MCQs on Entertainment Current Affairs

1291.

The Gaganyaan mission aims to send Indian astronauts to which orbit?

A Geostationary Orbit

B Low Earth Orbit (LEO)

C Sun-Synchronous Orbit

D Lunar Orbit

1292.

What is the primary fuel used in ISRO's cryogenic engines?

A Liquid Hydrogen

B Liquid Nitrogen

C Solid Propellant

D Kerosene

1293.

Which cryogenic engine is being tested by ISRO for the Gaganyaan mission?

A CE-7.5

B CE-20

C Vikas Engine

D Scramjet Engine

1294.

What is the effective corporate tax rate for existing domestic companies that opt for the regime under Section 115BAA (without exemptions)?

A 15%

B 25%

C 22% (plus applicable surcharge and cess)

D 30%

1295.

What is the primary goal of the government in reviewing and simplifying the corporate tax framework for manufacturing?

A To discourage foreign direct investment

B To increase the complexity of tax compliance

C To boost domestic production and make India a global manufacturing hub

D To phase out the 'Make in India' initiative

1296.

Under which section of the Income Tax Act was the 15% concessional corporate tax rate introduced for new domestic manufacturing companies?

A Section 115BAA

B Section 115BAB

C Section 80IA

D Section 10AA

1297.

When the RBI maintains a 'Withdrawal of Accommodation' stance, it implies:

A Reducing the money supply to control inflation

B Increasing the money supply to boost consumption

C Keeping interest rates at the lowest possible level

D Eliminating all taxes on banking transactions

1298.

Which of the following best describes the 'Repo Rate'?

A The rate at which RBI borrows money from commercial banks

B The rate at which commercial banks lend to the public

C The rate at which RBI lends money to commercial banks against securities

D The rate of interest on government bonds

1299.

What is the primary objective of the RBI's Monetary Policy Committee (MPC) when it decides to maintain the repo rate at a constant level?

A To increase the fiscal deficit

B To ensure price stability while supporting growth

C To decrease the foreign exchange reserves

D To encourage commercial banks to lend at higher rates

1300.

India's 'Indo-Pacific Oceans Initiative' (IPOI), which aligns with UNSC security goals, was first proposed at which summit?

A G20 Summit 2020

B East Asia Summit 2019

C BRICS Summit 2021

D COP26 Glasgow

MCQs - 2026-04