1. Which authority formally defined the term 'Deep Tech Start-up' in India?
Answer: D. A gazette notification from DPIIT set out the Union Government's definition of deep tech start-ups, giving regulatory clarity.
2. Which trait marks out a deep tech start-up?
Answer: B. Such ventures are R&D-intensive, rest on advanced scientific or engineering knowledge, and carry considerable uncertainty.
3. Under the eased norms, how old can a deep tech start-up be at most?
Answer: A. The upper age limit for deep tech start-ups was doubled, moving from 10 years to 20 years.
4. Who launched the digital portal for Certificates of Origin for cultivated medicinal plants?
Answer: A. The National Biodiversity Authority introduced an online portal so that these certificates for cultivated medicinal plants can be issued electronically.
5. Why is a Certificate of Origin issued for medicinal plants?
Answer: D. The certificate attests that the plants are cultivated, so stakeholders can claim exemption under the ABS provisions.
6. At its February 2026 policy meeting, the RBI left the repo rate at which level?
Answer: E. The central bank held the policy repo rate steady at 5.25% as macroeconomic conditions remained stable.
7. What does a 'neutral' monetary policy stance of the RBI mean?
Answer: B. Under a neutral stance the bank decides according to how inflation and growth evolve, without leaning either way beforehand.
8. RBI has proposed a ceiling on compensation for victims of small-value cyber frauds. What is it?
Answer: E. Victims of cyber fraud on transactions below ₹50,000 would receive compensation of up to ₹25,000 under the proposal.
9. Which RBI initiative builds the capacity of Urban Cooperative Banks (UCBs)?
Answer: A. SAKSHAM is a framework based on certification that aims to strengthen urban cooperative banks.
10. What does the recent fall in confidence in RBI's Urban Consumer Confidence Survey mainly signal?
Answer: C. Survey respondents were less optimistic because of how they perceive inflation and feel insecure about income, which does not amount to genuine economic distress.
11. Under the DPIIT notification, up to what age can an entity qualify as a deep tech start-up?
Answer: C. Deep tech start-ups get a 20-year maximum age versus 10 for normal ones.
12. The NBA's new digital portal issues Certificates of Origin for which category of plants?
Answer: B. The portal issues CoOs for cultivated medicinal plants.
13. What repo rate did the RBI retain in its February 2026 monetary policy?
Answer: C. The notes say the repo rate was held at 5.25%.
14. RBI raised the collateral-free loan limit for small businesses to what amount?
Answer: A. The limit was doubled from ₹10 lakh to ₹20 lakh.
15. What is the maximum compensation per victim under RBI's proposed cyber fraud framework?
Answer: C. The proposal caps relief at ₹25,000 per victim.