MCQs 2026

The Monetary Policy Committee (MPC) is mandated by the Reserve Bank of India Act, 1934, to determine the policy repo rate required to meet the inflation target.

The Reserve Bank of India's Monetary Policy Committee (MPC) decided in its August 2026 review to keep the policy repo rate unchanged at 6.5%.

Modern skill development initiatives, especially a '2.0' version, typically aim for better integration of vocational training with the formal education system and aligning skills with the evolving demands of various industries to ensure higher employability.

Given the name 'Kaushal Bharat Abhiyan' and its launch by the Ministry of Skill Development and Entrepreneurship, its primary objective would be to further strengthen vocational training, impart industry-relevant skills, and improve the employability of the Indian workforce.

As per the topic title, 'Kaushal Bharat Abhiyan 2.0' is launched by the Ministry of Skill Development and Entrepreneurship, which is the nodal ministry for skill development in India.

PMAY-G specifically targets homeless households and those living in kutcha (temporary) or dilapidated houses in rural areas, aiming to provide them with safe and dignified housing. This focus would remain central to Phase III.

The core objective of PMAY-G, since its inception, has been to provide financial assistance to eligible rural households for the construction of pucca houses with basic amenities. Phase III would continue this fundamental goal.

The Pradhan Mantri Gramin Awas Yojana (PMAY-G) is a flagship scheme aimed at providing housing for all in rural areas. It falls under the purview of the Ministry of Rural Development. Phase III would continue under the same ministry.

The core idea behind the International Day of Friendship is to build bridges between communities and nations, fostering peace and mutual respect.

The International Day of Friendship was proclaimed by the General Assembly on April 27, 2011, through resolution 65/275.