1. All nations share climate responsibility, yet developed countries carry a heavier burden owing to historical emissions; what is this principle under the UNFCCC and Paris Agreement called?
Answer: A. CBDR-RC is a core idea in both treaties, placing a heavier duty on developed nations for emissions they produced in the past.
2. Which organisation developed Vinimay, which was inaugurated at Vigyan Bhawan?
Answer: E. Vinimay is the new name for the LPMS platform, built by the Land Ports Authority of India under the Home Ministry for smooth land port operations.
3. For visibility across the logistics chain and live logistics data, Vinimay connects with which system?
Answer: C. Integration with the Unified Logistics Interface Platform gives Vinimay a view of the supply chain and real-time data.
4. With which global banking standards is RBI's draft Counterparty Credit Risk (CCR) framework chiefly aligned?
Answer: E. The draft brings Indian rules for counterparty credit risk and capital adequacy in step with Basel III.
5. Which institution serves as a Central Counterparty (CCP) for India's government securities and forex markets?
Answer: D. CCIL, the Clearing Corporation of India Limited, plays the central counterparty role for trades in government securities and foreign exchange.
6. RBI's revised lending norms require at least what share of a REIT/InvIT's underlying assets to have positive operating cash flows for one year?
Answer: A. The older three-year requirement was dropped in favour of a cash-flow test, under which 80% of the underlying assets must show positive operating cash flows for a year.
7. What percentage of a trust's asset value is the ceiling on all banks' combined exposure to a single REIT or InvIT and its SPVs?
Answer: D. RBI kept the prudential limit that restricts banks' total exposure to a trust and its SPVs or holding companies to 49% of asset value.
8. What Priority Sector Lending (PSL) target for Small Finance Banks (SFBs) is given in the EAC-PM paper?
Answer: B. SFBs must direct 60% of their Adjusted Net Bank Credit towards priority sectors.
9. Which Union Ministry houses SAMRIDHI-M-CAD, started in April 2025?
Answer: E. The Ministry of Jal Shakti runs this programme for modernising command area development and water management, aimed at better irrigation efficiency.
10. Which of these rice varieties carries a GI tag and comes from Bihar?
Answer: C. Katarni Rice is a GI-tagged Bihar variety, and Marcha Rice from the same state is another one.
11. Which Paris Agreement article did India cite to say developed countries must provide climate finance?
Answer: B. India invoked Article 9.1.
12. The Fully Accessible Route (FAR), central to India's bond index inclusion, was introduced by which authority in 2020?
Answer: B. FAR was introduced by the RBI in 2020; it allows uncapped foreign access to specified G-secs.
13. Which body developed the Vinimay land port platform?
Answer: A. LPAI, under the Ministry of Home Affairs, built Vinimay.
14. From which date would the RBI's draft Counterparty Credit Risk guidelines for banks take effect?
Answer: D. The notes state the effective date as 1 April 2027.
15. How many NBFCs had their Certificate of Registration cancelled by the RBI in this action?
Answer: C. The RBI cancelled the CoR of 135 NBFCs.