1. The Union Cabinet approved the Credit Guarantee Scheme for Exporters (CGSE) to support which of the following?
A) Only MSME exporters
B) Only large exporters
C) Both MSMEs and non-MSMEs
D) Only public sector exporters
Answer: C) Both MSMEs and non-MSMEs
Explanation: CGSE aims to enhance export credit availability for all eligible exporters — including MSMEs and non-MSMEs.
2. RBI imposed a monetary penalty of ₹3.10 lakh on which company for regulatory non-compliance?
A) Paytm Payments Bank
B) Mannakrishna Investments Pvt Ltd
C) Cholamandalam Finance
D) Bajaj Capital
Answer: B) Mannakrishna Investments Pvt Ltd
Explanation: RBI penalised Mannakrishna Investments for violating NBFC regulations.
3. RBI’s All-India House Price Index (HPI) growth for Q2 FY26 stood at:
A) 7%
B) 5.4%
C) 2.2%
D) 9%
Answer: C) 2.2%
Explanation: This is significantly lower than the 7% growth recorded the previous year.
4. Tata Realty & Infrastructure Ltd signed a ₹1,280 crore green loan with which bank?
A) SBI
B) HDFC Bank
C) DBS Bank India
D) Standard Chartered
Answer: C) DBS Bank India
Explanation: The loan will develop Intellion Park in Gurugram.
5. NBBL launched “Banking Connect” to simplify which service?
A) Export financing
B) Online merchant net banking payments
C) UPI Lite
D) Credit card onboarding
Answer: B) Online merchant net banking payments
Explanation: The interoperable platform enables biometric login and real-time RBI monitoring.
6. ADB approved USD 475.8 million for which region of India?
A) Western Region
B) Northeast India
C) Central India
D) Southern Region
Answer: B) Northeast India
Explanation: The loan supports healthcare, ecotourism, and livelihood development.
7. IMF graded India’s national accounts statistics as:
A) A
B) B
C) C
D) D
Answer: C) C
Explanation: ‘C’ is the second-lowest grade, indicating methodological gaps.
8. Indian banks implemented SWIFT ISO 20022 standards before which deadline?
A) 1 January 2026
B) 22 November 2025
C) 31 December 2025
D) 30 September 2025
Answer: B) 22 November 2025
Explanation: India achieved full compliance ahead of the global deadline.
9. Cyclone Ditwah formed in which water body?
A) Arabian Sea
B) Bay of Bengal
C) Indian Ocean
D) South China Sea
Answer: B) Bay of Bengal
Explanation: It developed over the Southwest Bay of Bengal.
10. Who was appointed Chairman of CBIC from 1 December 2025?
A) Vivek Chaturvedi
B) Sanjay Kumar
C) Rahul Navin
D) Sandeep Kumar
Answer: A) Vivek Chaturvedi
Explanation: He is a 1990 batch IRS (Customs & Indirect Taxes) officer.
11. Vice Admiral Sanjay Sadhu assumed which key post?
A) Chief of Southern Naval Command
B) Controller of Warship Production & Acquisition
C) Director General Naval Operations
D) Chief Hydrographer
Answer: B) Controller of Warship Production & Acquisition
Explanation: He took charge on 28 Nov 2025.
12. Vikram-I, unveiled in Hyderabad, is significant because it is:
A) India’s first reusable rocket
B) India’s first fully cryogenic rocket
C) India’s first private orbital launch vehicle
D) India’s fastest missile
Answer: C) India’s first private orbital launch vehicle
Explanation: Developed by Skyroot Aerospace.
13. WII researchers discovered 13 new bush frog species belonging to which genus?
A) Nyctibatrachus
B) Euphlyctis
C) Raorchestes
D) Uperodon
Answer: C) Raorchestes
Explanation: Found in Eastern Himalayas & Indo-Burma biodiversity hotspot.
14. Tom Stoppard, who passed away at 88, was famous as a:
A) Historian
B) Playwright
C) Wildlife researcher
D) Astronaut
Answer: B) Playwright
Explanation: He was a celebrated British dramatist.
15. Which Indian rum won “Rum Brand of the Year 2025”?
A) Old Monk
B) Amrut Rum
C) Camikara
D) Maka Zai Rum
Answer: C) Camikara
Explanation: First Indian rum to win at The Spirits Business Awards 2025 .
16. Which city became the world’s most populous city according to UN WUP 2025?
A) Tokyo
B) Manila
C) Dhaka
D) Jakarta
Answer: D) Jakarta
Explanation: Jakarta surpassed Tokyo with 42 million population.
17. Soyuz MS-28 mission carried how many astronauts?
A) 2
B) 3
C) 4
D) 5
Answer: B) 3
Explanation: Two Roscosmos cosmonauts + one NASA astronaut.
18. Which city will host the 2030 Commonwealth Games?
A) New Delhi
B) Abuja
C) Ahmedabad
D) Kuala Lumpur
Answer: C) Ahmedabad
Explanation: Selected during Commonwealth Sport’s General Assembly in Glasgow.
19. India’s worst-ever Test defeat by runs (408 runs) in 2025 happened against:
A) Australia
B) South Africa
C) England
D) Pakistan
Answer: B) South Africa
Explanation: India lost by 408 runs at Barsapara Stadium, Guwahati.