1. How many branches may foreign banks open in India over four years under the Financial Services Annex of the India–New Zealand FTA?
Answer: D. The annex lets foreign banks set up as many as 15 branches in four years, above the 12-branch ceiling in WTO-GATS commitments.
2. Which Indian digital public infrastructure is highlighted for cross-border payment cooperation in the India–New Zealand FTA?
Answer: B. The annex encourages real-time payment cooperation, drawing on UPI and NPCI to make cross-border transactions interoperable.
3. In which city is Rashtra Prerna Sthal, opened by the Prime Minister, situated?
Answer: E. It has been built on Hardoi Road, close to the Gomti river.
4. What is the main purpose of the SWAMIH-2 Fund announced by the Union Government?
Answer: B. This ₹15,000 crore fund gives last-mile finance so that stuck housing projects can be finished.
5. In which state is Bhoramdeo Temple, planned for development like the Kashi Vishwanath Corridor, located?
Answer: D. The ancient temple stands in Kabirdham district and is known as the 'Khajuraho of Chhattisgarh'.
6. How many existing laws are merged by the Securities Markets Code, 2025?
Answer: C. SCRA, the SEBI Act and the Depositories Act are folded into one single framework.
7. What is the new maximum size of the SEBI Board under the Securities Markets Code, 2025?
Answer: E. The Code enlarges the board from 9 to 15 members, bringing in more expertise and stronger governance oversight.
8. What is the reason behind the RBI's plan to infuse about ₹3 trillion of durable liquidity into the banking system?
Answer: A. Intervention to support the rupee sucked out rupee liquidity, so a large infusion is needed to make up for it.
9. When EPS contributions are wrongly deposited for an ineligible employee, where is the amount transferred?
Answer: A. EPFO shifts such wrongly deposited amounts, along with interest, to the member's PF account and corrects the service records.
10. Which asset did an RBI staff study find to be the most stable during periods of geopolitical tension?
Answer: C. The study found gold the least sensitive to geopolitical shocks, confirming its standing as a safe-haven asset.
11. In which city is the Rashtra Prerna Sthal located?
Answer: A. The memorial is in Lucknow, near the Gomti river.
12. According to BNEF, India reclaimed which rank in the global wind market in 2025?
Answer: C. India is behind only China and the US, so third.
13. What is the size of the SWAMIH-2 Fund the Union government is set to operationalise?
Answer: C. The SWAMIH-2 Fund is worth ₹15,000 crore.
14. Bhoramdeo Temple is situated in which district of Chhattisgarh?
Answer: B. Bhoramdeo lies in Kabirdham district, about 125 km from Raipur.
15. On which date is PESA Day observed every year?
Answer: B. PESA Day falls on 24 December.