MCQ 1 – Inland Water Transport

Q1. National Waterway-2 (NW-2), recently in news, is located on which river?

A) Ganga
B) Brahmaputra
C) Godavari
D) Narmada

✅ Answer: B) Brahmaputra

Explanation:
NW-2 is designated on the Brahmaputra River in Assam, aimed at strengthening inland water transport and regional connectivity in the Northeast.

MCQ 1 – Cultural & Infrastructure Renaming

Q1. The Pakyong Airport in Sikkim is proposed to be renamed after:

A) U Tirot Singh
B) Trilochan Pokhrel
C) Birsa Munda
D) Bhagat Singh

✅ Answer: B) Trilochan Pokhrel

Explanation:
Sikkim Government announced renaming Pakyong Airport after freedom fighter Trilochan Pokhrel, reflecting regional historical recognition.

MCQ 1 – Banking Governance

Q1. Small Finance Banks (SFBs) in India are primarily regulated under the supervision of:

A) SEBI
B) RBI
C) IRDAI
D) Ministry of Finance

✅ Answer: B) RBI

Explanation:
Small Finance Banks are licensed and regulated by the Reserve Bank of India (RBI) under the Banking Regulation Act, 1949. Leadership appointments require RBI approval.

1. The “New Delhi Declaration on AI Impact” is primarily associated with which domain?

A) Climate finance framework
B) Global Artificial Intelligence governance
C) Cyber warfare treaty
D) Digital currency regulations

✅ Answer: B) Global Artificial Intelligence governance

Explanation:
The declaration emerged from the AI Impact Summit 2026 and focuses on ethical, inclusive, and developmental AI. It represents norm-setting in AI governance.

1. National Monetisation Pipeline (NMP) 2.0 primarily aims to:

A. Increase direct tax collections
B. Monetise brownfield public assets to fund infrastructure
C. Privatise all PSUs
D. Reduce GST rates

✅ Answer: B

Explanation:
NMP 2.0 focuses on asset monetisation (not privatisation) by unlocking value from operational public assets. Funds generated are redirected toward new infrastructure creation, helping avoid excessive fiscal expansion.