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. 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…
Q1. Which Indian Prime Minister held high-level bilateral talks with the UAE leadership in January 2026 to strengthen strategic and economic cooperation?A. Atal Bihari VajpayeeB. Manmohan SinghC. Narendra ModiD. Rajnath Singh Correct Answer: C. Narendra Modi Q2. The World Economic Forum Annual Meeting 2026 is being held at which location?A. GenevaB. New YorkC. ParisD. Davos…
Q1. The Reserve Bank of India announced tighter foreign exchange risk norms for banks. From which date will these norms be implemented? A. 1 April 2026B. 1 July 2026C. 1 April 2027D. 1 January 2027 Correct Answer: C. 1 April 2027 Q2. Which institution released the official recruitment calendar for the 2026–27 cycle covering PO,…
Q1. Which institution signed an MoU with the Government of NCT of Delhi to manage its banking and public debt operations effective January 2026? A. State Bank of IndiaB. Ministry of FinanceC. Reserve Bank of IndiaD. NITI Aayog Answer: C. Reserve Bank of India Q2. The RBI–Delhi MoU primarily aims to improve which of the…
Q1. According to the UN-DESA World Economic Situation and Prospects (WESP) 2026 report, what is the projected GDP growth rate of India for the year 2026? A. 6.2%B. 6.4%C. 6.6%D. 7.0% Correct Answer: C. 6.6% Q2. Which international conference is scheduled to be hosted by India from 21–23 January 2026 in New Delhi? A. Global…
Q1. Which institution assumed responsibility for banking operations and public debt management of the Delhi government from January 2026? A. State Bank of IndiaB. Ministry of FinanceC. Reserve Bank of IndiaD. NITI Aayog Correct Answer: C. Reserve Bank of India Q2. How many Non-Banking Financial Companies (NBFCs) had their Certificates of Registration cancelled by the…
Q1. What is the target for monthly digital transactions under the National Digital Payments Expansion Programme 2026? A. 8 billion transactionsB. 9.5 billion transactionsC. 10 billion transactionsD. 12 billion transactions Answer: C. 10 billion transactions Q2. India’s fiscal deficit for April–November FY 2025–26 stood at what percentage of the full-year target? A. 48.6%B. 56.2%C. 61.9%D….
Q1. Which state government is expected to announce its final decision on the restoration of the Old Pension Scheme (OPS) on 3 January 2026? A) KeralaB) KarnatakaC) Tamil NaduD) Andhra Pradesh Correct Answer: C) Tamil Nadu Q2. Which of the following airlines received a No Objection Certificate (NOC) from the Government of India to start…
Q1. According to RBI stress tests released in January 2026, what is the projected Gross NPA ratio of Indian banks by March 2027? A. 2.9%B. 2.5%C. 1.9%D. 1.5% Correct Answer: C. 1.9% Q2. Which category of financial institutions has been highlighted by RBI as facing rising asset-quality risks in 2026? A. Cooperative BanksB. Microfinance InstitutionsC….
