MCQs - 2026-08

'Vajra Prahar' is specifically designed for the special forces units of both India and the United States to train together.

The exercise aims to share best practices and enhance interoperability between the special forces of both nations in counter-terrorism and special operations scenarios.

'Vajra Prahar' is a joint special forces exercise focusing on counter-terrorism and special operations, enhancing interoperability between the special forces of both nations.

GSAT-32 is an Indian satellite project, with ISRO being the responsible agency.

ISRO is planning to launch the GSAT-32 satellite in early September 2026.

The Indian Space Research Organisation (ISRO) is the agency responsible for space missions in India and is gearing up for the GSAT-32 launch.

Interest subvention on export credit (e.g., pre-shipment and post-shipment credit) is a common incentive provided by the government to reduce the cost of borrowing for exporters, making their products more competitive. Other common incentives include duty remission schemes and tax benefits.

The Ministry of Commerce and Industry is the nodal ministry responsible for India's foreign trade policy, including the formulation and implementation of various schemes to promote exports.

Government schemes to boost exports are designed to make domestic products more competitive in international markets, thereby increasing India's share in global trade and earning foreign exchange.

Maintaining a "status quo" means that the Monetary Policy Committee has decided to keep the key policy rates, such as the repo rate, reverse repo rate, and bank rate, unchanged from their previous levels.