1-2 February 2026 Current Affairs MCQ

Q15. SBI’s CHAKRA Centre of Excellence is primarily aimed at financing:

A. Agricultural subsidies
B. Sunrise sectors like deep-tech and green energy
C. Consumer durable loans
D. Housing for urban poor

Answer: B

Explanation:
CHAKRA focuses on strategic sunrise sectors , supporting India’s long-term economic transformation.

Q16. Approval of a USD-backed stablecoin by the UAE’s central bank is significant because it:

A. Legalises all cryptocurrencies
B. Replaces fiat currency
C. Brings regulatory clarity to digital payment tokens
D. Eliminates central bank oversight

Answer: C

Explanation:
Stablecoins differ from cryptocurrencies and represent regulated digital payment tokens , improving financial stability.

Q17. The Shield AI agreement for V-BAT VTOL UAS aligns with which defence objective?

A. Import substitution without manufacturing
B. ISR capability with indigenous production
C. Nuclear deterrence
D. Space warfare

Answer: B

Explanation:
Manufacturing V-BAT UAS in India strengthens ISR (Intelligence, Surveillance, Reconnaissance) and defence indigenisation .

Q18. Upgrading the Pechora SAM system by Alpha Design Technologies reflects:

A. Import of new missile systems
B. Disposal of legacy platforms
C. Modernisation through indigenous capability
D. Privatisation of air defence

Answer: C

Explanation:
The upgrade demonstrates life-extension and modernisation of legacy defence platforms using domestic industry .