[1]. The Reserve Bank of India’s Monetary Policy Committee (MPC) recently reduced the repo rate by 25 basis points to 6 per cent, while also lowering the growth forecast for FY2026 to 6.5 per cent from 6.7 per cent, citing uncertainties from global trade wars triggered by the US’s reciprocal tariffs. What is the repo rate?

[A]. Interest rate banks charge borrowers

[B]. Interest rate the RBI charges commercial banks for borrowing money

[C]. Interest rate the RBI pays commercial banks for parking money

[D]. Rate at which banks lend to each other

Show Answer

[2]. Recently, a cabinet committee chaired by Prime Minister Narendra Modi cleared a proposal to procure 26 naval variants of Rafale fighter jets from France. Which Cabinet committee is responsible for approving proposals related to national security, including defence procurement decisions?

[A]. Cabinet Committee on Political Affairs

[B]. Cabinet Committee on Economic Affairs

[C]. Cabinet Committee on Security

[D]. Cabinet Committee on Investment and Growth

Show Answer

[3]. In a recent judgment, the Supreme Court declared Tamil Nadu Governor R N Ravi's action of reserving 10 Bills for the President as illegal. Under which article of the Constitution does the power of Governors to deal with Bills presented to them, including granting assent, withholding assent, or reserving Bills for the President, fall?

[A]. Article 200

[B]. Article 142

[C]. Article 368

[D]. Article 356

Show Answer

[4]. Under the Union government's revised classification criteria for MSMEs, which of the following is the new investment limit for a micro enterprise, effective from April 1?

[A]. Rs 1 crore

[B]. Rs 2.5 crore

[C]. Rs 10 crore

[D]. Rs 50 crore

Show Answer

[5]. According to the first-ever Green Status assessment by the IUCN, what is the current Green Status of the lion (Panthera leo)?

[A]. Fully Recovered

[B]. Largely Depleted

[C]. Critically Endangered

[D]. Stable

Show Answer