1. “New Smart Samriddhi”, recently launched by SBI Life Insurance, is which type of insurance plan?
A. Unit-linked, participating plan
B. Non-linked, participating plan
C. Non-linked, non-participating savings plan
D. Term insurance plan
✅ Answer: C
📝 Explanation:
New Smart Samriddhi is an individual, non-linked, non-participating life insurance savings plan , meaning it is not market-linked and does not share profits.
2. The centralised portal ‘npci.org.in’ launched by NPCI is primarily meant for:
A. UPI dispute resolution
B. Managing UPI Autopay standing instructions
C. Merchant onboarding for UPI
D. Cross-border UPI payments
✅ Answer: B
📝 Explanation:
The portal allows users to view, manage and revoke all UPI Autopay mandates from a single platform.
3. According to recent trends, which Indian states are emerging as the fastest-growing contributors to GST and direct taxes?
A. Metro and megacity states
B. Coastal states
C. Small and mid-sized states
D. Special category states
✅ Answer: C
📝 Explanation:
India’s tax structure is witnessing a shift where smaller and mid-sized states are showing faster growth in tax contributions.
4. Which global financial institution projected India to remain among the fastest-growing major economies in its Macro Outlook 2026?
A. IMF
B. World Bank
C. Goldman Sachs
D. OECD
✅ Answer: C
📝 Explanation:
The Goldman Sachs Global Economics Analyst: Macro Outlook 2026 highlighted India’s strong growth prospects.
5. SEBI excluded which instruments from the valuation threshold used for Basic Services Demat Account (BSDA) eligibility?
A. Corporate bonds only
B. ZCZP bonds and delisted securities
C. ETFs and REITs
D. Government securities
✅ Answer: B
📝 Explanation:
SEBI excluded Zero Coupon Zero Principal (ZCZP) bonds and delisted securities to rationalise BSDA eligibility norms.
6. NABARD’s Green Impact Fund (NGIF), to be launched in January 2026, has a corpus of:
A. ₹300 crore
B. ₹500 crore
C. ₹1,000 crore
D. ₹2,000 crore
✅ Answer: C
📝 Explanation:
NABARD announced two funds:
-
NGIF – ₹1,000 crore
-
Carbon Fund – ₹300 crore
7. P. V. Sindhu was elected Chair of which international body’s Athletes’ Commission?
A. International Olympic Committee
B. Badminton World Federation
C. Asian Badminton Confederation
D. Commonwealth Games Federation
Month: Current Affairs - December 27, 2025
Category: UPSC, State PCS