National Affairs
1. India has ranked third globally in the clean industrial project pipeline . Which two countries are ahead of India?
A) Japan and Germany
B) China and USA
C) USA and France
D) China and Japan
Answer: B) China and USA
Explanation: India’s rapid growth in renewable and green manufacturing has placed it 3rd globally, behind China and the USA, highlighting its progress toward sustainable industrialisation.
2. Total deposits under the Pradhan Mantri Jan Dhan Yojana (PMJDY) crossed which milestone as of October 2025?
A) Rs2.5 lakh crore
B) Rs2.6 lakh crore
C) Rs2.75 lakh crore
D) Rs3 lakh crore
Answer: C) Rs2.75 lakh crore
Explanation: PMJDY deposits reached ₹2.75 lakh crore, strengthening India’s financial inclusion framework, especially for rural and unbanked populations.
3. Which of the following statements about Public Sector Banks (PSBs) is correct for Q2 FY26?
A) Reported losses due to high NPAs
B) Posted ₹49,456 crore profit, a 9% YoY increase
C) Decline in total net profit
D) Recorded negative credit growth
Answer: B) Posted ₹49,456 crore profit, a 9% YoY increase
Explanation: PSBs collectively posted record profits in Q2 FY26, led by SBI, despite two banks showing marginal declines.
4. Under RBI’s new FEMA amendment (2025) , exporters can retain foreign currency earnings in IFSC accounts for up to how many months?
A) 1 month
B) 3 months
C) 6 months
D) 12 months
Answer: B) 3 months
Explanation: The RBI now permits exporters to retain proceeds for three months in IFSC-based foreign currency accounts, improving ease of doing business.
5. What is the purpose of RBI’s newly proposed Digital Payments Intelligence Platform (DPIP) ?
A) To promote UPI usage abroad
B) To detect and prevent digital payment frauds using AI
C) To issue digital rupee wallets
D) To track forex transactions
Answer: B) To detect and prevent digital payment frauds using AI
Explanation: The DPIP aims to use Artificial Intelligence to identify suspicious digital transactions in real time.
6. Which ministry launched the India AI Governance Guidelines , India’s first principle-based AI regulatory framework?
A) Ministry of Science & Technology
B) Ministry of Electronics and IT (MeitY)
C) NITI Aayog
D) Ministry of Home Affairs
Answer: B) Ministry of Electronics and IT (MeitY)
Explanation: MeitY launched the India AI Governance Guidelines under the IndiaAI Mission to ensure responsible and transparent use of Artificial Intelligence.
7. The Government of Maharashtra signed an LoI with Starlink (SpaceX) to provide:
A) Satellite-based education
B) Satellite-based internet in remote areas
C) Smart city management solutions
D) Drone delivery services
Answer: B) Satellite-based internet in remote areas
Explanation: The agreement aims to enhance internet access in rural and underserved areas of Maharashtra through Starlink’s satellite connectivity.