1.

Which institution introduced the Risk-Based Premium (RBP) framework for deposit insurance in India?

A. SEBI
B. NABARD
C. DICGC
D. SIDBI

Answer: C. DICGC

Explanation:
The Deposit Insurance and Credit Guarantee Corporation (DICGC), with RBI approval, introduced the Risk-Based Premium system so that banks pay insurance premiums according to their risk profile, strengthening depositor protection and incentivising prudent banking practices.

1. PMAY–Urban 2.0 recently approved construction of more than how many houses?
A. 1.25 lakh
B. 2.10 lakh
C. 3.53 lakh
D. 5.00 lakh

Answer: C
Explanation: The Ministry of Housing & Urban Affairs approved over 3.53 lakh houses under PMAY-U 2.0 to accelerate affordable urban housing and reduce the housing deficit.

Q1. Pariksha Pe Charcha (PPC) 2026 is best described as which of the following?

A. A competitive examination reform initiative under NEP 2020
B. A counselling programme for students preparing for board exams
C. An interactive platform focusing on exam stress, student well-being and stakeholder engagement
D. A digital learning scheme for rural schools

✅ Correct Answer: C

Explanation:
Pariksha Pe Charcha is an annual interactive programme focusing on exam stress management, mental well-being, parental guidance and teacher engagement, reflecting soft governance in education, not a formal examination or scheme.

Q1. The upgraded National Youth Parliament Scheme (NYPS) 2.0 primarily aims to:

A. Train youth for electoral management
B. Promote parliamentary research fellowships
C. Enhance youth participation and constitutional literacy
D. Digitise legislative drafting processes

✅ Answer: C

📝 Explanation:
NYPS 2.0 focuses on youth engagement, inclusivity, civic participation, and constitutional awareness, strengthening democratic culture rather than elections or research fellowships.

Q1. The Supreme Court’s direction to constitute a tribunal for the Pennaiyar (Thenpennai) river dispute draws authority primarily from which constitutional provision?

A. Article 131
B. Article 262
C. Article 263
D. Article 280

✅ Answer: B

Explanation:
Article 262 empowers Parliament to provide for adjudication of inter-State river water disputes and allows exclusion of Supreme Court jurisdiction. The Inter-State River Water Disputes Act, 1956 operationalises this provision.