1. Which department released the Quarterly FDI Inflow Fact Sheet for India?
A) NITI Aayog
B) DPIIT
C) Ministry of Finance
D) RBI
Answer: B) DPIIT
Explanation: DPIIT under the Ministry of Commerce & Industry publishes quarterly FDI updates.
2. Razorpay received RBI approval to operate as which type of payment aggregator?
A) Domestic PA
B) PA for Government Payments
C) Cross Border Inward & Outward PA
D) Merchant Aggregator
Answer: C) Cross Border Inward & Outward PA
Explanation: The approval was issued under the PSS Act, 2007.
3. The OECD Economic Outlook 2025 Issue 2 describes the global economic condition as:
A) Hyper expansion phase
B) Strong and stable
C) Resilient growth with increasing fragilities
D) Recessionary
Answer: C) Resilient growth with increasing fragilities
Explanation: This is the exact theme mentioned in the bi-annual report.
4. Which banks retained their Domestic Systemically Important Bank (D-SIB) status for 2025?
A) Axis, ICICI, SBI
B) SBI, HDFC Bank, ICICI Bank
C) HDFC Bank, PNB, SBI
D) Kotak Bank, SBI, ICICI
Answer: B) SBI, HDFC Bank, ICICI Bank
Explanation: These three banks remained in the same D-SIB categories as in 2024.
5. ULCCS of Kerala received which global honour?
A) UNESCO Heritage Enterprise Award
B) ICA Global Social Cooperative Award
C) Global Cooperative Cultural Heritage Site recognition
D) Global Labour Excellence Award
Answer: C) Global Cooperative Cultural Heritage Site recognition
Explanation: Awarded by the International Co-operative Alliance.
6. Who assumed charge as Member (Finance) of the Railway Board in December 2025?
A) Vinay Kumar Tripathi
B) Aparna Garg
C) Apoorva Chandra
D) Shailesh Kumar Singh
Answer: B) Aparna Garg
Explanation: She is a 1987-batch IRAS officer.
7. Who became the first woman Vice-Chancellor of Nagpur University since its founding in 1923?
A) Anita Karwal
B) Manali Makarand Kshirsagar
C) Smita Kolhe
D) Ranjana Iyer
Answer: B) Manali Makarand Kshirsagar
Explanation: A historic appointment in the university’s 100+ year history.
8. SIDDHI 2.0, launched by CCRAS in Vijayawada, focuses on strengthening:
A) Biotechnology
B) Ayurveda industry–research collaboration
C) Tribal medicine
D) Pharma industry exports
Answer: B) Ayurveda industry–research collaboration
Explanation: SIDDHI aims to integrate AYUSH industry innovation with scientific research.
9. How many products from Tamil Nadu received GI Tag recognition recently?