MCQs 2026

The Varuna exercise is a bilateral naval exercise aimed at strengthening maritime cooperation and operational synergy between the two nations.

The Varuna 2026 naval exercise between the Indian Navy and the French Navy was held in the Arabian Sea to enhance interoperability.

The historic first mid-air refuelling of the Tejas LCA took place over the airspace of Gwalior, India.

The first mid-air refuelling of Tejas LCA was carried out from an Indian Air Force (IAF) Ilyushin Il-78 MKI tanker aircraft.

The Tejas LCA successfully completed its first mid-air refuelling on September 4, 2018, marking a significant milestone in its development.

The Ministry of Electronics and Information Technology (MeitY) is the nodal ministry responsible for the PLI scheme for semiconductors and electronics manufacturing in India.

The expansion of the PLI scheme for semiconductors aims to build a robust domestic ecosystem, reduce import dependence, and position India as a global hub for semiconductor manufacturing and design.

The government has actively been promoting the semiconductor ecosystem through various initiatives, including the expansion of the PLI scheme to encourage domestic manufacturing and R&D.

The Monetary Policy Committee (MPC) is the body constituted by the Central Government under Section 45ZB of the RBI Act, 1934, to regulate inflation and decide on the policy repo rate.

The RBI's mandate is to maintain price stability while keeping in mind the objective of growth. Keeping the repo rate steady at 6.5% in September 2026 indicates a focus on managing inflation without stifling economic recovery.