MCQs 2026

The Repo Rate is a key monetary policy instrument used by the RBI. It is the rate at which the RBI lends money to commercial banks against government securities, influencing liquidity and interest rates in the economy. Fiscal Deficit Targeting and GST are fiscal policy tools, while Public Debt Management is a separate function.

The primary objective of the Monetary Policy Committee (MPC) of the RBI is to maintain price stability while keeping in mind the objective of growth. This is mandated by the RBI Act, 1934.

Institutional landholders are excluded from the PM-KISAN scheme. The scheme primarily targets small and marginal farmer families.

The financial benefit of ₹6,000 per year is transferred directly into the bank accounts of eligible beneficiaries through the Direct Benefit Transfer (DBT) mode.

The PM-KISAN scheme provides an annual direct income support of ₹6,000 to eligible farmer families, payable in three equal installments of ₹2,000 each.

Marine plastic pollution is a critical issue that threatens marine biodiversity, which is the central focus of International Coastal Cleanup Day.

The day focuses on cleaning up beaches and waterways to prevent plastic and other debris from harming marine life.

International Coastal Cleanup Day is held annually on the third Saturday of September to raise awareness about marine pollution.

The day is dedicated to world peace and specifically the absence of war and violence, such as might be occasioned by a temporary ceasefire in a combat zone.

The United Nations General Assembly declared the International Day of Peace as a day devoted to strengthening the ideals of peace.