Current Affairs & MCQs
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MCQs 2026

381.
The National Green Hydrogen Mission aims to:
A Promote the use of traditional hydrogen in industries.
B Make India a global hub for green hydrogen production and export.
C Increase India's reliance on imported hydrogen.
D Restrict the development of renewable energy sources.
382.
What is India's target for non-fossil fuel-based energy capacity by the year 2030?
A 300 GW
B 450 GW
C 500 GW
D 600 GW
383.
The National Payments Corporation of India (NPCI) plays a crucial role in:
A Setting interest rates for commercial banks.
B Regulating the stock market.
C Developing and operating retail payment systems like UPI and RuPay.
D Issuing new currency notes.
384.
What does CBDC stand for in the context of digital currencies?
A Centralized Bank Digital Currency
B Commercial Bank Digital Currency
C Central Bank Digital Currency
D Community Bank Digital Currency
385.
Which of the following is a significant challenge facing India's digital payments ecosystem?
A Excessive government regulation hindering innovation.
B Low adoption rates among the urban population.
C Cybersecurity threats and the digital divide.
D Lack of interoperability between payment systems.
386.
The primary objective of initiatives like 'Digital India' in the context of payments is to:
A Increase the circulation of physical currency.
B Promote digital literacy and access to digital services, including payments.
C Restrict online financial transactions.
D Encourage the use of cheques for all transactions.
387.
Which of the following is a key payment system developed in India that has revolutionized mobile-based transactions?
A SWIFT
B RTGS
C NEFT
D Unified Payments Interface (UPI)
388.
The term 'withdrawal of accommodation' in monetary policy typically signifies:
A An expansionary monetary policy stance.
B A neutral monetary policy stance.
C A tightening monetary policy stance, aiming to reduce liquidity.
D A focus solely on increasing economic growth.
389.
The current inflation target band for the RBI is generally considered to be:
A 0-2%
B 2-6%
C 4-8%
D 6-10%
390.
If the RBI's MPC decides to increase the policy repo rate, what is the most likely immediate effect on the economy?
A Increased liquidity and lower borrowing costs.
B Reduced liquidity and higher borrowing costs for consumers and businesses.
C Stimulated investment and consumption.
D Decreased inflation due to increased money supply.