1. Which digital public infrastructure frameworks did the 30th FSDC meeting seek to scale up, with a focus on MSMEs?
Answer: B. The council discussed scaling up the Account Aggregator and Unified Lending Interface (ULI) frameworks, focusing on MSMEs.
2. Under RBI's October 2026 leverage ratio directions, what minimum applies to banks other than D-SIBs?
Answer: C. Banks other than D-SIBs must keep a minimum leverage ratio of 3.5%, while D-SIBs need 4%.
3. Which category of banks is excluded from RBI's revised Basel III capital framework effective April 1, 2027?
Answer: B. The Governor's October 1, 2025 statement excluded Small Finance Banks, Payments Banks and Regional Rural Banks from the revised framework.
4. RBI's October 2026 circular delegated compounding of which FEMA contraventions to its Regional Offices?
Answer: B. The circular moved overseas investment, borrowing and lending, and guarantee contraventions from the Central Office to Regional Offices.
5. SMFCL aims to reach cumulative disbursements of how much by the end of FY2031?
Answer: C. SMFCL targets cumulative disbursements of Rs 60,205 crore by the end of FY2031.
6. What does 'WALR', analysed in the RBI Bulletin of October 2026, stand for?
Answer: C. WALR is the weighted average lending rate. The Bulletin used it to measure how repo cuts passed through to fresh loans.
7. What was India's reserve position with the IMF in the week ended 16 October 2026?
Answer: C. The reserve position with the IMF rose $11 million to $4.79 billion.
8. Which body proposed adding a digital platform worker stratum to the PLFS from January 2027?
Answer: C. NSO, part of MoSPI, announced the PLFS changes on 23 October 2026 and invited comments.
9. Since its rollout on 1 July 2026, roughly how many person-days have been generated under VB-G RAM G?
Answer: C. Nearly 46 crore person-days were generated, about 40 crore of them recorded via face authentication.
10. Within what period must the pharma marketing review committee formed in October 2026 give its recommendations?
Answer: D. The committee must submit its recommendations within two months of its first meeting.
11. How much did the FRLD board set aside for Nepal in October 2026, excluding administrative costs?
Answer: C. The board set aside $20 million, plus $1.6 million in administrative costs. Nepal's recovery is estimated at $4.8 billion.
12. In which year did the India-Russia exercise INDRA begin?
Answer: C. INDRA, named by combining India and Russia, began in 2003.
13. Rajnath Singh urged the Army to plan with a strategic vision over what time horizon at the October 2026 commanders' conference?
Answer: C. He asked for a long-term strategic vision covering the next 20 to 30 years.
14. According to the ARIES study, QPO frequencies can exceed what value for a very fast-spinning black hole of about ten solar masses?
Answer: C. The study predicts QPO frequencies above 100 Hz for very high spin and about 10 solar masses.
15. What fish production target has India set for the next five years?
Answer: D. India aims to raise fish production from 19.7 million tonnes to 30 million tonnes in five years.