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4–5 January 2026 Current Affairs MCQ

Q1. The Grand International Exposition of Sacred Piprahwa Relics, inaugurated by PM Narendra Modi, is associated with which religious tradition?

A. Jainism
B. Hinduism
C. Buddhism
D. Sikhism

✅ Answer: C. Buddhism

📝 Explanation:
The Piprahwa relics are linked to Bhagwan Buddha and are among the most significant Buddhist archaeological findings , associated with his mortal remains.

Q2. Delhi PWD has made QR codes mandatory on new road signages primarily to improve:

A. Road aesthetics
B. Traffic speed
C. Transparency and quality monitoring
D. Toll collection efficiency

✅ Answer: C. Transparency and quality monitoring

📝 Explanation:
QR codes will allow citizens to access details such as contractor information, construction date, cost, and maintenance , improving accountability.


Q3. The interest rates on Small Savings Schemes (SSS) for Q4 FY26 were kept unchanged by which authority?

A. RBI
B. SEBI
C. Department of Economic Affairs
D. NITI Aayog

✅ Answer: C. Department of Economic Affairs

📝 Explanation:
Interest rates for Small Savings Schemes are decided quarterly by the DEA (Budget Division), Ministry of Finance .


Q4. States and Union Territories are expected to borrow approximately how much in Q4 FY26?

A. ₹4 lakh crore
B. ₹4.5 lakh crore
C. ₹5 lakh crore
D. ₹6 lakh crore

✅ Answer: C. ₹5 lakh crore

📝 Explanation:
Borrowings in Jan–Mar 2026 are projected to rise to about ₹5 lakh crore , higher than Q4 FY25.


Q5. Which city is close to becoming India’s first slum-free city?

A. Ahmedabad
B. Surat
C. Indore
D. Bhubaneswar

✅ Answer: B. Surat

📝 Explanation:
Surat (Gujarat) has undertaken large-scale slum redevelopment with permanent housing and civic amenities .


Q6. Which regulatory body strengthened capital, compliance, and governance norms for Merchant Bankers from 3 January 2026?

A. RBI
B. SEBI
C. IFSCA
D. MCA

✅ Answer: B. SEBI

📝 Explanation:
SEBI revised Merchant Banker regulations to enhance investor protection, financial stability, and governance standards .


Q7. Raajmarg Infra Investment Trust (RIIT) received which rating from CARE Ratings?

A. AA (Stable)
B. AAA (Negative)
C. AAA (Stable)
D. AA+ (Stable)

✅ Answer: C. AAA (Stable)

📝 Explanation:
RIIT, sponsored by NHAI, received AAA (Stable) for its

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