1. Which Article says money cannot be taken out of the Consolidated Fund of India without Parliament's approval?
Answer: B. Article 114 requires an Appropriation Act passed by Parliament before any withdrawal from the Consolidated Fund of India.
2. Under which category does the Appropriation Bill fall?
Answer: D. It counts as a Money Bill under Article 110 since it concerns taking funds out of the Consolidated Fund of India.
3. Which of these expenditures does the Lok Sabha NOT vote on?
Answer: C. Charged items, for instance pay of the President, Supreme Court judges and the CAG, are not put to a vote in the Lok Sabha.
4. What is the main purpose of the Economic Stabilisation Fund?
Answer: A. It is meant to absorb global jolts such as oil shocks, supply disruptions and geopolitical conflicts without upsetting fiscal stability.
5. By 2032, how many industrial parks does the BHAVYA Scheme plan to develop?
Answer: E. The government intends to build 100 plug-and-play industrial parks across the country by 2032 under BHAVYA.
6. By what popular name are Domestic Systemically Important Banks (D-SIBs) known?
Answer: A. The label fits because one such bank collapsing could shake the whole financial system and economy.
7. Which of these banks is currently NOT on India's D-SIB list?
Answer: C. At present only SBI, HDFC Bank and ICICI Bank are D-SIBs, so Punjab National Bank is outside the list.
8. What is CCUS technology chiefly used for?
Answer: D. Carbon Capture, Utilization and Storage takes CO₂ from industrial sources and either stores or reuses it, cutting emissions.
9. What is the usual reason agriculture is a poor fit for CCUS?
Answer: B. Farm emissions are scattered over fields and consist of gases such as methane and nitrous oxide, so capturing them is impractical.
10. Where does India stand in the world ranking for coconut production?
Answer: E. India is the largest coconut producer globally, accounting for about 30.37% of world output.
11. Which constitutional article requires an Appropriation Act before money is withdrawn from the Consolidated Fund of India?
Answer: B. Article 114 requires an Appropriation Act.
12. What is the allocation made to the Economic Stabilisation Fund in 2026?
Answer: B. The allocation is ₹57,381 crore.
13. Which provision of the 2019 Transgender Persons Act does the 2026 Amendment Bill propose to delete?
Answer: B. The Bill proposes to delete Section 4(2), removing self-perceived gender identity.
14. How many plug-and-play industrial parks does the BHAVYA scheme aim to develop by 2032?
Answer: C. BHAVYA targets 100 parks by 2032.
15. In which year did RBI introduce its framework for Domestic Systemically Important Banks?
Answer: C. The notes say RBI introduced the D-SIB framework in 2014.