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RBI has proposed allowing banks to conduct acquisition financing up to what percentage of their Tier-1 capital?
- 20%
- 10%
- 15%
- 25%
Explanation: RBI proposed allowing banks to conduct acquisition financing up to 20% of Tier-1 capital, replacing the earlier proposal of 10%.
Under the new RBI guidelines, what is the maximum Loan-to-Value (LTV) limit for loans against Mutual funds?
- 75%
- 60%
- 85%
- 50%
Explanation: The Loan-to-Value (LTV) limit for loans against Mutual funds is capped at 75%, while for Debt mutual funds it is 85%.
In which state did the Government of India launch the CBDC-based Digital Food Coupon Pilot?
- Gujarat
- Maharashtra
- Uttar Pradesh
- Karnataka
Explanation: The CBDC-based Digital Food Currency pilot was launched in Gujarat, covering districts like Ahmedabad, Anand, Valsad, and Surat.
What is the slogan for the CBDC-based Digital Food Currency pilot?
- Har Dana, Har Rupiya, Har Adhikar
- Ek Desh, Ek Ration
- Digital Ration, Sahi Poshan
- Sabka Ration, Sabka Vikas
Explanation: The slogan for the initiative is “Har Dana, Har Rupiya, Har Adhikar”.
RBI has mandated what percentage of Credit-Deposit (C/D) ratio for rural and semi-urban bank branches?
- 60%
- 50%
- 40%
- 75%
Explanation: Banks are mandated to maintain a 60% C/D ratio for rural and semi-urban branches to promote financial inclusion.
Loans given by banks to the National Cooperative Development Corporation (NCDC) for on-lending to cooperatives are now classified under:
- Priority Sector Lending (PSL)
- Corporate Lending
- Microfinance
- Retail Banking
Explanation: These loans are now classified as Priority Sector Lending (PSL), effective January 19, 2026.
For Urban Cooperative Banks (UCBs), the housing loan limit has been increased from 10% to what percentage of total loans & advances?
- 25%
- 15%
- 20%
- 30%
Explanation: The housing loan limit for UCBs has been increased to 25% of total loans and advances to expand lending capacity.
What is the name of the new Umbrella IT and operational support body created for Urban Cooperative Banks (UCBs)?
- NUCFDC
- Sahakar Sarthi
- DICGC
- NABARD IT
Explanation: NUCFDC is the Umbrella IT & operational support body established for UCBs.
Under the revised External Commercial Borrowing (ECB) framework, which major restriction has RBI removed?
- All-in-cost cap
- Minimum average maturity
- End-use restrictions
- Sectoral limits
Explanation: RBI has removed the all-in-cost cap, meaning there is no fixed restriction on borrowing costs for ECBs.
According to RBI data, what was the net profit growth of private non-financial companies in Q3 FY26?
- 5.2%
- 10.0%
- 8.5%
- 11.4%
Explanation: The net profit of private non-financial companies increased by 5.2% to ₹1.8 lakh crore in Q3 FY26.
The U.S. administration imposed a highly punitive tariff of approximately what percentage on solar cell imports from India?
- 126%
- 50%
- 40%
- 200%
Explanation: The U.S. imposed a 126% tariff on solar cell imports from India following a countervailing duty investigation.
Under the PMGKAY scheme, where will the CBDC-based Food Subsidy Distribution Pilot be launched next?
- Puducherry
- Chandigarh
- Delhi
- Lakshadweep
Explanation: The CBDC-based Food Subsidy Distribution Pilot under PMGKAY will be launched in Puducherry on 26 February 2026.
What was the Net Foreign Direct Investment (FDI) into India in December 2025, marking the fourth consecutive negative month?
- -$1.6 billion
- -$5.0 billion
- +$8.6 billion
- -$2.7 billion
Explanation: Net FDI in December 2025 was -$1.6 billion due to high repatriation and outward investments by Indian firms.
Which sector showed negative growth among the Eight Core Infrastructure Sectors in January?
- Crude Oil
- Fertilizers
- Steel
- Electricity
Explanation: Crude Oil and Natural Gas showed negative growth in the January core sector data.
What was the Wholesale Price Index (WPI) inflation in January 2026?
- 1.81%
- 2.75%
- 1.4%
- 3.2%
Explanation: WPI inflation rose to a 10-month high of 1.81% in January 2026.
The new Consumer Price Index (CPI) released by MOSPI has its base year updated to:
- 2024
- 2012
- 2018
- 2022-23
Explanation: MOSPI released a new CPI series with 2024 as the base year, expanding coverage to 358 items.
Under the new CPI series, the weight of the ‘Food & Beverages’ category has been reduced to:
- 36.75%
- 45.86%
- 50.00%
- 25.50%
Explanation: The weight of Food & Beverages was reduced to 36.75% from the earlier 45.86%.
What is the projected revenue of India’s IT services industry in FY26 according to NASSCOM?
- $315 billion
- $246 billion
- $100 billion
- $500 billion
Explanation: India’s IT services industry revenue is expected to reach $315 billion in FY26 with a 6.1% growth.
The India-US trade deal is estimated to lift India’s annual trade surplus with the US by:
- $45 billion
- $100 billion
- $10 billion
- $90 billion
Explanation: India’s annual trade surplus with the US is projected to rise by an additional $45 billion.
Transcorp International Limited received in-principle approval from RBI to participate in which system?
- Centralized Payment Systems (CPS)
- Core Banking Solutions (CBS)
- Foreign Exchange Dealing
- Stock Broking
Explanation: Transcorp received approval to participate in Centralized Payment Systems, allowing it to operate RTGS & NEFT.
Which bank launched the “Rooftop Solar Finance” scheme for MSMEs?
- Axis Bank
- State Bank of India
- HDFC Bank
- ICICI Bank
Explanation: Axis Bank launched the Rooftop Solar Finance scheme offering collateral-free loans to MSMEs for clean energy transition.
State Bank of India (SBI) launched a Centre of Excellence named ‘CHAKRA’ to finance which type of sectors?
- Sunrise Sectors
- Agriculture
- Real Estate
- Retail Lending
Explanation: CHAKRA aims to invest ₹100 trillion over 5 years in sunrise sectors like Renewable Energy, Semiconductors, and Data Centres.
As per RBI data for December 2025, which sector experienced a robust credit growth of 15.3% y-o-y?
- Services Sector
- Agriculture Sector
- Industry Sector
- Personal Loans
Explanation: The Services Sector showed a 15.3% y-o-y growth, driven by NBFCs and Trade.
Which Regional Rural Bank (RRB) launched India’s first Co-Branded RuPay Credit Card?
- Tripura Gramin Bank
- Kerala Gramin Bank
- Baroda UP Bank
- Assam Gramin Vikash Bank
Explanation: Tripura Gramin Bank, in collaboration with PNB, launched India’s first co-branded RuPay credit card by an RRB.
India and the Gulf Cooperation Council (GCC) recently signed the Terms of Reference for negotiating a:
- Free Trade Agreement (FTA)
- Defense Pact
- Currency Swap Agreement
- Visa-Free Travel Pact
Explanation: India and the GCC signed the ToR to officially begin negotiations for a Free Trade Agreement (FTA).
After the US tariff cut, Goldman Sachs upgraded India’s CY26 GDP growth forecast to:
- 6.9%
- 6.4%
- 7.2%
- 7.6%
Explanation: Goldman Sachs raised the CY26 GDP growth forecast by 20 basis points to 6.9% after the US tariff reduction.
In the India-US Interim Trade Framework, India secured zero-duty access for which major sector’s exports?
- Agricultural & Marine exports
- Software and IT services
- Heavy Machinery
- Defense Equipment
Explanation: India secured zero-duty or reduced tariff (18%) access for agricultural, spices, and marine products in the US market.
What is the policy repo rate set by the RBI MPC (as maintained in the recent review)?
- 5.25%
- 6.50%
- 4.00%
- 5.75%
Explanation: The MPC kept the policy repo rate unchanged at 5.25% with a neutral stance.
In the new GDP data series released by MoSPI, what is the new Base Year for calculating National Accounts?
- 2022-23
- 2011-12
- 2020-21
- 2024-25
Explanation: The base year for National Accounts and GDP calculations has been updated from 2011-12 to 2022-23.
Which state is the largest producer of wool in India, accounting for nearly 47.53% of total production?
- Rajasthan
- Jammu & Kashmir
- Karnataka
- Gujarat
Explanation: Rajasthan is the top wool-producing state in India with 16,013.50 thousand kg produced.
White Revolution 2.0 targets a 50% jump in the procurement of which commodity?
- Milk
- Cotton
- Eggs
- Sugarcane
Explanation: White Revolution 2.0 aims to increase daily milk procurement by 50% over the next 5 years through dairy cooperatives.
Which bank launched an “Online Death Claim Settlement Portal” for faster digital claim settlements?
- Indian Overseas Bank (IOB)
- State Bank of India (SBI)
- Punjab National Bank (PNB)
- Axis Bank
Explanation: Indian Overseas Bank launched a digital portal to provide time-bound settlements for legal heirs of deceased customers.
According to India Ratings (Ind-Ra), the fiscal deficit of states is projected to be what percentage of GDP in FY27?
- 3%
- 2.8%
- 4.3%
- 3.5%
Explanation: The fiscal deficit of states is projected at 3% of GDP in FY27, up from 2.8% in FY26.
Which country dominated the global AI funding landscape in 2025, taking the lion’s share of the $225.8 billion pie?
- USA
- China
- India
- UK
Explanation: The USA captured $188.8 billion in AI funding, while India’s share was just 0.6%.
What is the estimated size of India’s Nominal GDP for FY26 under the new series?
- ₹345.47 lakh crore
- ₹300.00 lakh crore
- ₹400.25 lakh crore
- ₹250.50 lakh crore
Explanation: Nominal GDP for FY26 is estimated at ₹345.47 lakh crore under the new base year series (2022-23).
SEBI recently introduced a new mutual fund category called “Lifecycle Funds” replacing which previous funds?
- Retirement Funds and Children’s Funds
- Liquid Funds and Debt Funds
- Equity Funds and Hybrid Funds
- Index Funds and ETFs
Explanation: Lifecycle Funds replace Retirement and Children’s Funds, catering to investments lasting between 5 to 30 years.
Which subsidiary of Bharti Airtel received RBI approval to operate as a Type II NBFC-ND?
- Airtel Money
- Airtel Payments Bank
- Airtel Finance
- Airtel Capital
Explanation: Airtel Money received a Certificate of Registration from RBI to operate as a Non-Deposit Accepting NBFC.
The NSE received SEBI approval to launch futures trading for which commodity, marking a first for India?
- Natural Gas
- Crude Oil
- Gold
- Wheat
Explanation: NSE received approval to launch Indian Natural Gas Futures to improve price discovery and transparency.
NPCI rolled out which wallet service for international visitors during the AI Impact Summit 2026?
- UPI One World
- Bharat Wallet
- Global UPI
- NPCI Forex Pay
Explanation: ‘UPI One World’ allows foreign delegates to make real-time UPI payments without an Indian bank account.
The Union Cabinet approved the Startup India Fund of Funds 2.0 (FoF 2.0) with a corpus of:
- ₹10,000 crore
- ₹5,000 crore
- ₹15,000 crore
- ₹20,000 crore
Explanation: FoF 2.0 was approved with a ₹10,000 crore corpus to mobilize venture capital for deep-tech and early-growth startups.
The newly approved ‘Urban Challenge Fund’ (UCF) provides Central assistance covering what percentage of the project cost?
- 25%
- 50%
- 75%
- 100%
Explanation: The Centre covers 25% of the cost, requiring cities to raise at least 50% via market finance like municipal bonds.
The Unified Lending Interface (ULI), a Digital Public Infrastructure for lending, has onboarded how many lenders?
- 89
- 50
- 100
- 25
Explanation: The ULI platform has onboarded 89 lenders including PSBs, Private Banks, NBFCs, and NABARD entities.
The Department of Posts signed an MoU with NSE to expand the distribution of which financial products?
- Mutual Funds
- Insurance Policies
- Government Bonds
- Fixed Deposits
Explanation: The MoU enables the distribution of mutual fund products through India Post’s vast network to improve rural access.
According to recent data, which country’s FPIs hold the largest share (41%) in India’s total foreign portfolio holdings?
- United States
- Mauritius
- Singapore
- United Kingdom
Explanation: US-based FPIs increased their share to 41% in Jan 2026, holding over ₹32.1 trillion in Indian assets.
Which bank became the first custodian in India to issue a fully digital FPI licence using electronic signatures?
- Kotak Mahindra Bank
- HDFC Bank
- State Bank of India
- ICICI Bank
Explanation: Kotak Mahindra Bank issued the first FPI licence entirely on digitally signed documents based on SEBI’s new workflow.
The 16th Finance Commission recommended a total of ₹9.47 lakh crore for which category of grants?
- Grants-in-Aid (mainly Local Bodies & Disaster Management)
- Revenue Deficit Grants
- Sector-Specific Grants
- State-Specific Grants
Explanation: The 16th FC recommended ₹9.47 lakh crore largely split between Local Body grants and Disaster Management funding.
According to the Union Budget 2026-27, what is the Centre’s fiscal deficit target as a percentage of GDP?
- 4.3%
- 4.8%
- 3.5%
- 5.1%
Explanation: The Centre’s fiscal deficit estimate (BE 2026-27) is 4.3% of GDP.
NITI Aayog’s Net Zero road map estimates that India will require how much investment by 2070 to achieve its climate goals?
- $22.7 trillion
- $6.5 trillion
- $10.0 trillion
- $30.0 trillion
Explanation: The estimated investment required for Net Zero is $22.7 trillion, with a financing gap of $6.5 trillion.
The National Monetisation Pipeline 2.0 (NMP 2.0) has an estimated monetisation potential of:
- ₹16.72 lakh crore
- ₹6.00 lakh crore
- ₹10.50 lakh crore
- ₹20.00 lakh crore
Explanation: NMP 2.0 estimates a monetisation potential of ₹16.72 lakh crore over the FY 2026 – FY 2030 period.
The government recently approved the export of 25 Lakh Metric Tonnes (LMT) of which essential agricultural commodity?
- Wheat
- Rice
- Sugar
- Onions
Explanation: The government approved the export of 25 LMT of wheat and 5 LMT of wheat products to stabilize markets and support farmers.