Q1. India recently paid its contribution to the United Nations Regular Budget for 2026. What was the amount paid? A. USD 28.40 millionB. USD 31.75 millionC. USD 35.18 millionD. USD 40.25 million ✅ Correct Answer: C. USD 35.18 million Q2. India’s contribution to the UN Regular Budget 2026 accounts for what percentage of the total…
📝 Q1. Who was sworn in as the Chief Minister of Manipur after the revocation of President’s Rule in February 2026? A. N. Biren SinghB. Yumnam Khemchand SinghC. Okram Ibobi SinghD. Thongam Biswajit Singh ✅ Answer: B. Yumnam Khemchand Singh Q2. Which national initiative was conducted by the Prime Minister of India on 06 February…
Q1. What is the estimated gross market borrowing planned by the Government of India for FY 2026–27? A. ₹14.2 trillionB. ₹15.8 trillionC. ₹16.5 trillionD. ₹17.2 trillion ✅ Answer: D. ₹17.2 trillion Q2. What is the primary objective of the Public Sector Banks (PSB) Conclave planned by the Government in February 2026? A. Merging small banksB….
Q1. India and the United States finalized a major trade agreement on 03.02.2026. What is the revised average tariff rate on Indian exports to the U.S. after the agreement? A. 10%B. 18%C. 25%D. 30% ✅ Answer: B. 18% Q2. Under the India-US trade agreement, India committed to purchasing goods worth approximately how much from the…
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….
