MCQs 2026

MIRV technology allows a single ballistic missile to carry multiple warheads, each capable of being directed to a different target. This significantly enhances the missile's strike capability and ability to overcome missile defense systems.

The Defence Research and Development Organisation (DRDO) is the premier agency of the Government of India, charged with the military's research and development, and is responsible for the development of various missile systems, including the Agni series.

Agni-VI is a proposed Intercontinental Ballistic Missile (ICBM) under development by India. Its estimated maximum range, as per design specifications, is between 8,000 and 12,000 kilometers, making it capable of reaching targets across continents.

Fiscal incentives often include measures like tax breaks, subsidies, or reduced compliance costs. A reduction in corporate tax rates for manufacturing firms is a common form of fiscal incentive.

Fiscal incentives are typically designed to encourage domestic production, attract investment, create jobs, and boost exports, aligning with initiatives like 'Make in India'.

The announcement specifically targets the manufacturing sector to encourage domestic production and investment.

The Monetary Policy Committee (MPC) is responsible for setting the policy repo rate in India.

The RBI's mandate is to ensure price stability while keeping in mind the objective of growth. Maintaining the repo rate at 6.5% reflects a balance between controlling inflation and supporting economic activity.

The RBI's Monetary Policy Committee (MPC) in its July 2026 meeting kept the policy repo rate unchanged at 6.50%.

The Adaptation Fund (AF) was established under the Kyoto Protocol and serves the Paris Agreement. It finances concrete adaptation projects and programmes in developing countries that are particularly vulnerable to the adverse effects of climate change. While GCF and GEF also support adaptation, AF is specifically dedicated to it.