MCQs 2026

The RBI's Monetary Policy Committee (MPC) in its October 2026 review decided to keep the repo rate unchanged at 6.5%.

Free Trade Agreements primarily focus on economic aspects like tariffs, services, investment, intellectual property, and increasingly, sustainable development and labor standards. Space exploration and military cooperation are typically part of broader strategic dialogues, not core FTA negotiations.

The negotiations for the India-EU Broad-based Trade and Investment Agreement (BTIA) officially resumed in June 2022, after being stalled since 2013.

The comprehensive trade agreement between India and the European Union is officially known as the Broad-based Trade and Investment Agreement (BTIA). Negotiations for this agreement resumed in 2022.

The UN Security Council consists of 15 members: 5 permanent members and 10 non-permanent members elected for two-year terms by the General Assembly. This structure remains unchanged as of 2026, as reforms are still under discussion.

The veto power held by the five permanent members (China, France, Russia, the United Kingdom, and the United States) is widely considered the most significant obstacle to any substantive reform of the UN Security Council, as any change requires their approval.

The G4 nations (India, Brazil, Germany, and Japan) are a group of four countries that support each other's bids for permanent seats on the United Nations Security Council. They advocate for the expansion of both permanent and non-permanent categories of membership.

The amendment aimed to create a multi-pronged approach to grievance redressal, incorporating digital platforms, community involvement, and accessible communication channels to ensure timely resolution of issues faced by beneficiaries.

The amendment specifically focused on strengthening the old-age pension component of the NSAP, leading to increased payouts and potentially wider coverage for senior citizens.

The amendment to the NSAP Act in 2026 aimed to broaden the reach of social security benefits by revising eligibility criteria, making more elderly, widows, and persons with disabilities eligible for assistance.