What is a key objective of India's Foreign Trade Policy (FTP) in boosting merchandise exports?
A To increase import dependency for critical goods.
B To reduce India's integration into global supply chains.
C To create an enabling ecosystem for businesses to increase exports.
D To prioritize domestic consumption over export promotion.
Answer: C
India's Foreign Trade Policy aims to facilitate trade, reduce transaction costs, and create a supportive and enabling environment for businesses to enhance India's share in global trade and boost exports.
1532.
Which of the following factors is most likely to contribute to robust growth in India's merchandise exports?
A Significant appreciation of the Indian Rupee against major currencies.
B Global economic slowdown and reduced demand.
C Diversification of export basket and new market access.
D Imposition of higher import tariffs by India's trading partners.
Answer: C
Diversification of the export basket and gaining access to new markets reduces reliance on specific products or regions, making exports more resilient and opening new avenues for growth. Rupee appreciation, global slowdown, and higher tariffs would generally hinder exports.
1533.
Which government scheme is primarily aimed at promoting exports from India by providing duty remission on inputs used in export products?
A Production Linked Incentive (PLI) Scheme
B Make in India Initiative
C Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme
D Startup India Initiative
Answer: C
The RoDTEP scheme aims to refund various embedded central, state, and local duties/taxes that are not rebated under other schemes, thereby making Indian exports more competitive in the global market.
1534.
Under SEBI's framework, which category of Alternative Investment Funds (AIFs) primarily invests in venture capital funds, SME funds, and infrastructure funds, often receiving incentives from the government?
A Category I AIFs
B Category II AIFs
C Category III AIFs
D Category IV AIFs
Answer: A
Category I AIFs are those which invest in start-ups, SMEs, social ventures, infrastructure, etc., and are generally considered to be 'socially desirable' by the government, often receiving incentives.
1535.
Which of the following is a likely area SEBI's stricter AIF regulations might focus on to improve governance?
A Reducing the minimum investment threshold for retail investors.
B Mandating independent valuation of AIF assets.
C Allowing AIFs to invest solely in illiquid assets without disclosure.
D Exempting Category III AIFs from reporting requirements.
Answer: B
Mandating independent valuation of AIF assets is a common regulatory measure to enhance transparency, ensure fair pricing, and improve governance, thereby protecting investors.
1536.
What is a key reason for SEBI proposing stricter regulations for Alternative Investment Funds (AIFs)?
A To reduce the overall capital available for startups.
B To enhance investor protection and transparency in AIF operations.
C To encourage unregulated foreign investments into AIFs.
D To simplify the registration process for new AIFs.
Answer: B
SEBI's proposals for stricter AIF regulations are primarily aimed at safeguarding investor interests, improving governance, and increasing transparency in the operations of these funds.
1537.
As per the enhanced framework, what is a mandatory requirement for all digital lending apps (DLAs) operating in India?
A They must be registered as a Non-Banking Financial Company (NBFC).
B They must have a physical office in every state of operation.
C They must disclose the Annual Percentage Rate (APR) to the borrower upfront.
D They must offer only collateralized loans.
Answer: C
A key requirement of the RBI's digital lending guidelines is the mandatory disclosure of the Annual Percentage Rate (APR) to the borrower upfront, ensuring transparency in the cost of the loan.
1538.
Under the RBI's digital lending guidelines, which entity is primarily responsible for the recovery of loans disbursed through a Digital Lending App (DLA)?
A The Digital Lending App (DLA) itself.
B The Lending Service Provider (LSP) associated with the DLA.
C The Regulated Entity (RE) on whose balance sheet the loan is booked.
D Any third-party collection agent appointed by the DLA.
Answer: C
The Regulated Entity (RE), such as a bank or NBFC, on whose balance sheet the loan is booked, bears the ultimate responsibility for all aspects of the loan, including recovery, even if Lending Service Providers (LSPs) are involved.
1539.
What is the primary objective of the RBI's enhanced digital lending framework?
A To promote unregulated growth of FinTech companies.
B To ensure fair lending practices and consumer protection.
C To restrict access to digital credit for small borrowers.
D To allow unregulated cross-border digital lending.
Answer: B
The primary objective of the RBI's digital lending framework is to protect borrowers from unfair practices, enhance transparency, and ensure the orderly growth of the digital lending ecosystem.
1540.
The humanitarian crisis in the Sahel has led to widespread displacement. In 2026, which of the following is a major consequence of this displacement?
A Increased agricultural productivity due to new farming techniques
B Reduced pressure on local resources and infrastructure
C Heightened food insecurity and increased strain on host communities
D A significant decrease in the spread of infectious diseases
Answer: C
Mass displacement in the Sahel exacerbates food insecurity as people lose their livelihoods and access to food. It also places immense strain on the resources and infrastructure of host communities, often leading to further tensions.
