1. India and which country jointly launched the Critical Minerals Global Supply Chain Observatory (GSCO) in New Delhi?
Answer: E. GSCO is a bilateral effort of India and the UK that tracks worldwide critical mineral supply chains and supports resource security.
2. What is a main feature of the Critical Minerals Global Supply Chain Observatory (GSCO)?
Answer: C. It relies on data-driven monitoring, predictive models and market intelligence to spot supply disruptions and strategic risks as they emerge.
3. Which company built India's first Flex-Fuel Passenger Vehicle, launched in 2026?
Answer: A. Maruti Suzuki developed the country's first flex-fuel passenger car, able to run on ethanol mixes from E20 up to E100.
4. The newly launched Flex-Fuel Vehicle (FFV) handles which range of ethanol-petrol mixes?
Answer: D. A fuel composition sensor and the ECU let the new vehicle adjust automatically to any mix between E20 and E100.
5. Which wetland was named India's 100th Ramsar Site on World Environment Day 2026?
Answer: B. Surha Tal, located in Ballia district of Uttar Pradesh, got the 100th Ramsar Site tag on 5 June 2026.
6. In which country was the Ramsar Convention on Wetlands signed?
Answer: E. The convention dates to 1971 and takes its name from the Iranian city of Ramsar; it is the international framework for wetland conservation.
7. At what level did the RBI MPC hold the repo rate steady in June 2026?
Answer: D. The committee voted unanimously to leave the repo rate at 5.25% and keep a neutral stance.
8. Which NBFC layer under RBI's Scale-Based Regulation (SBR) faces the toughest rules, including compulsory listing?
Answer: A. Being systemically important, Upper Layer NBFCs face tighter norms such as a listing mandate.
9. Which regulator rolled out the StAR NPS platform in June 2026?
Answer: E. PFRDA introduced StAR NPS to make digital onboarding and registration easier for National Pension System subscribers.
10. From what date did PFRDA's Regulatory Sandbox Framework take effect?
Answer: B. The framework came into force on 2 June 2026, allowing innovative pension-sector solutions to be tried under controlled conditions.
11. The Critical Minerals Global Supply Chain Observatory (GSCO) was launched by India and which country?
Answer: D. GSCO is an India-UK bilateral platform launched in New Delhi.
12. What is the maximum one-time budgetary support approved for the Price Stabilization Fund for ATF?
Answer: B. The Cabinet approved up to ₹10,000 crore, interest-free to OMCs.
13. Which wetland was designated India's 100th Ramsar Site on World Environment Day 2026?
Answer: D. Surha Tal in Ballia, UP, became the 100th site.
14. At its June 2026 meeting, at what level did the RBI's MPC hold the policy repo rate?
Answer: C. The MPC unanimously kept the repo rate at 5.25%.
15. Under RBI's Scale-Based Regulation, within how many years must an identified Upper Layer NBFC list?
Answer: C. The listing requirement is within 3 years of identification.