Indian MCQS list

 

1.Recently, India’s first multipurpose Green Hydrogen Pilot Project was inaugurated in which state?

[A] Himachal Pradesh

[B] Madhya Pradesh

[C] Odisha

[D] Maharashtra

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Correct Answer: A [Himachal Pradesh]

Notes:

2.According to UNCTAD report, what was the growth rate of the Indian Service Sector export in 2023?

[A] 11.4%

[B] 9.2%

[C] 8.1%

[D] 10.7%

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Correct Answer: A [11.4%]

Notes:

3.Recently, which IIT has been granted a patent for its cost-effective inverter?

[A] IIT Patna

[B] IIT Madras

[C] IIT Kanpur

[D] IIT Bombay

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Correct Answer: A [IIT Patna]

Notes:

4.Which regulatory body in India recently approved changes in mutual fund regulations to prevent front-running?

[A] Reserve Bank of India (RBI)Bank account comparison tool

[B] Securities and Exchange Board of India (SEBI)

[C] National Stock Exchange (NSE)

[D] Pension Fund Regulatory and Development Authority (PFRDA)

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Correct Answer: B [Securities and Exchange Board of India (SEBI)]

Notes:

5.How much has the fossil fuel capacity in India increased during FY24?

[A] 1.65%

[B] 2.44%

[C] 3.50%

[D] 3.80%

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Correct Answer: B [2.44%]

Notes:

6.Recently, which country has become India’s largest trading partner, surpassing the US in FY24?

[A] United States

[B] China

[C] Russia

[D] Japan

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Correct Answer: B [China]

Notes:

7.According to data released by Tea Board of India (TBI), tea production across the tea estates of Assam and Bengal may fall by what percent?

[A] 25%

[B] 50%

[C] 15%

[D] 30%

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Correct Answer: B [50%]

Notes:

8.Which bank has recently launched Pixel Pay, India’s first Virtual Credit Card?

[A] Bank of Baroda

[B] Indian Bank

[C] Axis Bank

[D] HDFC Bank

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Correct Answer: D [HDFC Bank]

Notes:

9.State-owned GAIL (India) Ltd recently launched its first Green Hydrogen Plant in which region of Madhya Pradesh?

[A] Vijaipur

[B] Balaghat

[C] Dheerpur

[D] Betul

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Correct Answer: A [Vijaipur]

Notes:

10.Business Responsibility and Sustainability Reporting (BRSR) initiative, recently seen in the news, has been introduced by which organization?

[A] SEBI

[B] NABARD

[C] DRDO

[D] ISRO

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Correct Answer: A [SEBI]

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11.ZiG currency, recently seen in news, is a new gold-backed currency launched by which country?

[A] Nigeria

[B] Zimbabwe

[C] Kenya

[D] Tanzania

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Correct Answer: B [Zimbabwe]

Notes:

12.Which institution recently released framework for Self-Regulatory Organisations (SROs) for fintech sector?

[A] RBI

[B] SEBI

[C] NABARD

[D] IRDAI

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Correct Answer: A [RBI]

Notes:

13. Bank account comparison toolWhich organization recently launched the India’s first Electric Vehicle (EV) index?

[A] Bombay Stock Exchange (BSE)

[B] National Stock Exchange (NSE)

[C] Securities and Exchange Board of India (SEBI)

[D] Madras Stock Exchange (MSE)

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Correct Answer: B [National Stock Exchange (NSE)]

Notes:

14.Which organization recently released ‘Global Economic Prospects’ report?

[A] World Bank

[B] UNEP

[C] UNDP

[D] ILO

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Correct Answer: A [World Bank]

Notes:

15.Which aerospace company recently has signed an agreement with UAE’s Edge Group to collaborate on drones, missiles, and cyber technologies?

[A] Adani Defence

[B] Tata Advanced Systems Limited

[C] Aeronautical Development Agency

[D] Mahindra Aerospace

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Correct Answer: A [Adani Defence]

Notes:

16.Which ministry has recently developed an eSankhyiki portal?

[A] Ministry of Science and Technology

[B] Ministry of Finance

[C] Ministry of Statistics and Programme Implementation

[D] Ministry of Defence

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Correct Answer: C [Ministry of Statistics and Programme Implementation ]

Notes:

17.Recently, which organization has approved a $1.5 billion loan to support India’s green hydrogen initiatives?

[A] World Bank

[B] International Monetary Fund

[C] International Bank for Reconstruction and Development

[D] International Development Association

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Correct Answer: A [World Bank]

Notes:

18.Right to Repair Portal, recently seen in news, was launched by which ministry?

[A] Ministry of Defence

[B] Ministry of Science and Technology

[C] Ministry of Power

[D] Ministry of Consumer Affairs

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Correct Answer: D [Ministry of Consumer Affair

19.Bharat Bill Payment System, recently mentioned in the news, is a payment channel system conceptualized by which institution?

[A] RBI

[B] NABARD

[C] SBI

[D] SEBI

Hide Answer

Correct Answer: A [RBI]

20.Recently, the geologists of which country have discovered two new niobium-scandium minerals, named Oboniobite and Scandio-fluoro-eckermannite?

[A] France

[B] Russia

[C] China

[D] India

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Correct Answer: C [China]

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21.What is the purpose of developing a ‘climate finance taxonomy’ as announced in the Union Budget for 2024-25?

[A] To create standards for classifying climate-related financial instruments like green bonds

[B] To guide investors and banks in directing investments toward sustainable projects to address climate change

[C] To manage risks associated with climate change

[D] To benchmark countries’ progress in climate finance

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Correct Answer: B [To guide investors and banks in directing investments toward sustainable projects to address climate change]

Notes:

22.Which country is the second largest user of non-tariff measures (NTMs) in 2023 as per WTO’s ‘World Tariff Profiles’ report 2024?

[A] Bhutan

[B] India

[C] Myanmar

[D] Nepal

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Correct Answer: B [India]

Notes:

23.What is ‘Surrogate Advertising’, recently seen in the news?

[A] A type of advertisement for new sports equipment

[B] An advertisement that duplicates the brand image of one product to promote another product of the same brand

[C] A campaign to promote public health

[D] A form of digital marketing

Hide Answer

Correct Answer: B [An advertisement that duplicates the brand image of one product to promote another product of the same brand]

24.Koderma Thermal Power Station, recently seen in the news, is located in which state?

[A] Odisha

[B] Jharkhand

[C] Maharashtra

[D] Kerala

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Correct Answer: B [Jharkhand]

Notes:

25.Kasturi Cotton Bharat, which was seen in the news, is an initiative of which ministry?

[A] Ministry of Textiles

[B] Ministry of Micro, Small and Medium Enterprises

[C] Ministry of Agriculture

[D] Ministry of Finance

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Correct Answer: A [Ministry of Textiles]

Notes:

26.What is an ‘Overnight Index Swap (OIS)’, recently seen in news?

[A] A fixed-income security

[B] A derivative instrument that swaps fixed-rate returns with a daily overnight index

[C] A type of equity investment

[D] A foreign exchange contract

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Correct Answer: B [A derivative instrument that swaps fixed-rate returns with a daily overnight index ]

Notes.

One institution swaps a floating overnight rate while the other swaps a fixed short-term rate, settling differences at the end of the agreement.

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27.Which is a nodal ministry of ‘Investor Education Protection Fund (IEPF)’, recently seen in news?

[A] Ministry of Corporate Affairs

[B] Ministry of Home Affairs

[C] Ministry of Finance

[D] Ministry of Education

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Correct Answer: A [Ministry of Corporate Affairs]

Notes:

28.What are Catastrophe bonds (CAT bonds), recently mentioned in news?

[A] Financial instruments that offer high returns in exchange for bearing the risk of disasters

[B] Bonds issued to fund government infrastructure projects

[C] Short-term investment options with guaranteed returns

[D] Low-risk financial instruments with steady returns

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Correct Answer: A [Financial instruments that offer high returns in exchange for bearing the risk of disasters]

Notes:

29.Recently, which ministry organized the World Audio Visual & Entertainment Summit (WAVES), recently in news?

[A] Ministry of Consumer Affairs

[B] Ministry of Information Broadcasting

[C] Ministry of New and Renewable Energy

[D] Ministry of Defence

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Correct Answer: B [Ministry of Information Broadcasting]

Notes:

30.Which organization is currently running a pilot for the Unified Lending Interface (ULI)?

[A] State Bank of India (SBI)

[B] National Payments Corporation of India (NPCI)

[C] Reserve Bank of India (RBI)

[D] Ministry of Finance

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