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. 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%…
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…
🔹 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…
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…
Q1. India celebrated which Republic Day on 26 January 2026? A. 74thB. 75thC. 76thD. 77th ✅ Answer: D. 77th Q2. Who presided over the Republic Day 2026 celebrations at Kartavya Path, New Delhi? A. Narendra ModiB. Ram Nath KovindC. Droupadi MurmuD. Jagdeep Dhankhar ✅ Answer: C. Droupadi Murmu Q3. Which two European leaders attended India’s…
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. Who was elected unopposed as the National President of the Bharatiya Janata Party on 20 January 2026? A. Bhupender YadavB. J.P. NaddaC. Nitin NabinD. Dharmendra Pradhan Correct Answer: C. Nitin Nabin Q2. The World Economic Forum Annual Meeting 2026 is being held in which country and city? A. Geneva, SwitzerlandB. Zurich, SwitzerlandC. Davos, SwitzerlandD….
Q1. According to the IMF’s latest forecast, what is India’s projected GDP growth rate for FY 2025–26? A. 6.8%B. 7.0%C. 7.3%D. 7.8% Correct Answer: C. 7.3% Q2. Who was elected unopposed as the National President of the Bharatiya Janata Party in January 2026? A. J. P. NaddaB. Amit ShahC. Dharmendra PradhanD. Nitin Nabin Correct Answer:…
