MCQs 2026

NPA refers to a loan or advance for which the principal or interest payment remained overdue for a specified period, typically 90 days.

Effective resolution of stressed assets ensures that capital is not locked up in unproductive loans, allowing for more efficient allocation to productive sectors of the economy.

By improving the management of stressed assets, the guidelines are expected to enhance the overall asset quality and financial stability of Indian banks.

The guidelines are designed to improve the framework for identifying and resolving stressed assets promptly, thereby strengthening the banking sector's financial health.

The Reserve Bank of India (RBI) is the central banking institution responsible for regulating the banking sector and issuing guidelines related to stressed asset resolution.

A major goal of the mission is to decrease India's reliance on imported fossil fuels by promoting domestic production and use of green hydrogen.

India has pledged to achieve net-zero emissions by the year 2070, a commitment that necessitates a strong focus on clean energy transitions like the Green Hydrogen Mission.

The mission is projected to generate substantial employment across the green hydrogen value chain, contributing to economic growth and skill development in the renewable energy sector.

The Ministry of New and Renewable Energy (MNRE) is the nodal ministry responsible for promoting renewable energy sources and initiatives like the National Green Hydrogen Mission.

The National Green Hydrogen Mission aims to establish India as a global leader in the production, utilization, and export of green hydrogen, aligning with the country's clean energy goals.