Q1. According to the RBI’s Financial Stability assessment, what is the major systemic risk highlighted for the Indian financial sector in 2026? A. Rising inflation in rural marketsB. High exposure of banks to agriculture loansC. Tight financial linkages between banks and NBFCsD. Decline in foreign direct investment Correct Answer: C. Tight financial linkages between banks…
Q1. What was India’s projected GDP growth rate for FY 2024–25 as reviewed by the Union Government? A) 6.5% B) 6.8% C) 7.1% D) 7.6% Correct Answer: C) 7.1% Q2. What was the fiscal deficit of India as a percentage of GDP in FY 2024–25? A) 6.1% B) 5.6% C) 5.2% D) 4.9% Correct Answer:…
Q1. As of December 2025, India’s gross tax collections crossed which of the following figures? A. ₹21.5 lakh croreB. ₹22.9 lakh croreC. ₹23.8 lakh croreD. ₹25.2 lakh crore Correct Answer: C. ₹23.8 lakh crore Q2. By November 2025, UPI recorded more than how many transactions in a single month? A. 12 billionB. 13.5 billionC. 15…
Q1. Which mission was launched to integrate digital governance platforms across 100 Indian cities? A) Digital India Cities MissionB) National Urban Digital Infrastructure MissionC) Smart Governance Integration SchemeD) Urban Technology Advancement Programme Correct Answer: B) National Urban Digital Infrastructure Mission Q2. The Atal Setu Multi-Modal Logistics Hub inaugurated in December 2025 is located in which…
Q1. Which Indian Prime Minister was conferred the Order of Oman, the highest civilian award of Oman, in December 2025? A. Manmohan SinghB. Atal Bihari VajpayeeC. Narendra ModiD. Ram Nath Kovind Correct Answer: C. Narendra Modi Q2. India and Oman signed an expanded Comprehensive Economic Partnership Agreement (CEPA) in December 2025 to strengthen cooperation in…
Q1. The Reserve Bank of India recently revised norms for Current Account, CC and OD accounts. What is the revised threshold limit for restrictions under the new RBI guidelines? A. ₹5 croreB. ₹7.5 croreC. ₹10 croreD. ₹15 crore Answer: C. ₹10 crore Q2. India’s foreign exchange reserves reached USD 687.26 billion during the week ending…
Q1. The National Digital Credit Framework launched by the Government of India primarily aims to improve credit access for which group? A. Large multinational corporationsB. Public sector undertakingsC. MSMEs, small traders, and self-employed individualsD. Foreign investors Correct Answer: C. MSMEs, small traders, and self-employed individuals Q2. Which key feature was added in the expanded pilot…
Q1. Which institution emphasized the need for enhanced cyber resilience in banks due to rising digital transactions in India? A. Ministry of FinanceB. Reserve Bank of IndiaC. NITI AayogD. Securities and Exchange Board of India Correct Answer: B. Reserve Bank of India Q2. The Government of India reviewed credit growth and asset quality primarily with…
Q1. Which national initiative integrates infrastructure planning across ministries using GIS-based technology in India? A. Digital India MissionB. PM Gati Shakti National Master PlanC. National Infrastructure PipelineD. Make in India Programme Correct Answer: B. PM Gati Shakti National Master Plan Q2. Which institution is primarily responsible for managing inflation and liquidity in the Indian economy?…
1. The RBI recently reduced the repo rate by how many basis points in its latest monetary policy? A. 10 bpsB. 15 bpsC. 25 bpsD. 50 bpsAnswer: C. 25 bps 2. After the recent market movements, the Indian rupee weakened to approximately what level against the US dollar? A. ₹88.50B. ₹89.25C. ₹90.07D. ₹91.10Answer: C. ₹90.07…
