Q1. What is the fiscal deficit target announced in the Union Budget 2026–27? A. 4.9% of GDPB. 4.6% of GDPC. 4.3% of GDPD. 4.0% of GDP ✅ Correct Answer: C. 4.3% of GDP Q2. What is the total expenditure outlay of the Union Budget 2026–27? A. ₹48.5 trillionB. ₹51.9 trillionC. ₹53.47 trillionD. ₹56.2 trillion ✅…
Q1. Who presented the Union Budget 2026–27 in Parliament? A. Amit ShahB. Nirmala SitharamanC. Rajnath SinghD. Piyush Goyal ✅ Answer: B. Nirmala Sitharaman Q2. What is the fiscal deficit target set for FY 2026–27 in the Union Budget? A. 5.1% of GDPB. 4.8% of GDPC. 4.3% of GDPD. 3.9% of GDP ✅ Answer: C. 4.3%…
Q1. On which date was the Union Budget 2026–27 presented in India? A. 30 January 2026B. 01 February 2026C. 02 February 2026D. 31 January 2026 ✅ Correct Answer: B. 01 February 2026 Q2. What was the approximate fiscal deficit target announced in the Union Budget 2026–27? A. 5.2% of GDPB. 4.9% of GDPC. 4.5% of…
Q1. The National Logistics Efficiency Enhancement Programme approved by the Government of India aims to reduce logistics cost to what percentage of GDP by 2030? A. Below 12%B. Below 11%C. Below 9%D. Below 7% ✅ Correct Answer: C. Below 9% Q2. Under the “AI Skilling for Bharat” initiative, the government has set a target to…
Q1. India and the European Union concluded a landmark Free Trade Agreement (FTA) in January 2026. This agreement covers approximately what percentage of global GDP? A. Around 10%B. Around 15%C. Around 25%D. Around 40% ✅ Answer: C. Around 25% Q2. Under the India–EU Free Trade Agreement, the European Union agreed to eliminate or reduce tariffs…
Q1. The World Economic Forum (WEF) Annual Meeting 2026 was held in which location? A. Geneva, SwitzerlandB. Zurich, SwitzerlandC. Davos, SwitzerlandD. Basel, Switzerland Answer: C. Davos, Switzerland Q2. Which major trade agreement was finalised by India in January 2026 to boost exports and reduce tariffs? A. India-UK CEPAB. India-EU Free Trade AgreementC. India-ASEAN Trade PactD….
Q1. India and the European Union finalised a landmark Free Trade Agreement on 27 January 2026. This agreement is significant because it creates a trade bloc covering approximately what share of global GDP? A. Around 15%B. Around 18%C. Around 22%D. Around 25% ✅ Answer: D. Around 25% Q2. The India-EU Free Trade Agreement is expected…
Q1. India celebrated which Republic Day on 26 January 2026? A. 74thB. 75thC. 76thD. 77th ✅ Answer: D. 77th Q2. Who presided over the Republic Day 2026 celebrations at Kartavya Path, New Delhi? A. Narendra ModiB. Ram Nath KovindC. Droupadi MurmuD. Jagdeep Dhankhar ✅ Answer: C. Droupadi Murmu Q3. Which two European leaders attended India’s…
Q1. Which Republic Day of India was celebrated on 26 January 2026? A. 75th Republic DayB. 76th Republic DayC. 77th Republic DayD. 78th Republic Day Answer: C. 77th Republic Day Q2. Who unfurled the National Flag at Kartavya Path, New Delhi on Republic Day 2026? A. Prime Minister Narendra ModiB. Vice-President Jagdeep DhankharC. President Droupadi…
Q1. India will celebrate which Republic Day on 26 January 2026? A. 75th Republic DayB. 76th Republic DayC. 77th Republic DayD. 78th Republic Day Answer: C. 77th Republic Day Q2. Which two international leaders were invited as Chief Guests for India’s Republic Day 2026 celebrations? A. Emmanuel Macron and Olaf ScholzB. Ursula von der Leyen…
