Which launch vehicle was utilized by ISRO for the successful deployment of the GSAT-20 (GSAT-N2) communication satellite in late 2024?
A LVM3-M4
B Falcon 9
C PSLV-C59
D SSLV-D3
Answer: B
ISRO's commercial arm, NSIL, utilized SpaceX's Falcon 9 rocket to launch the GSAT-N2 (GSAT-20) satellite as it exceeded the payload capacity of current Indian launch vehicles.
52.
The strong performance of India's manufacturing sector in Q3 2026 is expected to have a positive impact on the overall economy. Which of the following is a direct consequence of a booming manufacturing sector?
A Increased reliance on imports for essential goods.
B Higher unemployment rates as automation replaces jobs.
C Contribution to GDP growth and potential job creation.
D A decrease in foreign direct investment (FDI).
Answer: C
A strong manufacturing sector directly contributes to a nation's Gross Domestic Product (GDP) through increased production and value addition. It also typically leads to job creation, both directly within manufacturing units and indirectly in supporting industries and services.
53.
Several factors likely contributed to the strong Q3 2026 growth in India's manufacturing sector. Which of the following is a plausible driver for such growth?
A A significant decline in global demand for manufactured goods.
B Increased government spending on infrastructure and 'Make in India' initiatives.
C A sharp rise in interest rates making borrowing expensive for manufacturers.
D Reduced domestic consumption due to economic slowdown.
Answer: B
Increased government spending on infrastructure projects and continued impetus from 'Make in India' and Production Linked Incentive (PLI) schemes are strong drivers for manufacturing growth. These initiatives boost domestic production, attract investment, and create demand for manufactured goods.
54.
India's manufacturing sector demonstrated robust growth in the third quarter (Q3) of 2026. Which of the following indices is commonly used to measure the performance and growth of the manufacturing sector?
A Consumer Price Index (CPI)
B Purchasing Managers' Index (PMI)
C Wholesale Price Index (WPI)
D Index of Industrial Production (IIP)
Answer: D
The Index of Industrial Production (IIP) is a key indicator that measures the changes in the volume of production of industrial products over a specific period. It is widely used to assess the performance of the manufacturing sector. While PMI provides insights into manufacturing activity, IIP is a direct measure of output volume.
55.
The current MSME classification in India, as of 2026, is based on a combination of investment in plant and machinery (or equipment) and annual turnover. Which of the following is NOT a category under the MSME classification?
A Micro Enterprise
B Small Enterprise
C Medium Enterprise
D Large Enterprise
Answer: D
The MSME classification system categorizes enterprises into Micro, Small, and Medium. Large enterprises are defined separately and are not part of the MSME classification framework. The government's consideration to raise thresholds pertains to the boundaries between these three MSME categories.
56.
If the government raises the MSME thresholds in 2026, which of the following is a likely consequence for businesses that were previously just above the old limits?
A They will lose access to government procurement opportunities.
B They may become eligible for various MSME-specific schemes and incentives.
C Their tax liabilities will automatically increase.
D They will be required to register as large enterprises.
Answer: B
If the MSME thresholds are raised, businesses that were previously just above the old limits might now fall within the new, higher limits. This would make them eligible for benefits, schemes, and incentives typically offered to MSMEs, such as preferential treatment in government procurement, access to credit at lower rates, and various subsidies.
57.
In 2026, the Indian government is reportedly considering an upward revision of the investment and turnover thresholds for Micro, Small, and Medium Enterprises (MSMEs). What is the primary objective behind such a consideration?
A To reduce the number of enterprises eligible for MSME benefits.
B To align the definition with global standards and include more growing businesses.
C To decrease government support and subsidies for MSMEs.
D To simplify tax compliance for larger corporations.
Answer: B
The primary objective of revising MSME thresholds is often to keep pace with inflation and economic growth, and to align the definition with international standards. This allows more dynamic and growing businesses that may have outgrown the older definitions to still be classified as MSMEs and benefit from associated schemes.
58.
According to the RBI's 2026 framework for digital lending, what is the prescribed cooling-off period for a borrower to withdraw from a loan agreement without penalty?
A 24 hours
B 3 days
C 7 days
D No cooling-off period is mandated.
Answer: D
The RBI's 2026 guidelines on digital lending do not mandate a specific 'cooling-off' period for borrowers to withdraw from loan agreements without penalty. While transparency in terms is emphasized, a statutory cooling-off period is not a feature of these specific regulations.
59.
The RBI's 2026 guidelines on digital lending aim to enhance transparency and protect borrowers. Which of the following is a key objective of these guidelines?
A To encourage unregulated lending practices to boost credit availability.
B To ensure fair and transparent pricing of loans and clear disclosure of all charges.
C To allow digital lending platforms to collect excessive personal data from borrowers.
D To reduce the role of regulated entities in digital lending.
Answer: B
A primary objective of the RBI's 2026 digital lending guidelines is to ensure that loan pricing is fair and transparent, and that all associated charges are clearly disclosed to the borrower before they agree to the loan. This promotes consumer protection.
60.
As per the latest guidelines issued by the Reserve Bank of India (RBI) in 2026 for digital lending platforms, which of the following is NOT a mandatory requirement for a Digital Lending App (DLA)?
A Disclosure of all-in-cost of loan to the borrower.
B Appointment of a Chief Compliance Officer (CCO) responsible for the digital lending business.
C Mandatory registration of all lending service providers (LSPs) with the RBI.
D Prohibition of automatic increase in credit limit without explicit consent of the borrower.
Answer: C
The RBI's 2026 guidelines mandate that all Lending Service Providers (LSPs) that are part of a digital lending ecosystem must be registered with the RBI. Options A, B, and D are also key requirements aimed at borrower protection and transparency.
