1. Which measure did the HCES 2023-24 use to estimate consumption inequality in India?
Answer: C. The Household Consumer Expenditure Survey gauged consumption inequality with the Gini Index, which came out at 0.29.
2. The inequality report found the top 10% of urban residents spend roughly how many times as much as the bottom 10% of rural residents?
Answer: E. The report pointed to a steep urban-rural gap, with the richest urban tenth spending about nine times the poorest rural tenth.
3. Which technique revealed the atmosphere around the TNO (612533) 2002 XV93?
Answer: B. Astronomers spotted the thin atmosphere by watching the object cross in front of a faraway star, a technique called stellar occultation.
4. Cryovolcanism is best understood as which process?
Answer: D. Instead of molten rock, icy substances like water, methane or ammonia erupt, and this activity may help sustain thin atmospheres on icy bodies.
5. Under which mission does the Incentive Scheme for Promotion of Critical Mineral Recycling fall?
Answer: A. The scheme is a focused financial measure housed within the National Critical Mineral Mission (NCMM).
6. Which waste stream does the Critical Mineral Recycling Scheme specifically target?
Answer: C. It aims at urban-mining feedstock including e-waste, used lithium-ion batteries, permanent magnets and catalytic converters, in order to recover critical minerals.
7. What outlay was approved for the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0?
Answer: E. The Union Cabinet cleared ECLGS 5.0 with ₹18,100 crore set aside for financial help and liquidity support.
8. What is the main goal of PhonePe's AI-driven merchant onboarding drive?
Answer: B. The AI tools streamline KYC checks so that merchants can register faster and with less effort.
9. Which institution is linked to the Foreign Exchange Management (Authorised Persons) Regulations, 2026?
Answer: D. These regulations are issued within the framework overseen by the Reserve Bank of India.
10. What did the Finance Ministry report say about FY26?
Answer: A. The ministry noted robust credit growth in FY26, a sign of expanding lending and economic momentum.
11. Which survey formed the primary basis of the inequality analysis showing a consumption Gini of 0.29 for India?
Answer: C. The analysis used the Household Consumer Expenditure Survey 2023-24.
12. Which technique was used to detect the atmosphere of TNO 2002 XV93?
Answer: B. The atmosphere was found by watching the object pass in front of a star.
13. What is the total outlay of the Incentive Scheme for Promotion of Critical Mineral Recycling under the NCMM?
Answer: D. The scheme carries a total outlay of ₹1,500 crore over FY 2025-26 to FY 2030-31.
14. What is the total outlay of the Incentive Scheme for Promotion of Critical Mineral Recycling?
Answer: A. The scheme has ₹1,500 crore over six years.
15. What total bench strength, including the CJI, does the Supreme Court (Number of Judges) Amendment Bill, 2026 propose?
Answer: C. The strength rises to 37 judges plus the CJI, making 38.