Q1. NHAI received SEBI approval for its sponsored Raajmarg Infra Investment Trust (RIIT) to operate as which of the following?
A. Private InvIT
B. Trust for highway toll collection only
C. Public Infrastructure Investment Trust
D. Green Bond Trust
✅ Answer: C
📝 Explanation:
SEBI approved Raajmarg Infra Investment Trust (RIIT) to function as a public InvIT , enabling public participation in highway infrastructure investment.
Q2. What is the approved project cost of Delhi Metro Phase V(A)?
A. ₹10,500 crore
B. ₹11,250 crore
C. ₹12,014.91 crore
D. ₹13,800 crore
✅ Answer: C
📝 Explanation:
The Union Cabinet approved Delhi Metro Phase V(A) at a cost of ₹12,014.91 crore to enhance urban connectivity.
Q3. DFCCIL refinanced ₹10,000 crore of foreign currency debt through which institution?
A. NABARD
B. SBI
C. IRDAI
D. Indian Railway Finance Corporation
✅ Answer: D
📝 Explanation:
DFCCIL signed a refinancing agreement with IRFC , marking the first domestic refinancing of foreign currency debt under Atmanirbhar Bharat .
Q4. RBI deferred Phase-2 of the faster cheque clearance system mainly to:
A. Reduce cheque usage
B. Allow banks operational readiness
C. Introduce digital-only clearing
D. Align with global banking norms
✅ Answer: B
📝 Explanation:
RBI deferred Phase-2 beyond 3 January 2026 to allow banks sufficient time to upgrade backend systems .
Q5. Regulatory relaxations approved by IFSCA aim to boost business activities at:
A. Mumbai IFSC
B. Delhi Financial Hub
C. GIFT IFSC
D. Bengaluru FinTech Valley
✅ Answer: C
📝 Explanation:
IFSCA introduced regulatory relaxations to improve ease of doing business at GIFT IFSC , attracting global financial services.
Q6. Which bank launched ‘Digital Merchant Cash Advance Loans’ for MSMEs?
A. HDFC Bank
B. ICICI Bank
C. Axis Bank
D. IDFC First Bank
✅ Answer: C
📝 Explanation:
Axis Bank launched Digital Merchant Cash Advance Loans to support working capital needs of MSMEs .
Q7. PM-YUVA 3.0 is implemented by which organisation?
A. Sahitya Akademi
B. Ministry of Culture
C. National Book Trust
D. IGNOU
✅ Answer: C
📝 Explanation:
PM-YUVA 3.0
Month: Current Affairs - December 26, 2025
Category: