Current Affairs & MCQs
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MCQs 2026

1.
For which competitive exam would understanding the impact of tax reforms on foreign direct investment (FDI) and government fiscal policies be particularly relevant?
A UPSC Prelims - History
B SSC CGL - English Language
C Banking Exams - General Awareness/Economy
D UPSC Mains - Ethics, Integrity, and Aptitude
2.
The GMCT framework, also known as Pillar Two, is part of which broader OECD/G20 initiative?
A Sustainable Development Goals (SDGs)
B Base Erosion and Profit Shifting (BEPS) project
C Global Financial Stability Report
D Action Plan for Climate Finance
3.
Which of the following is a key objective of the GMCT framework?
A To encourage tax havens
B To reduce corporate tax rates globally
C To curb corporate tax avoidance and profit shifting
D To increase tax competition among nations
4.
What is the minimum effective corporate tax rate mandated by the GMCT framework for large multinational enterprises (MNEs)?
A 10%
B 12.5%
C 15%
D 20%
5.
The Global Minimum Corporate Tax (GMCT) framework is primarily being developed and promoted by which international body?
A International Monetary Fund (IMF)
B World Trade Organization (WTO)
C Organisation for Economic Co-operation and Development (OECD)
D United Nations (UN)
6.
For which competitive exam would understanding the impact of digitalization on governance and the challenges of digital inclusion be particularly relevant?
A SSC CGL - English Language
B Banking Clerk - Quantitative Aptitude
C UPSC Mains - Governance and Social Justice
D UPSC Prelims - Economics
7.
By 2026, the Digital India initiative is expected to place a greater emphasis on which emerging technologies?
A Steam engines and telegraphy
B Artificial Intelligence (AI) and Machine Learning (ML)
C Analog computing and vacuum tubes
D Fax machines and dial-up modems
8.
Which of the following is an example of a service or platform promoted under the Digital India initiative?
A National Rural Employment Guarantee Act (NREGA)
B Pradhan Mantri Jan Dhan Yojana (PMJDY)
C DigiLocker
D Swachh Bharat Abhiyan
9.
Which of the following is a key objective of the Digital India initiative?
A To promote traditional crafts
B To provide digital infrastructure as a utility
C To restrict internet access
D To increase reliance on manual record-keeping
10.
The 'Digital India' initiative was launched in which year?
A 2010
B 2015
C 2018
D 2020