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…
1. National Affairs (India) 1.1 Union Budget 2026–27 Highlights Union Budget 2026–27 presented on 01 February 2026 by the Union Finance Minister of India. Fiscal Deficit Target: Approximately 4.5% of GDP, aligned with medium-term fiscal consolidation. Capital Expenditure Allocation: Increased by over 10%, focusing on railways, highways, and digital infrastructure. Agriculture & Rural Development: Enhanced…
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…
🔹 National Affairs (India) The Union Government approved a ₹18,500 crore National Logistics Efficiency Enhancement Programmeaimed at reducing India’s logistics cost from 13–14% of GDP to below 9% by 2030, aligning with global benchmarks. The Ministry of Education launched “AI Skilling for Bharat”, targeting training of 1 crore students in artificial intelligence and data analytics…
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…
🌐 International Affairs 1. India–European Union Landmark Free Trade Agreement India and the European Union (EU) concluded a historic Free Trade Agreement (FTA) on 27 January 2026, described by leaders as the “mother of all deals”. The FTA is aimed at liberalising trade in goods and services between India and the 27 EU member states,…
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….
Global & International Affairs 56th World Economic Forum concluded in Davos (19–23 Jan 2026) Annual global economic summit held at Davos, Switzerland, focused on global growth, innovation, sustainability, and cooperation. Major discussions involved geopolitical tensions, trade, climate finance, and technological governance. Key world leaders and business chiefs participated to shape policy responses for global challenges….
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…
🇮🇳 NATIONAL AFFAIRS 1. India-EU Landmark Free Trade Agreement India and the European Union (EU) finalised a Free Trade Agreement (FTA) on 27 January 2026 after nearly two decades of negotiations. The deal is described as the “mother of all trade deals”, creating a free trade zone covering ~2 billion people and about 25% of…
