pragmatic move –
SEBI proposed allowing depositories to use
up to 5% of IPF interest earnings for administrative and statutory expenses.
15. The Reserve Bank of India introduced the Foreign Exchange Management (Authorised Persons) Regulations, 2026 to:
A) Ban forex trading
B) Rationalise authorisation and renewal framework for forex dealers
C) Fix exchange rates
D) Restrict foreign investment
Answer: B) Rationalise authorisation and renewal framework for forex dealers
Explanation: The RBI simplified the rules for forex dealers – making authorisation and renewal more streamlined under the new 2026 regulations.
16. Who has been appointed as the Chairman of the BRISEC Chamber of Commerce & Industry (BRISEC CCI)?
A) Harvansh Chawla
B) Uday Kotak
C) Ratan Tata
D) N. Chandrasekaran
Answer: A) Harvansh Chawla
Explanation: Legal expert Harvansh Chawla moved from BRICS CCI to lead BRISEC CCI – a new role in the chamber world.
17. Former President Rumen Radev was elected as the Prime Minister of which country?
A) Romania
B) Bulgaria
C) Hungary
D) Serbia
Answer: B) Bulgaria
Explanation: In Sofia, the National Assembly elected former President Rumen Radev as Bulgaria’s new Prime Minister – a unique transition from president to PM.
18. India successfully conducted a flight‑trial of an advanced Agni missile equipped with:
A) Hypersonic glide vehicle
B) Multiple Independently Targeted Re‑entry Vehicle (MIRV) technology
C) Stealth coating
D) Nuclear submarine launch capability
Answer: B) Multiple Independently Targeted Re‑entry Vehicle (MIRV) technology
Explanation: A major strategic milestone – India tested an Agni missile with MIRV technology from Dr APJ Abdul Kalam Island, Odisha.
19. The Indian Army inducted two indigenous combat systems under which procurement programme?
A) Emergency Procurement-6 (EP-6)
B) Make in India Phase 3
C) Defence Acquisition Council Fast Track
D) Integrated Guided Missile Development Programme
Answer: A) Emergency Procurement-6 (EP-6)
Explanation: Under EP‑6 , the Army inducted the ULPGM and AGNIKAA VTOL‑1 FPV Kamikaze Drone – both developed by Adani Defence & Aerospace.
20. The Central Government approved proposals worth approximately ₹504 crore for:
A) Installing 5,000 electric buses
B) Installing 4,874 electric vehicle (EV) chargers
C) Setting up solar parks
D) Building metro rail projects
Answer: B) Installing 4,874 electric vehicle (EV) chargers
Explanation: A green mobility push – ₹503.86 crore approved for 4,874 EV chargers across states and CPSEs.
21. NASA’s Psyche Mission recently captured a rare image of:
A) Earth as a pale blue dot
B) Mars appearing as a thin glowing crescent
C) Jupiter’s Great Red Spot
D) Saturn’s rings from behind
Answer: B)