(1.) Which regulatory framework has the Reserve Bank of India (RBI) operationalized on July 3, 2026, to replace the legacy incurred loss provisioning model?

(a.) Expected Credit Loss (ECL) Model

(b.) Cash Flow Provisioning Framework

(c.) Capital Asset Pricing Model

(d.) Dynamic Liquidity Ratio System

(2.) What is the total financial outlay approved by the CCEA for the National Critical Minerals Infrastructure Mission (NCMIM) on July 3, 2026?

(a.) ₹10,000 Crore

(b.) ₹12,500 Crore

(c.) ₹16,500 Crore

(d.) ₹20,000 Crore

(3.) Which two entities jointly launched the Space Technology Incubator Network 2.0 (STIN 2.0) on July 3, 2026?

(a.) ISRO and DRDO

(b.) ISRO and IN-SPACe

(c.) IN-SPACe and NSIL

(d.) DRDO and NITI Aayog

(4.) What is the maximum seed funding grant provided per startup under the Space Technology Incubator Network 2.0 (STIN 2.0)?

(a.) ₹50 Lakh

(b.) ₹1 Crore

(c.) ₹2 Crore

(d.) ₹5 Crore

(5.) Under which defence innovation framework was the ₹450 crore procurement contract for AI-autonomous swarm drones awarded in July 2026?

(a.) iDEX Prime

(b.) Technology Development Fund (TDF)

(c.) Make-in-India Defense Hub

(d.) Aatmanirbhar Defence Cell

(6.) What maximum subsidy on certification costs is offered to Micro Enterprises under the ZED 2.0 Scheme launched by QCI and BIS?

(a.) 50%

(b.) 60%

(c.) 75%

(d.) 80%

(7.) Which two international organizations jointly released the Global Soil Organic Carbon (GSOC) Assessment Report 2026?

(a.) FAO and UNEP

(b.) UNDP and World Bank

(c.) UNESCO and WHO

(d.) UNEP and World Meteorological Organization

(8.) Where are the headquarters of the Food and Agriculture Organization (FAO) located?

(a.) Geneva, Switzerland

(b.) Rome, Italy

(c.) Nairobi, Kenya

(d.) Paris, France

(9.) How many critical mineral processing hubs will be established across India under the National Critical Minerals Infrastructure Mission (NCMIM)?

(a.) 3

(b.) 5

(c.) 7

(d.) 10

(10.) Under the RBI Expected Credit Loss (ECL) framework, what classification is assigned to standard assets that show a Significant Increase in Credit Risk (SICR)?

(a.) Stage 1 Assets

(b.) Stage 2 Assets

(c.) Stage 3 Assets

(d.) Stage 4 Assets

(11.) In which year was the Innovations for Defence Excellence (iDEX) initiative launched by Prime Minister Narendra Modi?

(a.) 2015

(b.) 2018

(c.) 2020

(d.) 2022

(12.) Which organization functions as the executive body managing the iDEX framework under the Ministry of Defence?

(a.) Defence Research and Development Organisation

(b.) Defence Innovation Organisation (DIO)

(c.) Bharat Dynamics Limited

(d.) Ordnance Factory Board

(13.) What is the full expansion of the ZED scheme implemented for MSMEs in India?

(a.) Zero Defect Zero Effect

(b.) Zero Debt Zero Expense

(c.) Zone Development and Ecological Expansion

(d.) Zero Disruption Economic Excellence

(14.) Which statutory act was amended in 2023 to enable private sector participation in critical mineral mining in India?

(a.) Mines and Minerals (Development and Regulation) Act

(b.) Coal Mines Special Provisions Act

(c.) Environment Protection Act

(d.) Forest Conservation Act

(15.) How many total critical and strategic minerals were designated under the Schedule to the MMDR Act for specialized exploration licensing?

(a.) 12

(b.) 18

(c.) 24

(d.) 30

(16.) IN-SPACe (Indian National Space Promotion and Authorization Centre) functions as an autonomous single-window nodal agency under which department?

(a.) Department of Science and Technology

(b.) Department of Space

(c.) Department of Defence Production

(d.) Ministry of Electronics and IT

(17.) What certification tier was newly introduced in the ZED 2.0 framework to benchmark carbon footprint reduction for MSMEs?

(a.) Bronze Plus

(b.) Silver Eco

(c.) Gold Net Zero

(d.) Platinum Green

(18.) As per the FAO/UNEP Global Soil Organic Carbon Report 2026, which Indian agricultural initiative was commended as a global model for soil carbon restoration?

(a.) PM-KISAN Scheme

(b.) Soil Health Card Scheme 2.0

(c.) PM Krishi Sinchayee Yojana

(d.) Sub-Mission on Agricultural Mechanization

(19.) Which public sector organization functions as the promoter of Quality Council of India (QCI) alongside major industry chambers?

(a.) NITI Aayog

(b.) Department for Promotion of Industry and Internal Trade (DPIIT)

(c.) Ministry of Corporate Affairs

(d.) SEBI

(20.) What does the abbreviation ECL stand for in banking risk management and accounting standards?

(a.) Expected Credit Loss

(b.) Equated Cash Liability

(c.) Enhanced Capital Liquidity

(d.) External Credit Linkage

(21.) In which state is the NTPC Pudimadaka green hydrogen and green urea complex being constructed?

(a.) Tamil Nadu

(b.) Andhra Pradesh

(c.) Gujarat

(d.) Odisha

(22.) Which type of Scheduled Commercial Banks are EXEMPTED from the RBI ECL dynamic provisioning framework operationalized in July 2026?

(a.) Public Sector Banks

(b.) Private Sector Banks

(c.) Regional Rural Banks (RRBs)

(d.) Foreign Banks with over 20 branches

(23.) Which Ministry oversees the implementation of the iDEX framework in India?

(a.) Ministry of Home Affairs

(b.) Ministry of Defence

(c.) Ministry of Science and Technology

(d.) Ministry of Electronics and IT

(24.) What is the target count of regional academic incubator nodes created under ISRO/IN-SPACe STIN 2.0?

(a.) 4

(b.) 6

(c.) 8

(d.) 12

(25.) What percentage subsidy on ZED 2.0 certification cost is allocated for Small Enterprises?

(a.) 50%

(b.) 60%

(c.) 70%

(d.) 80%

(26.) According to the Banking Regulation Act 1949, which section grants RBI the statutory power to issue binding directions to commercial banks regarding asset classification?

(a.) Section 21 and Section 35A

(b.) Section 10 and Section 12

(c.) Section 42 and Section 45

(d.) Section 56 and Section 58

(27.) Which organization is India's national standards body working under the Ministry of Consumer Affairs, Food and Public Distribution?

(a.) Bureau of Indian Standards (BIS)

(b.) Quality Council of India (QCI)

(c.) FSSAI

(d.) NITI Aayog

(28.) In the context of critical minerals, what does the abbreviation REE stand for?

(a.) Renewable Energy Elements

(b.) Rare Earth Elements

(c.) Refined Engine Emissions

(d.) Resource Efficiency Estimate

(29.) Which carbon mechanism introduced by the European Union targets emissions embedded in imported goods like steel, aluminum, and fertilizers?

(a.) Clean Development Mechanism (CDM)

(b.) Carbon Border Adjustment Mechanism (CBAM)

(c.) Global Carbon Tax Framework (GCTF)

(d.) Emissions Trading Scheme 2.0

(30.) What is the primary objective of the National Critical Minerals Infrastructure Mission (NCMIM)?

(a.) Export raw mineral ores to overseas markets

(b.) Establish domestic critical mineral processing hubs and secure clean energy supply chains

(c.) Ban all mineral exploration in coastal regions

(d.) Nationalize all private mining corporations