MCQ 1 – Cultural & Infrastructure Renaming
Q1. The Pakyong Airport in Sikkim is proposed to be renamed after:
A) U Tirot Singh
B) Trilochan Pokhrel
C) Birsa Munda
D) Bhagat Singh
✅ Answer: B) Trilochan Pokhrel
Explanation:
Sikkim Government announced renaming Pakyong Airport after freedom fighter Trilochan Pokhrel, reflecting regional historical recognition.
MCQ 2 – Environmental Governance
Q2. The “Zero Prize” launched by India is best described as:
A) A carbon tax mechanism
B) A results-based environmental award
C) A biodiversity compensation fund
D) An emission trading platform
✅ Answer: B) A results-based environmental award
Explanation:
Zero Prize rewards scientifically verified pollution reduction, marking a shift toward outcome-based environmental incentives.
MCQ 3 – Transboundary Environmental Cooperation
Q3. The recent India–Nepal MoU focuses primarily on cooperation in:
-
Forest conservation
-
Wildlife protection
-
Climate change mitigation
Select the correct answer:
A) 1 only
B) 1 and 2 only
C) 2 and 3 only
D) 1, 2 and 3
✅ Answer: D) 1, 2 and 3
Explanation:
The agreement covers forests, biodiversity conservation and climate-related cooperation, especially important in the Himalayan ecosystem.
MCQ 4 – Digital Currency & Welfare
Q4. The CBDC-based food subsidy pilot launched in Puducherry is linked to which scheme?
A) PM-KISAN
B) PMFBY
C) PMGKAY
D) National Food Security Mission
✅ Answer: C) PMGKAY
Explanation:
The CBDC pilot integrates digital currency distribution under the Pradhan Mantri Garib Kalyan Anna Yojana framework.
MCQ 5 – Capital Market Reform
Q5. SEBI’s proposal to shift ETFs to a T+1 reference pricing framework aims primarily to:
A) Increase taxation on ETFs
B) Reduce settlement risk
C) Improve price alignment with underlying assets
D) Restrict retail participation
✅ Answer: C) Improve price alignment with underlying assets
Explanation:
T+1 pricing reduces lag between ETF valuation and underlying asset movement, enhancing transparency and investor protection.
MCQ 6 – Indigenous Defence Capability
Q6. The Light Combat Helicopter (LCH) ‘Prachand’ represents:
A) India’s first nuclear-capable helicopter
B) An imported attack helicopter platform
C)
Month: Current Affairs - February 28, 2026
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