The SSLV-D3 mission, which carried the EOS-08 satellite, marked the final development flight of which ISRO program?
A Small Satellite Launch Vehicle (SSLV) program
B Gaganyaan human spaceflight program
C Reusable Launch Vehicle (RLV) program
D Chandrayaan lunar exploration program
Answer: A
The SSLV-D3 mission was the third and final development flight of the SSLV program, successfully transitioning the vehicle to operational status.
62.
What is the primary objective of the EOS-08 satellite mission launched by ISRO?
A To provide high-resolution lunar surface mapping
B To demonstrate new technologies for microsatellites and remote sensing
C To establish a dedicated communication link for deep space exploration
D To monitor solar radiation levels in the Earth's ionosphere
Answer: B
EOS-08 is designed to demonstrate technologies for microsatellites, including a new bus system, and to incorporate payloads for remote sensing and disaster monitoring.
63.
Which launch vehicle was utilized by ISRO for the successful deployment of the latest Earth Observation Satellite (EOS-08) in August 2024?
A PSLV-C59
B SSLV-D3
C LVM3-M4
D GSLV-F14
Answer: B
The EOS-08 satellite was successfully launched by ISRO using the Small Satellite Launch Vehicle (SSLV-D3) from the Satish Dhawan Space Centre, Sriharikota.
64.
When discussing India's GDP growth in Q2 FY27, what does the term 'FY27' refer to?
A The calendar year 2027.
B The fiscal year starting from April 1, 2027, to March 31, 2028.
C The fiscal year starting from April 1, 2026, to March 31, 2027.
D The period of 27 months from the start of the current fiscal year.
Answer: C
In India, the fiscal year (FY) runs from April 1st to March 31st. Therefore, FY27 refers to the financial year that began on April 1, 2026, and will end on March 31, 2027. Q2 FY27 would be July 1, 2026, to September 30, 2026.
65.
A surge in India's GDP growth in Q2 FY27 is often linked to increased domestic demand. Which of the following indicators would best reflect this increase in domestic demand?
A Rise in the country's foreign exchange reserves.
B Increase in the Index of Industrial Production (IIP).
C Growth in exports of goods and services.
D Decline in inflation rates.
Answer: B
The Index of Industrial Production (IIP) measures the growth in the volume of production of various industries in the economy. An increase in IIP directly reflects higher manufacturing and industrial output, which is a strong indicator of robust domestic demand for goods.
66.
India's GDP growth rate for the second quarter (Q2) of the Financial Year 2026-27 (FY27) has been reported as robust. Which of the following sectors is typically a major contributor to such growth?
A Agriculture
B Services
C Mining and Quarrying
D Forestry and Fishing
Answer: B
The Services sector, encompassing IT, finance, trade, hospitality, etc., is consistently the largest contributor to India's GDP and a primary driver of its growth, especially during periods of economic expansion.
67.
Under the proposed stricter norms by SEBI for Investment Advisors in 2026, what is a potential consequence for an IA found to be in breach of fiduciary duty?
A A mandatory mentorship program with senior advisors.
B Temporary suspension or permanent debarment from practicing.
C A requirement to offer free advisory services for a year.
D A public apology to the affected client.
Answer: B
Breach of fiduciary duty is a serious offense. SEBI's stricter norms are likely to include severe penalties, such as temporary suspension or permanent debarment from acting as an Investment Advisor, to deter misconduct and protect investors.
68.
SEBI's proposed stricter norms for Investment Advisors in 2026 also focus on the 'Know Your Client' (KYC) process. What is a likely enhancement in this area?
A Reducing the frequency of KYC updates for existing clients.
B Allowing verbal confirmation for certain KYC details.
C Mandating a more robust verification of client's risk profiling and financial goals.
D Simplifying the documentation required for initial client onboarding.
Answer: C
Stricter norms often involve enhancing due diligence. SEBI is likely proposing a more rigorous verification of a client's risk profile and financial objectives to ensure that the advice provided is truly suitable and aligned with the client's specific needs and capacity.
69.
In 2026, SEBI has proposed stricter norms for Investment Advisors (IAs). Which of the following is a key proposed change aimed at enhancing client protection?
A Reducing the minimum net worth requirement for IAs.
B Allowing IAs to receive commissions from product manufacturers.
C Mandating a cooling-off period before a client can act on advice.
D Permitting IAs to offer bundled services with other financial products.
Answer: C
A significant proposed norm by SEBI is the introduction of a cooling-off period. This aims to give clients adequate time to reflect on the advice received and make informed decisions without immediate pressure, thereby enhancing client protection.
70.
According to the RBI's enhanced digital lending framework in 2026, which entity is primarily responsible for ensuring that all outsourced activities by a Digital Lending App (DLA) comply with the guidelines?
A The third-party vendor performing the outsourced activity.
B The borrower availing the digital loan.
C The Digital Lending App (DLA) itself.
D The Reserve Bank of India (RBI).
Answer: C
The RBI's guidelines clearly state that the Digital Lending App (DLA) remains ultimately responsible for ensuring that any activities outsourced to third parties also comply with the digital lending framework. The DLA cannot abdicate its regulatory responsibility.
