MCQs - 2026-04

As a Central Bank Digital Currency (CBDC), the Digital Rupee (e₹) is issued by the Reserve Bank of India, the country's central bank.

The primary objectives of e₹ include reducing currency management costs, enhancing payment system efficiency, and providing an alternative to physical cash. While it might indirectly benefit financial inclusion, it's not its direct primary objective in the same way as other government schemes.

The nationwide rollout of the Digital Rupee (e₹) by the RBI is primarily for the retail segment (e₹-R), allowing the general public to use it for transactions. While a wholesale CBDC (e₹-W) was also piloted, the public rollout focuses on retail use.

The Ministry of Jal Shakti is the nodal ministry responsible for the planning, implementation, and monitoring of the Jal Jeevan Mission.

The target year for achieving Functional Household Tap Connections (FHTC) to every rural household under JJM is 2024.

The primary objective of Jal Jeevan Mission is to provide safe and adequate drinking water through individual Functional Household Tap Connections (FHTC) to all rural households by 2024.

Skill development missions aim to equip youth with skills that are relevant to current industry demands, leading to better employment opportunities and certified qualifications.

The Ministry of Skill Development and Entrepreneurship (MSDE) is the nodal ministry for all skill development initiatives in India, including those focused on youth.

Youth Skill Development Missions like 'Yuva Kaushal Vikas Abhiyan' are designed to bridge the skill gap and enhance employability among the youth, thereby addressing unemployment.

The original target for achieving 'Housing for All' under PMAY-U was set for the year 2022. The scheme has since been extended.