Current Affairs & MCQs
Latest Questions, Daily Updates & More
1.
Which department is the nodal agency for notifying Foreign Direct Investment (FDI) policy changes in India?
A Department of Economic Affairs (DEA)
B Department for Promotion of Industry and Internal Trade (DPIIT)
C Directorate General of Foreign Trade (DGFT)
D NITI Aayog
2.
The government is considering easing FDI norms to specifically support which of the following initiatives?
A National Green Hydrogen Mission
B Digital India Mission
C PM-KUSUM Scheme
D Smart Cities Mission
3.
What is the current maximum limit for Foreign Direct Investment (FDI) under the automatic route in India's Renewable Energy sector?
A 49%
B 74%
C 100%
D 51%
4.
In the context of the Liquidity Adjustment Facility (LAF), what constitutes the 'corridor' for interest rates?
A Repo Rate and Reverse Repo Rate
B MSF Rate and Standing Deposit Facility (SDF) Rate
C Bank Rate and CRR
D SLR and Repo Rate
5.
Which of the following instruments is used by the RBI to absorb surplus liquidity from the banking system?
A Variable Rate Repo (VRR)
B Marginal Standing Facility (MSF)
C Variable Rate Reverse Repo (VRRR)
D Bank Rate
6.
What is the primary objective of the RBI's Liquidity Management Framework?
A To fix the exchange rate of the Rupee
B To align the Weighted Average Call Rate (WACR) with the Repo Rate
C To maximize the profits of commercial banks
D To manage the government's fiscal deficit
7.
Which of the following ASEAN member states is NOT a claimant in the South China Sea disputes?
A Philippines
B Vietnam
C Brunei
D Laos
8.
What is the primary purpose of the Declaration on the Conduct of Parties in the South China Sea (DOC), signed between ASEAN and China?
A To establish a joint military force in the region.
B To resolve all territorial disputes definitively.
C To promote peace, stability, and confidence-building measures.
D To allow unrestricted navigation for all countries.
9.
Which international convention is often cited by ASEAN nations regarding maritime claims in the South China Sea?
A Geneva Conventions
B Vienna Convention on the Law of Treaties
C United Nations Convention on the Law of the Sea (UNCLOS)
D Kyoto Protocol
10.
The India-EU Connectivity Partnership aims to promote sustainable connectivity in which regions?
A Indo-Pacific and Africa
B Europe and North America
C South America and Antarctica
D Central Asia and Arctic