finances.
Q10. RBI imposed a ₹3.10 lakh penalty on:
A. Paytm
B. Razorpay
C. Pine Labs Limited
D. PhonePe
Answer: C. Pine Labs Limited
Explanation: The penalty was due to non-compliance with RBI regulatory guidelines.
Q11. Which institution regulates derivatives trading in India?
A. RBI
B. NABARD
C. Securities and Exchange Board of India
D. IRDAI
Answer: C. SEBI
Explanation: SEBI regulates securities and derivatives markets and extended the ban on certain agri-commodities.
Q12. India signed an aviation cooperation agreement with:
A. USA
B. Russia
C. Japan
D. European Union
Answer: D. European Union
Explanation: The agreement aims to enhance industrial aviation production collaboration.
Q13. ‘Prahar’ Light Machine Guns were inducted under which initiative?
A. Digital India
B. Make in India
C. Atmanirbhar Bharat
D. Startup India
Answer: B. Make in India
Explanation: The Indian Army received 2,000 LMGs to strengthen indigenous defence manufacturing.
Q14. Who chaired the IGoM meeting on West Asia?
A. Narendra Modi
B. Amit Shah
C. Rajnath Singh
D. S. Jaishankar
Answer: C. Rajnath Singh
Explanation: The Defence Minister chaired the meeting to review geopolitical developments.
Q15. INS Sudarshini is associated with which force?
A. Indian Army
B. Indian Air Force
C. Coast Guard
D. Indian Navy
Answer: D. Indian Navy
Explanation: INS Sudarshini is a sail training ship used for naval training and international outreach.
Q16. The SWOT satellite, recently in news, is associated with:
A. Weather forecasting
B. Ocean floor mapping
C. GPS navigation
D. Space tourism
Answer: B. Ocean floor mapping
Explanation: NASA used SWOT data to create a detailed seabed map.
Month: Current Affairs - March 31, 2026
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