MCQs 2026

The Monetary Policy Committee (MPC) is mandated by the RBI Act, 1934, to determine the policy repo rate required to meet the inflation target while keeping in mind the objective of growth.

In its October 2026 policy review, the Reserve Bank of India's Monetary Policy Committee decided to keep the policy repo rate unchanged at 6.5%.

PMAY-U has four verticals: In-situ Slum Redevelopment (ISSR), Credit Linked Subsidy Scheme (CLSS), Affordable Housing in Partnership (AHP), and Beneficiary-led Construction/Enhancement (BLC/BLCE). Providing housing to rural landless households falls under PMAY-Gramin, not PMAY-Urban.

The Ministry of Housing and Urban Affairs (MoHUA) is the nodal ministry for the implementation of the Pradhan Mantri Awas Yojana - Urban (PMAY-U).

The Pradhan Mantri Awas Yojana - Urban (PMAY-U) was launched by the Government of India on June 25, 2015, with the objective of 'Housing for All' in urban areas.

PMKVY 4.0 places a strong emphasis on industry partnerships and providing on-the-job training opportunities to make the skilled workforce more industry-ready and enhance employability, a feature that has been progressively strengthened across PMKVY versions.

The Ministry of Skill Development and Entrepreneurship (MSDE) is the nodal ministry for the implementation of the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) scheme, overseeing its various phases and initiatives.

PMKVY 4.0, announced in the Union Budget 2023-24, focuses on skilling youth in new-age courses like AI, Robotics, Mechatronics, IoT, Drones, and soft skills, with a significant emphasis on green skills to meet the demands of the future job market.

UN Women, along with other UN agencies and civil society, plays a key role in advocating for and observing the International Day of the Girl Child.

The day aims to amplify the voices of girls and advocate for their rights, focusing on gender equality and empowerment.