Q1. The India International Conference on Democracy and Election Management (IICDEM) primarily aims to position India as a global hub for which of the following?
A. Electoral funding reforms
B. Election technology and democratic resilience
C. Political party regulation
D. Judicial oversight of elections
Answer: B
📝 Explanation:
IICDEM focuses on electoral best practices, democratic resilience, and election technology , enhancing India’s soft power through democratic expertise , led by the Election Commission of India.
Q2. The 86th All India Presiding Officers’ Conference (AIPOC 2026) is most directly related to strengthening which constitutional institution?
A. Executive
B. Judiciary
C. Legislature
D. Election Commission
Answer: C
📝 Explanation:
AIPOC brings together presiding officers of legislatures to improve legislative functioning, parliamentary ethics, and federal dialogue , making it directly linked to the Legislature (GS-II) .
Q3. India’s ranking of 6th out of 11 countries in the Asia Manufacturing Index (AMI) 2026 highlights which key challenge?
A. Low labour availability
B. Weak export demand
C. Gaps in logistics and technology depth
D. Excessive foreign competition
Answer: C
📝 Explanation:
Despite progress, India’s AMI rank reflects structural gaps in logistics efficiency, technology intensity, and cost competitiveness , relevant to Make in India and China+1 strategy .
Q4. The GeM–World Trade Centre (WTC) Mumbai MoU is significant mainly because it:
A. Allows private procurement through GeM
B. Links MSMEs to global trade platforms
C. Replaces traditional tendering systems
D. Enables foreign direct procurement by states
Answer: B
📝 Explanation:
The MoU expands MSME market access beyond government procurement to international trade platforms , strengthening DPI-enabled MSME integration .
Q5. The SAARG Committee constituted by PFRDA is related to reforms in:
A. Banking supervision
B. Insurance penetration
C. National Pension System investment framework
D. Sovereign wealth management
Answer: C
📝 Explanation:
SAARG (Strategic Asset Allocation and Risk Governance) reviews asset allocation, risk governance, and assured returns under the National Pension System (NPS) .
Q6. SEBI’s approval for PhonePe’s IPO is an indicator of:
A. Government disinvestment strategy
B. Liberalisation of foreign fintech firms
C. Maturity of India’s fintech ecosystem
D. Privatisation of digital payments
Answer: C
📝 Explanation:
IPO approval reflects regulatory confidence and market maturity of India’s fintech sector, especially in digital payments and capital markets .
Q7. Juspay becoming India’s first unicorn of 2026 is significant