MCQs 2026

The MPC consists of six members: three officials from the RBI and three external members nominated by the Government of India.

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

NITI Aayog is the nodal agency responsible for the Aspirational Districts Programme. It monitors the progress of these districts across various indicators and works with district administrations and state governments to drive improvements.

The Aspirational Districts Programme focuses on five key developmental areas: Health and Nutrition, Education, Agriculture and Water Resources, Financial Inclusion and Skill Development, and Basic Infrastructure. Foreign Policy and Diplomacy are not part of its core focus.

The Aspirational Districts Programme, launched in 2018, aims to kickstart a process of 'import substitution' and to fulfill the aspirations of the people of India. It focuses on improving the socio-economic development of the most backward districts in the country by identifying key areas of intervention.

The Ministry of Agriculture & Farmers Welfare is the nodal ministry responsible for the formulation and implementation of the PM-KISAN scheme. The scheme aims to enhance the income of farmers and ensure their financial stability.

The PM-KISAN scheme provides a direct income support of ₹6,000 per year to eligible landholding farmer families, payable in three equal installments of ₹2,000 each. The 17th installment disbursement refers to the transfer of one such ₹2,000 installment.

The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) is a central sector scheme with 100% funding from the Government of India. It aims to supplement the financial needs of all landholding farmers' families in the country to acquire various inputs and also to take care of their family expenses. The 17th installment disbursement is a continuation of this objective.

Maulana Abul Kalam Azad was the first Education Minister of India, serving from 1947 until his death in 1958.

The Ministry of Human Resource Development (now Ministry of Education) announced in 2008 that November 11 would be celebrated as National Education Day.