(1.) What is the interest subvention rate provided on export factoring costs under the "Niryat Protsahan" initiative launched on 20th February 2026?

(a.) 1.50%

(b.) 2.00%

(c.) 2.75%

(d.) 3.50%

(2.) Under the Direct E-Commerce Credit Facility launched under Niryat Protsahan, what percentage of partial credit guarantee coverage is provided for loans up to Rs 50 lakh?

(a.) 50%

(b.) 75%

(c.) 90%

(d.) 100%

(3.) Which Union Minister launched seven new interventions under the Export Promotion Mission on 20th February 2026?

(a.) Piyush Goyal

(b.) Nirmala Sitharaman

(c.) Ashwini Vaishnaw

(d.) S. Jaishankar

(4.) India officially signed an agreement on 20th February 2026 to join which US-led international alliance focused on artificial intelligence and critical mineral supply chains?

(a.) Chip 4 Alliance

(b.) Pax Silica

(c.) Mineral Security Partnership

(d.) Indo-Pacific Supply Chain Pact

(5.) Where was the first-ever European Legal Gateway Office in India inaugurated on 20th February 2026?

(a.) Mumbai

(b.) Bengaluru

(c.) New Delhi

(d.) Hyderabad

(6.) Who represented the European Commission during the joint inauguration of the European Legal Gateway Office in New Delhi?

(a.) Henna Virkkunen

(b.) Ursula von der Leyen

(c.) Roberta Metsola

(d.) Kaja Kallas

(7.) Which international council meeting took place on the final day (20th February 2026) of the India AI Impact Summit at Bharat Mandapam?

(a.) BRICS Tech Council

(b.) GPAI (Global Partnership on AI) Ministerial Council

(c.) G20 Digital Economy Taskforce

(d.) OECD AI Governance Board

(8.) On which date is the World Day of Social Justice observed globally every year?

(a.) 15 February

(b.) 18 February

(c.) 20 February

(d.) 25 February

(9.) What is the maximum annual assistance limit per MSME under the Export Factoring interest subvention scheme launched on 20th Feb 2026?

(a.) Rs 25 lakh

(b.) Rs 50 lakh

(c.) Rs 1 crore

(d.) Rs 2 crore

(10.) Under the Overseas Inventory Credit Facility for e-commerce exporters, what is the maximum credit support available with 75% guarantee coverage?

(a.) Rs 1 crore

(b.) Rs 2.5 crore

(c.) Rs 5 crore

(d.) Rs 10 crore

(11.) Which country partnered with India to launch the dedicated Offshore Wind Taskforce during the AI Impact Summit week in February 2026?

(a.) United States

(b.) United Kingdom

(c.) Germany

(d.) Japan

(12.) Who represented the United States during the official signing ceremony of the Pax Silica agreement with India in New Delhi?

(a.) Sergio Gor

(b.) Eric Garcetti

(c.) Antony Blinken

(d.) Jake Sullivan

(13.) Which joint strategic roadmap between India and the EU was highlighted during the inauguration of the European Legal Gateway Office?

(a.) Towards 2030: Joint India-EU Comprehensive Strategic Agenda

(b.) EU-India Digital Connectivity Charter 2025

(c.) Horizon Europe Mobility Pact

(d.) Euro-Asia Talent Corridor 2030

(14.) Which Department under the Ministry of Commerce and Industry oversees the Export Promotion Mission (EPM)?

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

(b.) Department of Commerce

(c.) Department of Economic Affairs

(d.) Department of Revenue

(15.) Which venue hosted the 5-day India AI Impact Summit 2026 from 16 to 20 February 2026?

(a.) Yashobhoomi

(b.) Bharat Mandapam

(c.) Vigyan Bhawan

(d.) Jio Convention Centre

(16.) Export Factoring, introduced under Niryat Protsahan, primarily serves as a financial tool for which purpose?

(a.) Eliminating customs duties on imported raw materials

(b.) Providing short-term working capital by purchasing export receivables at a discount

(c.) Subsidizing ocean freight shipping rates by 50%

(d.) Waiving GST obligations for foreign buyers

(17.) The international coalition "Pax Silica" focuses on building resilient supply chains primarily for which sector?

(a.) Agricultural grain storage

(b.) Silicon, critical minerals, and artificial intelligence hardware

(c.) Petroleum and natural gas refining

(d.) Pharmaceutical active ingredients

(18.) Who is the current External Affairs Minister of India who co-inaugurated the European Legal Gateway Office on 20th Feb 2026?

(a.) S. Jaishankar

(b.) Rajnath Singh

(c.) Piyush Goyal

(d.) Amit Shah

(19.) In which year did the United Nations General Assembly officially adopt the resolution designating 20 February as World Day of Social Justice?

(a.) 2001

(b.) 2007

(c.) 2012

(d.) 2015

(20.) Which financial regulatory authorities in India must recognize entities through which export factoring transactions are eligible for interest subvention under Niryat Protsahan?

(a.) SEBI and IRDAI

(b.) RBI and IFSCA

(c.) NABARD and SIDBI

(d.) PFRDA and CCI

(21.) Which state in India earmarked Gujarat and Tamil Nadu for early-stage development of offshore wind power under the VGF scheme announced during the AI Summit week?

(a.) Gujarat and Tamil Nadu

(b.) Maharashtra and Goa

(c.) Kerala and Karnataka

(d.) Odisha and Andhra Pradesh

(22.) What is the full expansion of the abbreviation "MSME" in the Indian economic framework?

(a.) Micro, Small and Medium Enterprises

(b.) Macro, Small and Moderate Enterprises

(c.) Manufacturing, Shipping and Marketing Entities

(d.) Mutual, Social and Municipal Enterprises

(23.) What is the annual ceiling for interest subvention per applicant under the Credit Assistance for E-Commerce Exporters scheme?

(a.) Rs 5 lakh

(b.) Rs 10 lakh

(c.) Rs 15 lakh

(d.) Rs 25 lakh

(24.) The European Legal Gateway Office in New Delhi was established in partnership with which international organization?

(a.) International Centre for Migration Policy Development (ICMPD)

(b.) International Labour Organization (ILO)

(c.) International Organization for Migration (IOM)

(d.) UN High Commissioner for Refugees (UNHCR)

(25.) Who is the Union Minister for Electronics and Information Technology who signed the Pax Silica pact for India?

(a.) Ashwini Vaishnaw

(b.) Jyotiraditya Scindia

(c.) Hardeep Singh Puri

(d.) Mansukh Mandaviya

(26.) Which acronym describes the financial subvention mechanism integrated digitally for Niryat Protsahan claim disbursals?

(a.) Direct Benefit Transfer (DBT)

(b.) Digital Claim Mechanism

(c.) Automated Export Refund (AER)

(d.) Unified Exporter Gateway (UEG)

(27.) How many total member nations currently participate in the Global Partnership on Artificial Intelligence (GPAI)?

(a.) 15

(b.) 20

(c.) 29

(d.) 45

(28.) Which among the following is a primary objective of the Export Promotion Mission (EPM)?

(a.) Imposing export quotas on agricultural goods

(b.) Expanding market access for MSMEs and promoting non-traditional exports

(c.) Nationalizing private shipping companies

(d.) Banning foreign direct investment in retail

(29.) What does "IFSCA" stand for in the context of Indian international financial regulation?

(a.) International Financial Services Centres Authority

(b.) Indian Federation of Small Commercial Agencies

(c.) Integrated Financial Security and Credit Association

(d.) International Free Trade and Shipping Council

(30.) What primary gap in the European job market does the European Legal Gateway Office seek to address via Indian talent pools?

(a.) Shortage of agricultural manual labor

(b.) Demand for skilled talent in digital, scientific, and emerging technology sectors

(c.) Lack of administrative civil servants in EU bodies

(d.) Deficit of transport drivers across Western Europe