1. The “New Delhi Declaration on AI Impact” is primarily associated with which domain?
A) Climate finance framework
B) Global Artificial Intelligence governance
C) Cyber warfare treaty
D) Digital currency regulations
✅ Answer: B) Global Artificial Intelligence governance
Explanation:
The declaration emerged from the AI Impact Summit 2026 and focuses on ethical, inclusive, and developmental AI. It represents norm-setting in AI governance.
2. The Startup India Fund of Funds 2.0 (FoF 2.0) primarily aims to:
A) Finance PSU disinvestment
B) Support early-stage startups via capital infusion
C) Provide farm subsidies
D) Expand digital payment networks
✅ Answer: B) Support early-stage startups via capital infusion
Explanation:
FoF 2.0 strengthens India’s startup ecosystem by providing patient capital, especially for deep-tech and innovation-led ventures.
3. The removal of a bank from the Second Schedule of the RBI Act, 1934 implies:
A) Bank nationalisation
B) Loss of scheduled bank status
C) Licence cancellation
D) Merger with SBI
✅ Answer: B) Loss of scheduled bank status
Explanation:
Banks listed in the Second Schedule are “Scheduled Banks.” Removal affects privileges like RBI borrowing eligibility, not necessarily licence revocation.
4. The Lead Bank Scheme (LBS) is mainly designed to:
A) Manage inflation
B) Coordinate district-level credit planning
C) Regulate stock exchanges
D) Supervise NBFCs
✅ Answer: B) Coordinate district-level credit planning
Explanation:
LBS improves financial inclusion by assigning a lead bank to coordinate banking and credit development in each district.
5. Exercise Dharma Guardian is conducted between India and:
A) France
B) Japan
C) USA
D) Australia
✅ Answer: B) Japan
Explanation:
Dharma Guardian is a bilateral India–Japan military exercise focusing on interoperability and defence cooperation.
6. NATO’s “Arctic Sentry” Mission reflects strategic focus on:
A) Indo-Pacific naval dominance
B) Space militarisation
C) Arctic security & surveillance
D) African peacekeeping
✅ Answer: C) Arctic security & surveillance
Explanation:
The Arctic region is emerging as a geopolitical hotspot due to climate change, resource competition, and military presence.
7. The UNESCO Asia-Pacific Award of Merit granted to the Vasai Cathedral highlights:
A) Digital preservation initiatives
B) Cultural heritage conservation
C) Tourism competitiveness
D) Religious diplomacy
✅ Answer: B) Cultural heritage conservation
Explanation:
UNESCO heritage awards recognise restoration and preservation of historically significant structures.
8. Establishment of a Quantum & AI University primarily indicates advancement in:
A) Agricultural reforms
B) Deep-tech human capital development
C) Defence exports
D) Monetary policy innovation
✅ Answer: B) Deep-tech human capital development
Explanation:
Such institutions strengthen research ecosystems in frontier technologies like quantum computing and AI.
9. NDMA’s collaboration with CSIR institutions mainly strengthens:
A) Urban governance
B) Disaster science & resilience frameworks
C) Trade policy
D) Defence procurement
✅ Answer: B) Disaster science & resilience frameworks
Explanation:
The partnership promotes evidence-based disaster management using scientific research.
10. Which of the following best describes Asset Monetisation under NMP 2.0?
A) Sale of government ownership
B) Leasing/optimising brownfield public assets
C) Foreign investment in PSUs
D) Creation of new infrastructure
✅ Answer: B) Leasing/optimising brownfield public assets
Explanation:
Asset monetisation generates revenue by unlocking value from existing public assets without transferring ownership.