1. Which statement on CAFE-III norms is accurate?
Answer: C. The rules look at the average fuel efficiency and CO₂ output across a maker's entire range, rather than any one vehicle.
2. Which of these does NOT endanger the Gangetic River Dolphin?
Answer: C. Planting trees benefits the environment, whereas pollution, dams, nets and boat traffic all damage dolphin habitat.
3. How is the stipend under the Prime Minister Internship Scheme (PMIS) mainly financed?
Answer: A. It is a hybrid arrangement: the government sends ₹5000 through DBT and companies add ₹500 from CSR money.
4. Within the NAMASTE scheme, who is a 'Sanipreneur'?
Answer: E. These are sanitation workers who start their own businesses using mechanised cleaning solutions with government help.
5. In an RBI context, what does a 'demand shock' mean?
Answer: B. Lasting inflation erodes purchasing power and cuts discretionary spending, which creates a demand shock.
6. What does HSBC's 'Underweight' rating on India signal?
Answer: D. The rating suggests holding less of the asset, because it is expected to do worse than its peers or the benchmark.
7. What is meant by 'upstreaming of funds' in stock markets?
Answer: D. It prevents brokers from keeping client money overnight, as the funds go to clearing corporations, which adds safety.
8. The Central Fraud Registry (CFR) at present covers fraud cases above what amount?
Answer: B. Frauds of ₹1 lakh or more are logged so that they can be spotted and monitored early.
9. In the CRIF-SIDBI report, what does a rising number of loans with slower growth in value suggest?
Answer: A. More loans but slower growth in total amount points to a move towards smaller ticket sizes.
10. What led the government to raise its wheat procurement target in 2026?
Answer: E. Farmers preferred selling to the government since the MSP of ₹2585 beat mandi rates, so procurement increased.
11. Who retired on 24 April 2026, making way for Justice Lisa Gill?
Answer: A. Justice Dhiraj Singh Thakur retired on 24 April 2026.
12. Vikram-1 was flagged off from Hyderabad en route to which launch site?
Answer: B. It travelled to the Satish Dhawan Space Centre in Sriharikota.
13. Under the CAFE-III super credit scheme discussed in April 2026, which technology gets the highest multiplier?
Answer: D. EVs are counted as 3 units, above hybrids (1.6) and FFVs (1.1).
14. Which species does the Dolphin Friends initiative aim to protect?
Answer: B. The target species is the Gangetic River Dolphin.
15. Which ministry is the nodal agency for the Prime Minister Internship Scheme?
Answer: C. The Ministry of Corporate Affairs manages PMIS.