MCQs 2026

Unlike UPI, which is a payment system facilitating bank-to-bank transfers, the e-Rupee is a digital token representing legal tender issued directly by the RBI.

The e-Rupee is a digital form of currency notes issued by the RBI, classified as a Central Bank Digital Currency (CBDC).

The Repo Rate is the primary policy rate used by the RBI to signal the stance of monetary policy and manage liquidity.

Savings Bank Deposit rates are deregulated and determined by individual commercial banks, not by the RBI's MPC.

The RBI maintains the withdrawal of accommodation stance to ensure inflation progressively aligns with the target while supporting growth.

The PM-KISAN scheme has several exclusion criteria. These include institutional landholders, former and present holders of constitutional posts, former and present Ministers/State Ministers, former/present MPs/MLAs/MLCs, former and present Mayors of Municipal Corporations, former and present Chairpersons of District Panchayats, and certain professionals like Doctors, Engineers, Lawyers, Chartered Accountants, and Architects, as well as those who paid income tax in the last assessment year.

Under the PM-KISAN scheme, eligible farmer families receive an annual income support of Rs. 6,000, paid in three equal installments of Rs. 2,000 each.

The PM-KISAN scheme was launched in February 2019, with retrospective effect from December 2018. It is a Central Sector Scheme, meaning it is 100% funded by the Government of India.

Gir National Park and Wildlife Sanctuary in Gujarat is the sole natural habitat of the Asiatic lion, making its conservation crucial for the survival of this subspecies.

Habitat loss and fragmentation, driven by agriculture, infrastructure development, and human settlements, is the most significant threat to lion populations, leading to reduced prey, increased human-wildlife conflict, and genetic isolation.