reforms
C. Enhanced financial services for State PSUs
D. Municipal bond financing
? Answer: C
?? Explanation:
The MoU improves salary-linked banking benefits for state PSU employees , showcasing bank–state cooperation in financial inclusion.
MCQ 7: Green Finance & IFSCs
IREDA’s IFSC subsidiary sanctioning its first international green loan highlights:
A. Shift from domestic to retail lending
B. India’s growing role in global climate finance
C. Decline in renewable energy investments
D. Reduction in sovereign borrowing
? Answer: B
?? Explanation:
The move strengthens India’s position in global green finance , leveraging IFSCs to mobilize climate-aligned capital.
MCQ 8: Corporate Governance
Reappointment of Sandeep Bakshi as ICICI Bank’s CEO is significant because it ensures:
A. Government control over private banks
B. Leadership continuity and governance stability
C. Expansion of public sector banking
D. Immediate merger with another bank
? Answer: B
?? Explanation:
Continuity at the top supports institutional stability , investor confidence, and long-term strategic execution.
MCQ 9: Polity & Anti-Corruption Framework
The appointment of a Vigilance Commissioner under Section 4(1) of the CVC Act, 2003 reinforces:
A. Judicial independence
B. Parliamentary supremacy
C. Institutional oversight and anti-corruption mechanisms
D. Federal fiscal relations
? Answer: C
?? Explanation:
The CVC is a statutory body central to anti-corruption vigilance , making this relevant for Polity static + current affairs linkage .
MCQ 10: Consumer Protection & Digital Commerce
The CCPA’s suo motu action against illegal walkie-talkie sales reflects which regulatory objective?
A. Price control in e-commerce
B. Promotion of domestic manufacturing
C. Consumer safety and telecom law enforcement
D. Export regulation
? Answer: C
?? Explanation:
Unauthorized devices pose security and consumer risks , invoking Consumer Protection Act, 2019 and telecom compliance.
MCQ 11: Maritime Security Cooperation
Exercise DOSTI-17 primarily strengthens:
A. Naval warfare preparedness
B. Submarine operations
C. Maritime domain awareness in the Indian Ocean
D. Space-based surveillance
? Answer: C
?? Explanation:
DOSTI enhances coastal security cooperation among India, Sri Lanka, and Maldives under the SAGAR doctrine .
MCQ 12: Indo-Pacific Environmental Security
India–Japan Coast Guard HNS drills focus on
Month: Current Affairs - January 21, 2026
Category: