MCQs - 2026-06

The indigenous rubidium atomic clock in NVS satellites ensures high precision in timekeeping, which is critical for accurate positioning and navigation.

ISRO uses the GSLV (Geosynchronous Satellite Launch Vehicle) to place the heavy NVS navigation satellites into their intended orbit.

The NVS series of satellites are the next-generation satellites for the NavIC (Navigation with Indian Constellation) system, replacing the older IRNSS satellites.

Digital payments make financial services more accessible to a larger population, leading to greater financial inclusion. Digital trails also enhance transparency and reduce the scope for illicit transactions.

Government policies like demonetization, promotion of UPI, and efforts towards financial inclusion have significantly boosted digital payment adoption in India.

High growth in digital payments directly correlates with more individuals and businesses using platforms like UPI, credit/debit cards, net banking, and mobile wallets for transactions.

Export promotion schemes are designed to enhance the competitiveness of Indian goods and services in international markets, thus benefiting sectors that are already export-oriented or have the potential to become so.

Export promotion schemes often provide support in areas like financing, market intelligence, trade facilitation, and reducing compliance burdens to make exports more competitive.

The name 'Niryat Sahyog Yojana' itself suggests 'Export Cooperation Scheme', indicating its focus on boosting India's export performance.

When inflation is stable and growth is robust, the central bank has more flexibility. Maintaining the repo rate indicates a cautious approach, avoiding sudden shocks to the economy while supporting continued growth.