4 March 2026 Current Affair MCQ

MCQ 1 – State Budget

Q1. The ₹1.72 lakh crore Budget for FY 2026–27 was presented by the government of which state?

A) Odisha
B) Chhattisgarh
C) Jharkhand
D) Madhya Pradesh

✅ Answer: B) Chhattisgarh

Explanation:
Finance Minister Om Prakash Chaudhary presented the ₹1.72 lakh crore state budget in the Chhattisgarh Legislative Assembly, focusing on infrastructure, welfare programmes, and economic development.

MCQ 2 – Digital Governance in Infrastructure

Q2. The Rajmarg Pravesh 2.0 portal is related to which sector?

A) Railways
B) National Highways administration
C) Inland water transport
D) Aviation infrastructure

✅ Answer: B) National Highways administration

Explanation:
Rajmarg Pravesh 2.0 was launched to facilitate the digital issuance of No Objection Certificates (NOCs) for utilities and facilities along National Highways.

MCQ 3 – Eco-Tourism Initiative

Q3. Tamil Nadu’s first Dark Sky Park has been established at:

A) Mudumalai Tiger Reserve
B) Ariyur Shola Reserve Forest
C) Sathyamangalam Forest
D) Anamalai Hills

✅ Answer: B) Ariyur Shola Reserve Forest

Explanation:
The state’s first Dark Sky Park was inaugurated at Ariyur Shola Reserve Forest in Kolli Hills, Namakkal district, promoting astro-tourism and conservation of natural night skies.

MCQ 4 – Banking Regulation

Q4. The Reserve Bank of India imposed a monetary penalty on which NBFC for regulatory non-compliance?

A) Bajaj Finance Limited
B) Mahindra & Mahindra Financial Services Ltd.
C) Shriram Finance Limited
D) L&T Finance Limited

✅ Answer: B) Mahindra & Mahindra Financial Services Ltd.

Explanation:
RBI imposed a penalty of ₹11.50 lakh on Mahindra & Mahindra Financial Services Limited after detecting regulatory violations during inspections.

MCQ 5 – Cooperative Banking Reform

Q5. The NBFC–Miscellaneous Amendment Directions 2026 were issued to support the functioning of:

A) NABARD
B) SIDBI
C) National Urban Co-operative Finance and Development Corporation Ltd.
D) National Housing Bank

✅ Answer: C) National Urban Co-operative Finance and Development Corporation Ltd.

Explanation:
The RBI introduced these directions to facilitate the functioning of NUCFDC, which acts as the Umbrella Organisation for Urban Cooperative Banks.

MCQ 6 – GDP Measurement

Q6. The new GDP series released by the National Statistics Office uses which base year?

A) 2011–12
B) 2015–16
C) 2022–23
D) 2024–25

✅ Answer: C) 2022–23