Current Affairs & MCQs
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MCQs 2026

1.
What was the primary focus of the RBI regarding the 'Globalisation of Indian Payment Systems' as mentioned in the FY24 report?
A Linking UPI with other countries' Fast Payment Systems
B Banning international credit cards
C Replacing SWIFT with a local system
D Limiting digital transactions to domestic borders
2.
Which digital payment initiative did the RBI highlight for its expansion into 'programmability' and 'offline functionality' in the FY24 report?
A Unified Payments Interface (UPI)
B Central Bank Digital Currency (CBDC)
C National Electronic Funds Transfer (NEFT)
D Bharat Bill Payment System (BBPS)
3.
As per the RBI Annual Report FY24, the Gross Non-Performing Assets (GNPA) ratio of Scheduled Commercial Banks (SCBs) fell to what level by March 2024?
A 3.9%
B 3.2%
C 2.8%
D 4.5%
4.
At what percentage did the RBI decide to maintain the Contingency Risk Buffer (CRB) for the financial year 2023-24?
A 5.50%
B 6.00%
C 6.50%
D 7.00%
5.
What is the total amount of surplus (dividend) transferred by the RBI to the Central Government for the accounting year 2023-24?
A β‚Ή87,416 crore
B β‚Ή1,23,000 crore
C β‚Ή2,10,874 crore
D β‚Ή1,50,000 crore
6.
According to the RBI Annual Report for FY24, what was India's real GDP growth rate for the financial year 2023-24?
A 7.2%
B 8.2%
C 6.5%
D 7.8%
7.
The observance of International Chernobyl Disaster Remembrance Day serves multiple purposes. Which of the following is a key objective?
A To promote nuclear energy as a safe and viable alternative.
B To honor the victims and survivors of the disaster and raise awareness about its health and environmental impacts.
C To encourage the development of new nuclear reactor designs.
D To facilitate the return of populations to the Chernobyl Exclusion Zone.
8.
Which United Nations body officially designated April 26th as International Chernobyl Disaster Remembrance Day?
A United Nations General Assembly (UNGA)
B United Nations Security Council (UNSC)
C International Atomic Energy Agency (IAEA)
D United Nations Environment Programme (UNEP)
9.
International Chernobyl Disaster Remembrance Day is observed annually on April 26th. What event does this day commemorate?
A The launch of the Chernobyl Exclusion Zone.
B The 1986 nuclear accident at the Chernobyl Nuclear Power Plant.
C The decommissioning of the Chernobyl Nuclear Power Plant.
D The signing of the treaty to clean up Chernobyl's radioactive waste.
10.
The theme for World Intellectual Property Day often highlights specific aspects of IP. While the 2026 theme is yet to be announced, past themes have focused on areas like 'IP and SMEs: Making Innovation Work for Everyone'. What does this suggest about the general focus of the day?
A It primarily focuses on the legal intricacies of patent law.
B It aims to showcase the economic and societal benefits of IP and encourage its use.
C It is exclusively for inventors and creators to showcase their work.
D It is mainly concerned with the enforcement of IP rights against piracy.