29-30 March 2026 Current Affairs MCQ

11. RBI’s Master Direction 2026 focuses on:

A. Inflation control
B. Unique identifiers in financial markets
C. Digital payments
D. Loan restructuring

Answer: B
Explanation: It consolidates norms for financial market identifiers.

12. Payments Vision 2028 is released by:

A. SEBI
B. RBI
C. NPCI
D. Finance Ministry

Answer: B
Explanation: RBI outlines long-term payment system strategies.

13. Which company crossed ₹20,000 crore in gross premium?

A. LIC
B. New India Assurance
C. Oriental Insurance Company Ltd
D. ICICI Lombard

Answer: C
Explanation: OICL achieved this milestone in FY 2025–26.

14. The Duty Deferment Scheme (EMI) is associated with:

A. RBI
B. SEBI
C. CBIC
D. NABARD

Answer: C
Explanation: CBIC promotes trade facilitation through this scheme.

15. India’s inflation target for 2026–2031 is:

A. 2%
B. 3%
C. 4%
D. 5%

Answer: C
Explanation: The government retained a 4% inflation target.

16. OECD report titled “Testing Resilience” is related to:

A. Defence
B. Trade
C. Economic outlook
D. Climate change

Answer: C
Explanation: It assesses global economic conditions.

17. Lakshya AMC received approval from:

A. RBI
B. SEBI
C. IRDAI
D. NABARD

Answer: B
Explanation: SEBI regulates mutual fund operations.

18. Who became the youngest Prime Minister of Nepal?

A. KP Sharma Oli
B. Pushpa Kamal Dahal
C. Balendra Shah
D. Sher Bahadur Deuba

Answer: C
Explanation: Balendra Shah assumed office after electoral victory.

19. Stuti Pradhan will represent India at:

A. UN General Assembly
B. World Youth Parliament
C. G20 Summit
D. Youth Olympics

Answer: B
Explanation: She represents youth leadership globally.

20. Project “Vayu Baan” is launched by:

A. Indian Navy
B. DRDO
C. Indian Air Force
D. ISRO

Answer: C
Explanation: It focuses on helicopter-launched UAV systems.