Q8. What is the objective of RBI’s podcast series “RBI Talks: Paisa to Policy”?
A. Promote digital payments
B. Explain monetary policy decisions
C. Enhance public financial awareness
D. Address banking grievances
✅ Answer: C
📝 Explanation:
The podcast aims to improve financial literacy and public understanding of RBI’s policies.
Q9. Which state became the first in India to constitute its 8th State Pay Commission ?
A. Tamil Nadu
B. Maharashtra
C. Assam
D. Karnataka
✅ Answer: C
📝 Explanation:
Assam became the first state to constitute its 8th State Pay Commission , signalling proactive pay reforms.
Q10. The Indian Insurance Companies (Foreign Investment) Amendment Rules, 2025 align regulations with what maximum FDI limit?
A. 49%
B. 74%
C. 90%
D. 100%
✅ Answer: D
📝 Explanation:
The rules align with the 100% FDI limit approved by Parliament in December 2025.
Q11. RBI projects the Gross Non-Performing Asset (GNPA) ratio of SCBs to improve to what level by March 2027 (baseline)?
A. 2.5%
B. 2.1%
C. 1.9%
D. 1.5%
✅ Answer: C
📝 Explanation:
RBI expects GNPA to decline to 1.9% , reflecting improved asset quality.
Q12. Household debt in India rose to what percentage of GDP by March 2025?
A. 35.2%
B. 38.3%
C. 40.0%
D. 41.3%
✅ Answer: D
📝 Explanation:
Household debt increased to 41.3% of GDP , above the five-year average of 38.3%.
Q13. Under a severe stress scenario, how many Scheduled Commercial Banks (SCBs) may need to utilise Capital Conservation Buffers (CCBs)?
A. One
B. Two
C. Three
D. Four
✅ Answer: D
📝 Explanation:
RBI warned that up to four SCBs may need to draw down CCBs under severe stress.
Q14. The EU’s Carbon Border Adjustment Mechanism (CBAM), implemented from 1 January 2026, primarily targets:
A. Agricultural imports
B. Carbon-intensive imports
C. Digital services
D. Luxury goods
✅ Answer: B
📝 Explanation:
CBAM imposes a carbon-linked levy on carbon-intensive imports such as steel, cement, aluminium, fertilisers, etc.
Q15. Who assumed charge as the Vice Chief of the Air Staff
Month: Current Affairs - January 03, 2026
Category: