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232 questions · page 8 of 8
- Persons in News25 Apr 2026
Dabur India Limited — one of India's leading FMCG companies — was founded in:
- A.1864
- B.1884
- C.1904
- D.1947
Show solution
Answer: B. 1884
Dabur was founded in 1884 by Dr. S.K. Burman in Kolkata as a small Ayurvedic medicines business. The corporate headquarters is now in Ghaziabad, Uttar Pradesh. Dabur is one of India's largest FMCG companies and is known for its strong presence in healthcare, personal care, and food products — particularly in Ayurvedic and natural products.
Read source story → - Economy & Banking25 Apr 2026
What is the maximum deposit limit per individual customer in a payments bank in India (as raised in April 2021)?
- A.₹50,000
- B.₹1 lakh
- C.₹2 lakh
- D.₹5 lakh
Show solution
Answer: C. ₹2 lakh
The maximum deposit limit per individual customer in a payments bank was raised from ₹1 lakh to ₹2 lakh in April 2021. Payments banks cannot offer credit/loans — a key restriction that distinguishes them from commercial banks and small finance banks.
Read source story → - Polity & Governance25 Apr 2026
NITI Aayog was established on:
- A.15 August 2014
- B.1 January 2015
- C.26 January 2015
- D.1 April 2015
Show solution
Answer: B. 1 January 2015
NITI Aayog (National Institution for Transforming India) was established on 1 January 2015 by an executive resolution of the Union Cabinet — replacing the Planning Commission, which had been in place since 15 March 1950. NITI Aayog was NOT created by an Act of Parliament.
Read source story → - Polity & Governance25 Apr 2026
The Supreme Court grounded reproductive autonomy as a fundamental right under which Article of the Constitution?
- A.Article 14
- B.Article 19(1)(a)
- C.Article 21
- D.Article 32
Show solution
Answer: C. Article 21
The Court held that reproductive autonomy is part of personal liberty guaranteed under Article 21 of the Constitution (Right to Life and Personal Liberty). Article 21 has been expansively interpreted by the SC to include dignity, privacy, and reproductive choice as fundamental rights.
Read source story → - International25 Apr 2026
India and Pakistan became full members of the SCO in:
- A.2005
- B.2010
- C.2015
- D.2017
Show solution
Answer: D. 2017
India and Pakistan became full members of the SCO on 9 June 2017 at the Astana Summit. Both countries had held observer status since 2005 before becoming full members. India's accession reflects its growing engagement with Eurasia and Central Asia.
Read source story → - Economy & Banking25 Apr 2026
After cancellation of a banking licence, RBI must approach which forum for winding-up proceedings?
- A.NCLT (National Company Law Tribunal)
- B.Supreme Court of India
- C.High Court (under BR Act Section 38)
- D.Insolvency and Bankruptcy Board of India
Show solution
Answer: C. High Court (under BR Act Section 38)
Under Section 38 of the Banking Regulation Act, 1949, the RBI must approach the High Court (having jurisdiction over the bank's registered office) for winding-up proceedings of a banking company. While the Companies Act, 2013 generally vests winding-up jurisdiction with the NCLT, banking company winding-up has a specific BR Act framework that retains High Court jurisdiction.
Read source story → - International25 Apr 2026
UNIDO's headquarters is located in:
- A.New York, USA
- B.Geneva, Switzerland
- C.Vienna, Austria
- D.Paris, France
Show solution
Answer: C. Vienna, Austria
UNIDO (United Nations Industrial Development Organization) is headquartered in Vienna, Austria. Other UN specialised agencies headquartered in Vienna include the International Atomic Energy Agency (IAEA), UN Office on Drugs and Crime (UNODC), and CTBTO Preparatory Commission — collectively referred to as 'Vienna-based UN organisations'.
Read source story → - International25 Apr 2026
China's 'panda diplomacy' with the United States symbolically dates back to which year and event?
- A.1949 — Founding of the People's Republic of China
- B.1971 — UN admission of PRC
- C.1972 — President Richard Nixon's visit to China
- D.1979 — Formal US-China diplomatic relations
Show solution
Answer: C. 1972 — President Richard Nixon's visit to China
Panda diplomacy with the US dates to 1972, when China gifted a pair of pandas (Ling-Ling and Hsing-Hsing) to the National Zoo in Washington D.C. following US President Richard Nixon's historic visit to China (21-28 February 1972) — which ended decades of US-China estrangement and led to the Shanghai Communiqué.
Read source story → - Polity & Governance25 Apr 2026
Under the Medical Termination of Pregnancy (Amendment) Act, 2021, termination beyond 24 weeks for substantial foetal abnormalities requires approval from:
- A.Two Registered Medical Practitioners (RMPs)
- B.A Magistrate
- C.A Medical Board constituted by the State Government
- D.The Director of Health Services
Show solution
Answer: C. A Medical Board constituted by the State Government
Under the MTP (Amendment) Act, 2021, termination beyond 24 weeks for substantial foetal abnormalities requires approval from a Medical Board constituted by the State/UT Government. The Medical Board comprises a gynaecologist, paediatrician, radiologist/sonologist, and other notified specialists. Cases beyond 24 weeks for reasons other than foetal abnormalities (like the present minor's case) typically require court intervention.
Read source story → - Economy & Banking25 Apr 2026
The largest component of India's foreign exchange reserves is:
- A.Gold reserves
- B.Special Drawing Rights (SDRs)
- C.Reserve position in the IMF
- D.Foreign Currency Assets (FCA)
Show solution
Answer: D. Foreign Currency Assets (FCA)
Foreign Currency Assets (FCA) is the largest component of India's forex reserves — typically around 80% of total reserves. FCA includes foreign currencies, deposits with foreign central banks and the Bank for International Settlements (BIS), and foreign government securities (mainly US Treasuries). For week ended 17 April 2026, FCA stood at $557.46 billion.
Read source story → - Economy & Banking25 Apr 2026
India's Ethanol Blending Programme (EBP) targets achieving E20 (20% ethanol blending in petrol) by:
- A.2023-24
- B.2025-26
- C.2027-28
- D.2030
Show solution
Answer: B. 2025-26
India's target for E20 (20% ethanol blending) is 2025-26 — advanced from the original 2030 target. India achieved E10 (10% blending) in mid-2022, well ahead of schedule. The Programme is administered by the Ministry of Petroleum and Natural Gas through Oil Marketing Companies (IOC, BPCL, HPCL).
Read source story → - Economy & Banking25 Apr 2026
Payments Banks in India were introduced based on the recommendations of which committee?
- A.P.J. Nayak Committee
- B.Nachiket Mor Committee (2014)
- C.Bimal Jalan Committee
- D.Urjit Patel Committee
Show solution
Answer: B. Nachiket Mor Committee (2014)
Payments Banks were introduced based on the recommendations of the Nachiket Mor Committee on Comprehensive Financial Services for Small Businesses and Low-Income Households (report submitted January 2014). RBI issued payments-bank guidelines in November 2014 and granted in-principle approvals to 11 entities in August 2015.
Read source story → - Economy & Banking25 Apr 2026
India's foreign exchange reserves stood at what level for the week ended 17 April 2026?
- A.$652.31 billion
- B.$700.946 billion
- C.$703.31 billion
- D.$728.494 billion
Show solution
Answer: C. $703.31 billion
India's forex reserves rose by $2.36 billion to $703.31 billion for the week ended 17 April 2026, according to RBI data. $700.946 billion was the previous week's level (10 April), and $728.494 billion was the all-time high reached in February 2026.
Read source story → - Polity & Governance25 Apr 2026
The incoming Vice-Chairman of NITI Aayog (replacing Suman Bery in 2026) is:
- A.Arvind Subramanian
- B.Krishnamurthy Subramanian
- C.Ashok Lahiri
- D.Sanjeev Sanyal
Show solution
Answer: C. Ashok Lahiri
Ashok Lahiri — former Chief Economic Adviser to the Government of India, former head of NIPFP, member of the 15th Finance Commission, and currently a BJP MLA from Balurghat (West Bengal) — is set to be appointed as the new Vice-Chairman of NITI Aayog. Arvind Subramanian and Krishnamurthy Subramanian are former CEAs (different individuals); Sanjeev Sanyal is currently a member of the EAC-PM.
Read source story → - Economy & Banking25 Apr 2026
RBI's power to cancel a banking licence is provided under which provision of the Banking Regulation Act, 1949?
- A.Section 22
- B.Section 35
- C.Section 36AB
- D.Section 38
Show solution
Answer: C. Section 36AB
Section 36AB of the Banking Regulation Act, 1949 (added by amendment) explicitly empowers the RBI to cancel a banking licence where the operations of the bank are detrimental to depositor interests or public interest. Section 22 provides for INITIAL ISSUANCE of banking licences; Section 35 governs INSPECTIONS; Section 38 deals with WINDING-UP PROCEEDINGS in the High Court.
Read source story → - Defence25 Apr 2026
The new digital name panels at the Basra Memorial in Iraq commemorate how many Indian Army soldiers from the First World War?
- A.13,000
- B.23,000
- C.33,000
- D.46,000
Show solution
Answer: C. 33,000
The Commonwealth War Graves Commission (CWGC) has commemorated 33,000 Indian Army soldiers who died in the First World War's Mesopotamia Campaign through new digital name panels at the Basra Memorial. The number 46,000 refers to the OTHER Commonwealth service personnel already commemorated.
Read source story → - Economy & Banking25 Apr 2026
Which of the following is a key restriction on payments banks in India that distinguishes them from commercial banks?
- A.Cannot accept demand deposits
- B.Cannot offer credit/loans
- C.Cannot issue debit cards
- D.Cannot facilitate digital payments
Show solution
Answer: B. Cannot offer credit/loans
Payments banks CANNOT offer credit/loans — this is a key restriction distinguishing them from commercial banks and small finance banks. Payments banks CAN: accept demand deposits up to ₹2 lakh per customer, issue ATM/debit cards, facilitate payments and remittances, distribute non-risk-sharing financial products (mutual funds, insurance, pension).
Read source story → - Economy & Banking25 Apr 2026
For the week ended 17 April 2026, India's Foreign Currency Assets (FCA) — the largest component of forex reserves — stood at:
- A.$417.46 billion
- B.$497.46 billion
- C.$557.46 billion
- D.$617.46 billion
Show solution
Answer: C. $557.46 billion
Foreign Currency Assets (FCA) stood at $557.46 billion for the week ended 17 April 2026 — up $1.48 billion week-on-week. FCA is typically about 80% of India's total forex reserves and includes foreign currencies, deposits with foreign central banks and BIS, and foreign government securities (mainly US Treasuries).
Read source story → - International25 Apr 2026
The Shanghai Cooperation Organisation (SCO) was founded in which year?
- A.1996
- B.2001
- C.2005
- D.2017
Show solution
Answer: B. 2001
The SCO was founded on 15 June 2001 in Shanghai, China. It succeeded the 'Shanghai Five' grouping (founded 1996, comprising China, Russia, Kazakhstan, Kyrgyzstan, and Tajikistan), with Uzbekistan joining in 2001 to transform it into the SCO. The SCO Charter was adopted in June 2002.
Read source story → - Defence25 Apr 2026
How many Victoria Crosses (VCs) — the British Empire's highest military gallantry award — were awarded to Indian soldiers during the First World War?
- A.7
- B.9
- C.11
- D.15
Show solution
Answer: C. 11
Eleven Victoria Crosses were awarded to Indian soldiers during the First World War — recognition of their gallantry across multiple fronts including Mesopotamia, the Western Front, East Africa, and Palestine. The VC was instituted in 1856 by Queen Victoria as the highest gallantry award of the British Empire.
Read source story → - Economy & Banking25 Apr 2026
Which country has recently overtaken India as the leading exporter of corn (maize) to Bangladesh?
- A.United States
- B.Argentina
- C.Brazil
- D.Ukraine
Show solution
Answer: C. Brazil
Brazil has overtaken India as the leading exporter of corn (maize) to Bangladesh. For years India had held the dominant position thanks to competitive pricing and geographical proximity, but since 2024 rising domestic demand — especially for ethanol production under India's Ethanol Blending Programme — has reduced India's export capacity. Brazil capitalised with large-scale production, efficient supply chains, and consistent supply volumes.
Read source story → - International25 Apr 2026
The SCO Regional Anti-Terrorist Structure (RATS) — focused on counter-terrorism cooperation — is headquartered in:
- A.Beijing, China
- B.Moscow, Russia
- C.Tashkent, Uzbekistan
- D.Bishkek, Kyrgyzstan
Show solution
Answer: C. Tashkent, Uzbekistan
The Regional Anti-Terrorist Structure (RATS) of the SCO is headquartered in Tashkent, Uzbekistan. It was established in 2004 as a permanent body for counter-terrorism cooperation and intelligence sharing among SCO member states. The SCO Secretariat (separate from RATS) is in Beijing, China.
Read source story →