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….
National Affairs (India) Union Government Reviews Economic Performance of FY 2025 India’s GDP growth for FY 2024–25 projected at 7.1%, driven by manufacturing, infrastructure spending, and domestic consumption. Gross Tax Revenue crossed ₹34.8 lakh crore, reflecting improved GST and direct tax compliance. Fiscal deficit contained at 5.6% of GDP, aligning with medium-term fiscal consolidation targets….
National Affairs (India) Union Government Reviews Fiscal Consolidation Roadmap The Ministry of Finance reaffirmed its commitment to reduce the fiscal deficit to below 4.5% of GDP by FY 2026. Gross tax revenue collection for FY 2025–26 (till November 2025) crossed ₹21.4 lakh crore, reflecting steady growth in GST and direct taxes. Capital expenditure focus remains…
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…
📝 (MCQs with Answers) 1. Who has been appointed as the new Executive Director of the Reserve Bank of India (RBI) effective 1 December 2025? A. Dr. Michael PatraB. CA Usha JanakiramanC. M. Rajeshwar RaoD. R. Lakshmi PriyaAnswer: B. CA Usha Janakiraman 2. The IMF has reclassified India’s exchange-rate regime to which of the following…
International News World Court Climate Change Advisory Opinion The International Court of Justice (ICJ) delivered a landmark advisory opinion on 23.07.2025, declaring climate change an “urgent and existential threat” The court stated that countries failing to protect the planet from climate change could violate international law Judge Yuji Iwasawa emphasized that greenhouse gas emissions are…
