1-2 March 2026 Current Affair MCQ

MCQ 1 – Inland Water Transport

Q1. National Waterway-2 (NW-2), recently in news, is located on which river?

A) Ganga
B) Brahmaputra
C) Godavari
D) Narmada

✅ Answer: B) Brahmaputra

Explanation:
NW-2 is designated on the Brahmaputra River in Assam, aimed at strengthening inland water transport and regional connectivity in the Northeast.

MCQ 2 – Border Infrastructure

Q2. The restoration of the Chungthang–Lachen Axis and the Taram Chu Bridge is strategically important primarily because:

A) It connects major metro cities
B) It supports desert warfare logistics
C) It strengthens high-altitude border connectivity
D) It facilitates coastal trade

✅ Answer: C) It strengthens high-altitude border connectivity

Explanation:
The project enhances infrastructure resilience in North Sikkim, crucial for border management and disaster recovery in mountainous terrain.

MCQ 3 – Local Governance

Q3. A Gram Sabha resolution declaring a village “caste-free” reflects which constitutional principle?

A) Directive Principles of State Policy
B) Secularism
C) Equality before law
D) Federalism

✅ Answer: C) Equality before law

Explanation:
Such resolutions promote social equality and aim to eliminate caste-based discrimination, aligning with Article 14 (Equality before Law).

MCQ 4 – Semiconductor Ecosystem

Q4. An ATMP facility in semiconductor manufacturing refers to:

A) Automated Technology Manufacturing Platform
B) Assembly, Testing, Marking and Packaging
C) Advanced Transistor Microchip Production
D) Applied Technology Monitoring Process

✅ Answer: B) Assembly, Testing, Marking and Packaging

Explanation:
ATMP units perform backend semiconductor processes, a key step in building a domestic chip manufacturing ecosystem.

MCQ 5 – Capital Market Reform

Q5. SEBI’s introduction of Life Cycle Funds primarily aims to:

A) Increase tax revenue
B) Link asset allocation to investor age and time horizon
C) Eliminate equity investments
D) Replace pension schemes

✅ Answer: B) Link asset allocation to investor age and time horizon

Explanation:
Life Cycle Funds adjust equity and debt exposure based on age and maturity, promoting risk-adjusted investment strategies.

MCQ 6 – National Accounts Revision

Q6. Revision of the base year in National Accounts (2022–23) primarily helps to:

A) Reduce fiscal deficit
B) Reflect structural changes in the economy
C) Increase tax collection
D) Control inflation

✅ Answer: B) Reflect structural changes in the economy