Score: 0 / 50
Attempted: 0
Remaining: 50
Correct: 0
Wrong: 0
Which organization launched the Responsible Nations Index?
- World Intellectual Foundation
- World Economic Forum
- NITI Aayog
- United Nations
Explanation: The Responsible Nations Index was launched by the World Intellectual Foundation, focusing on Internal, Environmental, and External Responsibility.
What is India’s rank in the Henley Passport Index 2026?
- 80th
- 85th
- 75th
- 90th
Explanation: India improved by 5 places to rank 80th globally in the Henley Passport Index 2026.
According to the Henley Passport Index 2026, which country has the world’s strongest passport?
- Singapore
- Japan
- Germany
- South Korea
Explanation: Singapore ranked 1st with access to 192 destinations visa-free.
How many destinations does the Indian passport offer visa-free or eTA access to in 2026?
- 55
- 60
- 45
- 75
Explanation: Indian passport holders can access 55 destinations without a prior visa.
What is the projected global unemployment rate for 2026 as per the ILO report?
- 4.9%
- 5.5%
- 4.0%
- 6.2%
Explanation: The global unemployment rate is projected to remain at 4.9%, equivalent to 186 million people.
Which city was named the World’s Safest City for the 10th consecutive year by the Numbeo Global Safety Index?
- Abu Dhabi
- Dubai
- Singapore
- Tokyo
Explanation: Abu Dhabi ranked as the world’s safest city for the 10th consecutive year in the Numbeo Global Safety Index.
According to the PLFS Q3 (Oct-Dec) FY 2025-26 data, what was India’s overall unemployment rate?
- 4.8%
- 5.4%
- 6.7%
- 3.9%
Explanation: The unemployment rate declined to 4.8% in Q3 FY26, marking a three-quarter low.
What was the Labour Force Participation Rate (LFPR) in India in Q3 FY26 according to the PLFS report?
- 55.8%
- 51.2%
- 60.5%
- 48.9%
Explanation: LFPR increased to 55.8% in Q3 from 55.1% in Q2, driven by higher female participation.
In Q3 FY26, what was the youth unemployment rate (Age 15-29) according to the PLFS report?
- 14.3%
- 16.6%
- 12.5%
- 18.2%
Explanation: Youth unemployment declined to 14.3% from 14.8% in the previous quarter.
Which organization proposed a comprehensive “Survey on Migration” for 2026-27?
- National Statistics Office (NSO) under MoSPI
- NITI Aayog
- Ministry of Labour and Employment
- Reserve Bank of India (RBI)
Explanation: The National Statistics Office (NSO) under MoSPI proposed the Survey on Migration for the period July 2026 – June 2027.
According to the NASSCOM report, India’s IT services industry revenue is expected to reach what amount in FY26?
- $315 billion
- $250 billion
- $400 billion
- $200 billion
Explanation: India’s IT services industry revenue is expected to reach $315 billion in FY26, a 6.1% year-on-year growth.
What is the estimated AI revenue for the Indian IT sector in FY26 according to NASSCOM?
- $10-12 billion
- $2-5 billion
- $20-25 billion
- $50 billion
Explanation: AI revenue is estimated at $10-12 billion in FY26, with significant integration of AI into service delivery.
What is India’s GDP growth forecast for FY 2026-27 projected by Moody’s Ratings?
- 6.4%
- 7.2%
- 6.8%
- 7.5%
Explanation: Moody’s Ratings projected India’s GDP growth at 6.4% for FY 2026-27, expected to be the fastest among G-20 economies.
What is the updated Base Year for GDP calculation in India as per the new MoSPI series?
- 2022-23
- 2011-12
- 2018-19
- 2020-21
Explanation: The Base Year for GDP calculation has been updated to 2022-23 from the earlier 2011-12 base.
According to the Second Advance Estimates, what is India’s projected GDP growth for FY 2025-26 under the new base year?
- 7.6%
- 7.1%
- 8.2%
- 6.5%
Explanation: India’s GDP growth for FY 2025-26 is estimated at 7.6% under the new GDP data series.
What is the new base year for the Consumer Price Index (CPI) retail inflation series released by MOSPI?
- 2024
- 2012
- 2020
- 2018
Explanation: MOSPI released a new CPI series with 2024 as the base year, replacing the 2012 base year.
Under the new CPI series (Base Year 2024), the total number of items covered has been increased to:
- 358
- 299
- 400
- 250
Explanation: The total items covered increased to 358 (308 goods and 50 services) to reflect updated consumption patterns.
What is the revised weight of ‘Food & Beverages’ in the new CPI (2024 base year) basket?
- 36.75%
- 45.86%
- 25.50%
- 50.00%
Explanation: The weight of Food & Beverages was reduced to 36.75% from 45.86% in the earlier series.
What was the Wholesale Price Index (WPI) inflation recorded in January 2026?
- 1.81%
- 2.75%
- 3.20%
- 0.89%
Explanation: WPI inflation rose to a 10-month high of 1.81% in January 2026.
According to the 16th Finance Commission Report, what is the recommended share of States in the divisible pool of central taxes?
- 41%
- 42%
- 32%
- 50%
Explanation: The states’ share in the divisible pool was maintained at 41%, the same as the 15th Finance Commission.
Which new parameter was introduced by the 16th Finance Commission with a 10% weightage for tax devolution?
- Contribution to GDP
- Climate Resilience
- Digital Infrastructure
- Poverty Index
Explanation: Contribution to GDP (10%) is a new parameter introduced by the 16th Finance Commission.
What is the weightage given to ‘Income Distance’ in the tax devolution criteria by the 16th Finance Commission?
- 42.5%
- 17.5%
- 10.0%
- 25.0%
Explanation: Income Distance carries the largest weight of 42.5% to promote equity among states.
How much total Grants-in-Aid did the 16th Finance Commission recommend for the 2026-31 period?
- ₹9.47 lakh crore
- ₹5.00 lakh crore
- ₹12.5 lakh crore
- ₹2.04 lakh crore
Explanation: The Commission recommended total grants-in-aid of ₹9.47 lakh crore, largely for local bodies and disaster management.
What is the Centre’s fiscal deficit target for FY 2026-27 as per the Union Budget?
- 4.3% of GDP
- 4.8% of GDP
- 3.5% of GDP
- 5.1% of GDP
Explanation: The fiscal deficit target for FY 2026-27 is set at 4.3% of GDP.
What is the projected Debt-to-GDP ratio for the Centre in BE 2026-27?
- 55.6%
- 50.0%
- 60.1%
- 45.5%
Explanation: The Debt-to-GDP ratio is projected to be 55.6% in BE 2026-27.
What is the total allocation for women and girls in the Union Budget 2026-27?
- ₹5.01 lakh crore
- ₹3.50 lakh crore
- ₹1.07 lakh crore
- ₹10.00 lakh crore
Explanation: The total allocation for women & girls in the Gender Budget is ₹5.01 lakh crore, an 11.55% increase.
According to NITI Aayog’s Net Zero report, what is India’s target year to achieve Net Zero emissions?
- 2070
- 2050
- 2047
- 2030
Explanation: India aims to achieve Net Zero emissions by 2070 as per the NITI Aayog’s development-first roadmap.
What is the estimated financing gap to achieve Net Zero by 2070 according to NITI Aayog?
- $6.5 trillion
- $22.7 trillion
- $1.5 trillion
- $10 trillion
Explanation: The total investment required is $22.7 trillion, with a projected financing gap of $6.5 trillion.
What is the estimated monetisation potential of the National Monetisation Pipeline 2.0 (NMP 2.0)?
- ₹16.72 lakh crore
- ₹6.00 lakh crore
- ₹10.50 lakh crore
- ₹25.00 lakh crore
Explanation: NMP 2.0 has a total estimated monetisation potential of ₹16.72 lakh crore over FY 2026-2030.
According to a report on India-US trade, what is the potential annual boost to India’s goods exports to the US under the new agreement?
- ~$100 billion
- ~$45 billion
- ~$10 billion
- ~$250 billion
Explanation: India’s goods exports to the US could rise by roughly $100 billion annually due to tariff reductions.
In December 2025, Net FDI into India was recorded at what level?
- -$1.6 billion (Negative)
- +$8.6 billion (Positive)
- +$5.0 billion (Positive)
- -$7.5 billion (Negative)
Explanation: Net FDI was -$1.6 billion, marking the fourth straight month of negative net inflows due to repatriations.
According to global AI funding data for 2025, what was India’s share of the global PE/VC funding in AI?
- 0.6%
- 5.0%
- 11.0%
- 2.5%
Explanation: India’s share was just 0.6% ($1.34 billion) of the total global AI funding of $225.8 billion.
Which country dominated the global AI funding landscape in 2025 with $188.8 billion?
- USA
- China
- India
- UK
Explanation: The USA remained dominant with $188.8 billion across 3,656 deals.
According to India Ratings and Research (Ind-Ra), the fiscal deficit of states is projected at what percentage of GDP in FY27?
- 3.0%
- 2.8%
- 3.5%
- 4.1%
Explanation: The fiscal deficit of states is projected at 3% of GDP in FY27.
What is the projected capital expenditure (Capex) allocation in the Union Budget 2026-27?
- ₹12.2 lakh crore
- ₹11.2 lakh crore
- ₹10.0 lakh crore
- ₹15.5 lakh crore
Explanation: The capital expenditure is projected at ₹12.2 lakh crore, which is 4.4% of the GDP.
According to the RBI data, how much did the private non-financial companies’ net profit grow in Q3 FY26?
- 5.2%
- 10.0%
- 11.4%
- 8.5%
Explanation: The net profit of private non-financial companies increased by 5.2% to ₹1.8 lakh crore in Q3 FY26.
As per RBI data, sales revenue for private non-financial companies grew by what percentage in Q3 FY26?
- 10%
- 5.2%
- 12.5%
- 8%
Explanation: Sales revenue rose 10% to ₹19.4 lakh crore in Q3 FY26, the fastest growth in the last eleven quarters.
What was the growth rate of the Eight Core Infrastructure Sectors in January 2026?
- 4.0%
- 5.1%
- 2.8%
- 10.7%
Explanation: Growth of the Eight Core Infrastructure Sectors slowed to 4% in January 2026, marking a two-month low.
According to ICRA, India’s GDP growth is projected to moderate to what rate in Q3 FY2025-26?
- 7.2%
- 8.2%
- 7.8%
- 6.4%
Explanation: ICRA projected India’s GDP growth to moderate to 7.2% in Q3 FY26 from 8.2% in Q2.
According to PLFS Q3 data, what was the share of ‘Self-employed’ workers in India?
- 56.3%
- 24.9%
- 43.2%
- 24.0%
Explanation: The share of self-employed workers increased to 56.3%, while regular salaried workers declined to 24.9%.
What was the highest-weighted parameter recommended by the 16th Finance Commission for tax devolution?
- Income Distance
- Population
- Area
- Contribution to GDP
Explanation: Income Distance carries the highest weight of 42.5% in the devolution criteria.
According to RBI’s sectoral deployment data for December 2025, what was the Non-food bank credit growth year-on-year?
- 14.4%
- 11.1%
- 12.1%
- 15.3%
Explanation: Non-food bank credit grew by 14.4% y-o-y in December 2025.
As per RBI’s December 2025 data, which sector saw a credit growth of 15.3% y-o-y?
- Services Sector
- Agriculture & Allied Activities
- Industry
- Personal Loans
Explanation: The Services Sector saw a robust credit growth of 15.3% y-o-y, driven by NBFCs and trade.
According to India-US trade data, which segment is expected to see a major export boost due to a reduced 18% reciprocal tariff?
- Marine products
- Finished automobiles
- Steel & aluminium
- Software services
Explanation: Marine products gain access at an 18% tariff, opening up a US import market segment valued at ~$25 billion.
Based on PLFS 2020-21 reference data cited by MoSPI, what is the overall migration rate in India?
- 28.9%
- 10.7%
- 47.9%
- 15.5%
Explanation: The overall migration rate in India was 28.9% according to the PLFS 2020-21 data.
According to NITI Aayog’s Net Zero report, what approach is proposed to achieve emission reduction efficiently?
- Avoid-Shift-Improve
- Tax-Subsidize-Regulate
- Produce-Consume-Dispose
- Import-Export-Balance
Explanation: The framework proposed is the “Avoid-Shift-Improve” approach focusing on demand-side measures.
As per the 16th Finance Commission, which type of grants were discontinued from the 15th FC era?
- Revenue Deficit Grants
- Disaster Management Grants
- Local Body Grants
- Special Infrastructure Grants
Explanation: Revenue Deficit Grants, Sector-Specific Grants, and State-Specific Grants were discontinued.
What was the year-on-year growth rate in Gross Corporate Tax projected in the Union Budget 2026-27?
- 11%
- 7.2%
- 11.7%
- 8.8%
Explanation: Gross corporate tax is projected at ₹12.3 lakh crore, marking an 11% YoY growth.
According to Kpler maritime data, which country was India’s top crude oil supplier in February 2026?
- Russia
- Iraq
- Saudi Arabia
- USA
Explanation: Russia remained India’s top supplier, accounting for 21% of total crude oil imports.
As per the US trade deal context, how much is India intending to import in US products over the next 5 years?
- $500 billion
- $100 billion
- $250 billion
- $50 billion
Explanation: India has expressed an intention to import $500 billion worth of US products over 5 years.

Pingback: Current Affairs February 2026 – mcqpedia.in