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18 February 2026 Current Affairs MCQ

MCQ 1 – Infrastructure & Economy

Q1. The recently approved 4-lane access-controlled greenfield corridor in Assam was sanctioned by which body?

A) NITI Aayog
B) Cabinet Committee on Economic Affairs (CCEA)
C) Ministry of Road Transport & Highways
D) Finance Commission

Answer: B) Cabinet Committee on Economic Affairs (CCEA)

Explanation:
Major infrastructure projects involving large capital outlays are typically approved by the CCEA. The corridor reflects infrastructure-led growth and North-East connectivity priorities.


MCQ 2 – Cultural Governance

Q2. India’s first National Cow Culture Museum will be established in:

A) Varanasi
B) Mathura
C) Haridwar
D) Ujjain

Answer: B) Mathura

Explanation:
Mathura’s selection aligns with its deep civilisational and cultural significance. Such questions often appear as location-based prelim facts.


MCQ 3 – Heritage Infrastructure

Q3. The ‘Yuge Yugeen Bharat’ National Museum involves the adaptive reuse of which buildings?

A) Rashtrapati Bhavan
B) Parliament House
C) North Block & South Block
D) Red Fort

Answer: C) North Block & South Block

Explanation:
Adaptive reuse of administrative heritage buildings is an important governance and conservation theme. Expect conceptual + factual questions.


MCQ 4 – Tribal Linguistic Heritage

Q4. The Ol Chiki script, whose centenary was celebrated, is associated with which language?

A) Bodo
B) Santhali
C) Mundari
D) Ho

Answer: B) Santhali

Explanation:
Ol Chiki is the official script for the Santhali language. Tribal scripts are a favourite UPSC prelim topic.


MCQ 5 – Digital Public Infrastructure

Q5. The Aadhaar App, recently in news for large downloads, is managed by:

A) NPCI
B) UIDAI
C) MeitY
D) RBI

Answer: B) UIDAI

Explanation:
UIDAI administers Aadhaar and identity-based digital services. DPI-related institutional questions are common.


MCQ 6 – Banking & Regulation

Q6. Default Loss Guarantees (DLGs), recently restored, primarily relate to:

A) Deposit insurance coverage
B) Credit risk-sharing in digital lending
C) Foreign exchange management
D) Capital adequacy norms

Answer: B) Credit risk-sharing in digital lending

Explanation:
DLGs allow fintech entities to share default risk with regulated lenders like NBFCs. This is a GS-III financial stability concept.


MCQ 7 – Priority Sector Lending

Q7. Bank loans to NCDC for on-lending to cooperative societies are classified under:

A) External Commercial Borrowings
B) Priority Sector Lending
C) Directed Credit

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