MCQs on Sports Current Affairs: July 27, 2026

21.

What is the primary objective of the 'IndiaAI Mission' launched by the Government of India?

A To regulate social media content

B To build a scalable AI computing ecosystem

C To ban all foreign AI software

D To privatize all government data

22.

Which launch vehicle was utilized by ISRO for the deployment of its latest Earth Observation satellites in 2026?

A PSLV-C60

B GSLV Mk III

C LVM3-M4

D SSLV-D4

23.

The NISAR mission, a joint venture between ISRO and NASA, primarily utilizes which technology for Earth observation?

A Optical Imaging

B Synthetic Aperture Radar (SAR)

C Thermal Infrared Sensing

D Hyperspectral Imaging

24.

Which satellite mission was launched by ISRO in 2026 to enhance high-resolution Earth observation capabilities for disaster management?

A EOS-09

B NISAR

C RISAT-3

D Cartosat-4

25.

The 'Global Market Access Initiative' is expected to provide support in areas such as:

A Only financial assistance and subsidies.

B Market intelligence, trade facilitation, and regulatory support.

C Domestic infrastructure development only.

D Skill development for non-exporting industries.

26.

Which ministry is typically responsible for launching and overseeing export promotion schemes in India?

A Ministry of Finance

B Ministry of Commerce and Industry

C Ministry of External Affairs

D Ministry of Home Affairs

27.

The Indian government has launched a new export promotion scheme named 'Global Market Access Initiative' in early 2026. What is its primary objective?

A To provide subsidies to domestic manufacturers.

B To facilitate access for Indian goods and services to international markets.

C To reduce import duties on essential goods.

D To promote tourism within India.

28.

What is the primary objective of maintaining the repo rate at the current level by the RBI, as per recent policy statements in early 2026?

A To stimulate economic growth by reducing borrowing costs.

B To control inflation and anchor inflation expectations.

C To increase liquidity in the banking system.

D To manage the exchange rate of the Indian Rupee.

29.

Which committee of the RBI is responsible for deciding the repo rate?

A Monetary Policy Committee (MPC)

B Financial Stability and Development Council (FSDC)

C Advisory Committee on Capital Markets

D Board for Financial Supervision (BFS)

30.

As of early 2026, the Reserve Bank of India (RBI) has maintained the repo rate at what level amidst persistent inflationary concerns?

A 6.50%

B 6.75%

C 6.25%

D 6.00%

MCQs 2026