MCQ
Economic & Political Developments MCQ - Practice Questions with Answers
Solve 3,893 Economic & Political Developments questions for RAS/RPSC preparation.
Practice questions
Q1National Energy Conservation Day is observed in India on which date every year?
National Energy Conservation Day is observed on **December 14** every year in India. It has been observed since 1991 when the National Energy Conservation Awards (NECA) were first instituted by the Bureau of Energy Efficiency (BEE) under the Ministry of Power.
Q2What was the approximate value of India-Oman bilateral trade in FY 2024-25?
India-Oman bilateral trade reached about USD 10.61 billion in FY 2024-25. The later India-Oman CEPA gave Indian exports duty-free access across 98.08% of Oman's tariff lines, making the trade relationship more important for exam current affairs.
Q3Consider the following statements about confusion-prone pairs in defence technology: 1. Mahendragiri belongs to Project-17A, while INS Vikrant is an aircraft carrier. 2. Advanced Armoured Platforms in the corpus were designed and developed by Vehicles Research & Development Establishment. 3. GAURAV is a naval frigate under Project-17A. 4. RudraM-II was tested from the Su-30 MK-I platform, whereas GAURAV was tested from a ship launcher. Which of the statements given above are correct?
Statements 1 and 2 are true: Mahendragiri is tied to Project-17A, Vikrant is an aircraft carrier, and the armoured platforms were developed by VRDE. Statement 3 is false because GAURAV is a long-range glide bomb, not a frigate. Statement 4 is false because both RudraM-II and GAURAV are cited as tested from Su-30 MK-I; GAURAV is not cited as ship-launched.
Q4With reference to Pay Point India Network's direct CPS membership confirmed on 24 April 2026, consider the following statements: 1. Pay Point India became the first private fintech firm to gain direct membership of RBI's Centralised Payment System. 2. It was allotted its own IFSC code along with current and settlement accounts directly at RBI. 3. The membership gave it access only to NEFT and not to RTGS. Which of the statements given above are correct?
Statements 1 and 2 are correct. Statement 3 is incorrect because Pay Point India's direct CPS membership gives it access to both RTGS and NEFT.
Q5Which US official did EAM Jaishankar meet on the sidelines of UNGA 80 in September 2025?
Jaishankar met US Secretary of State Marco Rubio on the sidelines of UNGA 80, discussing trade, defence, and multilateral issues.
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6BIS celebrated its 79th Foundation Day with the beta launch of which portal?
7Consider the following statements about defence and ocean technology: 1. Samudrayaan aims to send 3 persons to 6000 m depth in the submersible MATSYA 6000. 2. The ₹2,901 crore contract for 6 ALH Mk-III helicopters in Maritime Role configuration was signed with HAL for the Indian Coast Guard. 3. VL-Shtil was contracted for the Indian Coast Guard for air surveillance, not for the Navy's ship-based air defence. 4. The new CQB carbines weigh about 5.3 kg and have an effective range of 500 metres. Which of the statements given above are correct?
8Which CMs were absent from PM Modi's virtual meeting on West Asia crisis due to Model Code of Conduct?
9In February 2026, the Indian Navy assumed first-ever command of CTF 154 under the Combined Maritime Forces (CMF), which is a coalition of how many nations?
10Consider the following statements: 1. The SHANTI Bill repeals the Atomic Energy Act, 1962. 2. The SHANTI Bill repeals the Civil Liability for Nuclear Damage Act, 2010. 3. The SHANTI Act allows licensing of specified non-government entities and public-private joint ventures for nuclear activities, subject to safety authorisation. Which of the statements given above are correct?
11Consider the following statements: 1. On April 25, 2026, India met a record peak electricity demand of 256.1 GW. 2. The Ministry of Power stated that this peak demand was met with shortage. 3. The Ministry of Power stated that cross-border exports were maintained while meeting this demand. Which of the statements given above are correct?
12What is the area of the Cold Desert Biosphere Reserve in Himachal Pradesh?
13Consider the following statements about Vehicle-to-Everything (V2X) communication: 1. TRAI released a consultation paper on the regulatory framework for V2X communication on 30 April 2026. 2. The Department of Telecommunications requested TRAI's recommendations on V2X through a letter dated 01 December 2025. 3. TRAI's consultation paper placed the subject under broadcasting tariffs rather than telecom licensing. Which of the statements given above are correct?
14Consider the following statements about the April 2026 Department of Commerce RoDTEP notification: 1. It revised RoDTEP schedules to align export remission entries with Customs tariff changes made through the Finance Act, 2026. 2. It withdrew all RoDTEP benefits from Special Economic Zone units. 3. It shifted RoDTEP processing from Customs to State governments. Which of the statements given above are correct?
15Which statement is correct about the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025?