Current Affairs & MCQs
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MCQs 2026

51.
What is the primary purpose of the NavIC (Navigation with Indian Constellation) system, for which NVS-03 is an advanced satellite?
A Global satellite internet access
B Indigenous navigation and positioning services for India
C Earth observation and weather forecasting
D Deep space communication
52.
Despite global economic uncertainties, what is the general consensus regarding India's economic performance in the near future?
A Significant slowdown expected
B Moderate growth with potential headwinds
C Continued robust growth compared to peers
D Economic contraction due to external shocks
53.
What is a key factor contributing to India's resilient economic growth outlook, according to various reports?
A Declining inflation rates
B Strong government capital expenditure
C Reduced global trade tensions
D Significant increase in foreign direct investment
54.
Which international financial institution recently projected India's GDP growth at 6.7% for the fiscal year 2024-25, citing resilient domestic demand?
A International Monetary Fund (IMF)
B World Bank
C Asian Development Bank (ADB)
D Organisation for Economic Co-operation and Development (OECD)
55.
What is the primary reason for the significant increase in the RBI's surplus transfer in the current fiscal year?
A Increased foreign exchange reserves
B Improved performance of public sector banks
C Higher income from open market operations and valuation gains
D Reduced expenditure on monetary policy implementation
56.
Which committee's recommendations are generally followed for determining the dividend payout by the RBI to the government?
A Narasimham Committee
B Bimal Jalan Committee
C Urjit Patel Committee
D Raghuram Rajan Committee
57.
What is the record amount of surplus that the Reserve Bank of India (RBI) has approved to be transferred to the Central Government for the fiscal year 2023-24?
A β‚Ή1.20 lakh crore
B β‚Ή1.50 lakh crore
C β‚Ή2.10 lakh crore
D β‚Ή1.00 lakh crore
58.
The India-EU FTA includes provisions for which of the following?
A Intellectual Property Rights (IPR) protection
B Abolition of the Indian Constitution
C Mandatory adoption of the Euro in India
D Direct control of EU over Indian tax policy
59.
Which sector is expected to benefit significantly from the India-EU FTA?
A Agriculture and Textiles
B Space Exploration
C Deep Sea Mining
D Nuclear Energy Production
60.
What is the primary goal of the India-EU Free Trade Agreement (FTA)?
A To merge the currencies of India and the EU
B To eliminate tariffs and reduce trade barriers between the two regions
C To establish a common military defense pact
D To restrict the movement of skilled professionals