?
A. USD 580 billion
B. USD 600 billion
C. USD 620 billion
D. USD 630 billion
Answer: D. USD 630 billion
Q4.
What was the approximate share of trade settled in non-USD currencies among BRICS nations by 2025?
A. 18%
B. 22%
C. 28%
D. 35%
Answer: C. 28%
Q5.
India’s total installed renewable energy capacity crossed which milestone recently?
A. 175 GW
B. 185 GW
C. 195 GW
D. 205 GW
Answer: C. 195 GW
Q6.
What was the value of India’s defence exports achieved in FY 2025?
A. ₹15,000 crore
B. ₹18,500 crore
C. ₹20,000 crore
D. ₹21,000 crore
Answer: D. ₹21,000 crore
Q7.
How many UPI transactions were recorded in December 2025?
A. 10 billion
B. 12 billion
C. 14 billion
D. 16 billion
Answer: C. 14 billion
Q8.
India aims to achieve how much non-fossil fuel energy capacity by the year 2030?
A. 350 GW
B. 400 GW
C. 450 GW
D. 500 GW
Answer: D. 500 GW
Q9.
India’s defence production value crossed which mark in FY 2025?
A. ₹95,000 crore
B. ₹1.05 lakh crore
C. ₹1.15 lakh crore
D. ₹1.25 lakh crore
Answer: D. ₹1.25 lakh crore
Q10.
What is the projected global economic growth rate for the year 2026?
A. 2.5%
B. 2.7%
C. 2.9%
D. 3.2%
Answer: C. 2.9%
