Answer: D. 17%
Explanation: The Government fixed the interest rate at 17% per annum for this period.
Q11. UPI recorded how many transactions in March 2026?
A. 50 billion
B. 55 billion
C. 60 billion
D. 64 billion
Answer: D. 64 billion
Explanation: Unified Payments Interface saw massive growth in digital transactions.
Q12. Which of the following is NOT a Domestic Systemically Important Insurer (D-SII)?
A. LIC
B. New India Assurance
C. GIC
D. SBI Life Insurance
Answer: D. SBI Life Insurance
Explanation: Insurance Regulatory and Development Authority of India designated LIC, New India Assurance, and GIC as D-SIIs.
Q13. India’s GST collection in March 2026 crossed:
A. ₹1.5 lakh crore
B. ₹1.8 lakh crore
C. ₹2.0 lakh crore
D. ₹2.1 lakh crore
Answer: D. ₹2.1 lakh crore
Explanation: The rise reflects strong economic activity and higher imports.
Q14. CMS COP15 was held in:
A. Peru
B. Brazil
C. South Africa
D. Indonesia
Answer: B. Brazil
Explanation: The event took place in Campo Grande under Brazil’s presidency.
Q15. Krishna Kumar Singh is associated with:
A. NTPC
B. SAIL
C. BHEL
D. ONGC
Answer: B. SAIL
Explanation: He took additional charge as CMD of Steel Authority of India Limited.
Q16. Anurag Kapil has been appointed Director (Finance) of:
A. ONGC
B. NMDC
C. GAIL
D. IOC
Answer: B. NMDC
Explanation: NMDC Limited is India’s largest iron ore producer.
Q17. Chanchal Kumar has been appointed Secretary of which ministry?
A. Home Affairs
B. Finance
C. Information and Broadcasting
D. Defence
Answer: C. Information and Broadcasting
Explanation: He assumed charge in the Ministry of Information and Broadcasting.
Q18. Uchral Nyam-Osor is the new Prime Minister of:
A. Kazakhstan
B. Mongolia
C. Uzbekistan
D. Kyrgyzstan
Answer: B. Mongolia
Explanation: He represents the Mongolian People’s Party.
Q19. Technology Development Board operates under:
A. Ministry of Commerce
B. Ministry of Finance
C. Ministry of Science and Technology
D. Ministry of MSME
Answer: C. Ministry of Science and Technology
Explanation: Technology Development Board supports innovation through funding.
Q20. Emirates NBD received RBI approval to acquire stake in:
A. HDFC Bank
B. Yes Bank
C. RBL Bank
D. Axis Bank
Answer: C. RBL Bank
Explanation: Emirates NBD can acquire up to 74% stake in