1. Which laws does the Corporate Laws (Amendment) Bill, 2026 propose to amend?
Answer: B. The bill changes the Companies Act, 2013 and the Limited Liability Partnership Act, 2008 together. Its purpose is simpler rules and easier business conduct.
2. What is the Finance Bill, 2026 chiefly meant to do?
Answer: D. It gives legal force to the tax and revenue measures announced in the Union Budget 2026-27.
3. India holds Exercise Lamitiye 2026 with which country?
Answer: A. This is a two-nation military exercise between India and Seychelles. The word Lamitiye is Creole for friendship, pointing to the close strategic bond.
4. The National DMF Summit 2026 is about better use of funds under which programme?
Answer: C. The summit looks at spending District Mineral Foundation money effectively, particularly in Aspirational Districts and Blocks.
5. Which major reform concerning Foreign Portfolio Investors (FPIs) has SEBI put forward?
Answer: E. Under the proposal FPIs would settle only the net difference between their purchases and sales. That lowers capital needs and boosts efficiency.
6. Whom does the UPI-linked overdraft facility from Bank of Baroda target?
Answer: B. It offers small digital credit of up to ₹5,000 to verified women self-help group members who have Jan Dhan accounts.
7. Which institution looks after the Depositor Education and Awareness (DEA) Fund?
Answer: D. The RBI maintains the fund, which collects unclaimed deposits. The money is later spent on awareness and protection of depositors.
8. Which technologies are mainly used for real-time monitoring of crops?
Answer: A. AI analytics, IoT sensors and satellite data are combined to follow crop health, soil quality and irrigation patterns.
9. What is the chief advantage of putting QR codes on agricultural supply chains?
Answer: C. A scan lets buyers see where a crop came from, how it was grown and its quality, which builds trust.
10. In what way does Artificial Intelligence (AI) help agriculture?
Answer: E. AI analyses complicated farm data to support better decisions, forecasting and crop management.
11. In which year was World Meteorological Day first celebrated?
Answer: C. It was first celebrated on 23 March 1961, eleven years after the WMO was founded in 1950.
12. Which two Acts does the Corporate Laws (Amendment) Bill, 2026 seek to amend?
Answer: A. The Bill amends the Companies Act, 2013 and the LLP Act, 2008.
13. Exercise Lamitiye 2026 is a bilateral military exercise between India and which country?
Answer: C. It is an India–Seychelles exercise.
14. Which ministry organised the National DMF Summit 2026?
Answer: C. The Ministry of Mines organised the summit.
15. What reform for FPIs was SEBI to consider at its March 2026 board meeting?
Answer: B. SEBI was considering netting of funds, i.e. net settlement.