51. Which banks have been listed as Domestic Systemically Important Banks (D-SIBs) in RBI’s 2025 list?
[A] ICICI Bank, UCO Bank, and Kotak Mahindra Bank
[B] Axis Bank, Punjab National Bank, and Yes Bank
[C] Bank of Baroda, Axis Bank, and ICICI Bank
[D] State Bank of India (SBI), HDFC Bank, and ICICI Bank
Show Answer
Correct Answer: D [State Bank of India (SBI), HDFC Bank, and ICICI Bank]
Notes:
Reserve Bank of India (RBI) has listed State Bank of India (SBI), HDFC Bank, and ICICI Bank as Domestic Systemically Important Banks (D-SIBs) for 2025. The three banks continue under the same bucketing structure as the previous year. D-SIBs are banks whose failure can severely affect the financial system and national economy. They are considered “too big to fail” due to size, interconnectedness, and critical banking role. RBI identifies D-SIBs based on systemic importance. D-SIBs must maintain additional CET1 capital above regular norms. Banks are categorized into buckets depending on their systemic criticality.
52. Which payments bank became the first to receive RBI’s in-principle approval to convert into a Small Finance Bank (SFB)?
[A] Airtel Payments Bank
[B] Paytm Payments Bank
[C] Jio Payments Bank
[D] Fino Payments Bank
Show Answer
Correct Answer: D [Fino Payments Bank]
Notes:
Fino Payments Bank became the first payments bank to receive in-principle approval from Reserve Bank of India (RBI) to convert into a Small Finance Bank (SFB). This approval allows Fino to accept larger deposits and offer loans and credit to individuals and small businesses. Fino applied under RBI’s “on tap” licensing guidelines for private sector SFBs. Payments banks can apply for SFB status after completing five years of operations and meeting regulatory norms. Fino started as a payments bank in 2017 and applied nearly two years ago for conversion. Fino plans to start lending within one year after approval. It serves over 16 million customers through more than 2 million merchants.
53. Which institution has launched the Past Risk and Return Verification Agency (PaRRVA) to improve transparency in financial markets?
[A] Reserve Bank of India (RBI)
[B] Securities and Exchange Board of India (SEBI)
[C] Ministry of Finance
[D] Insurance Regulatory and Development Authority of India (IRDAI)
Show Answer
Correct Answer: B [Securities and Exchange Board of India (SEBI)]
Notes:
Securities and Exchange Board of India (SEBI) launched Past Risk and Return Verification Agency (PaRRVA) to improve transparency in financial markets. PaRRVA is a new system to verify and authenticate past performance claims made by regulated market intermediaries. It was launched on a pilot basis by Care Ratings in collaboration with National Stock Exchange (NSE). It applies to SEBI-registered Investment Advisers, Research Analysts, and Algorithmic (Algo) Stock Brokers.
54. Which institute has launched India’s first incubator-linked deep-tech venture capital fund?
[A] IIT Bombay
[B] IIT Hyderabad
[C] IIT Ahmedabad
[D] IIT Kanpur
Show Answer
Correct Answer: A [IIT Bombay]
Notes:
IIT Bombay’s Society for Innovation and Entrepreneurship (SINE) has launched India’s first incubator-linked deep-tech venture capital fund, named the Y-Point Venture Capital Fund, with a total corpus of ₹250 crore. The fund aims to provide early-stage risk capital to India’s deep-tech startups, especially those emerging from IIT Bombay and other top research institutions across the country. It will invest in pre-seed and seed-stage companies, helping them translate cutting-edge research into commercially viable technologies. The fund plans to support 25–30 startups, offering investments of up to ₹15 crore to each selected company.
55. What is the name of the nationwide campaign launched by the government to facilitate the settlement of unclaimed financial assets?
[A] Know Your Funds
[B] Your Money, Your Right
[C] Claim Your Assets Mission
[D] Digital Finance Sahayata
Show Answer
Correct Answer: B [Your Money, Your Right]
Notes:
The government has launched a nationwide campaign ‘Your Money, Your Right’ to help citizens reclaim unclaimed financial assets such as bank deposits, insurance proceeds, dividends, shares, mutual funds and pensions. The campaign began on October 4, 2025, and aims to return dormant financial assets to their legitimate owners through simplified, district-level support mechanisms. Between October and November 2025, citizens successfully reclaimed around ₹2,000 crore of unclaimed funds. From October to December 5, 2025, dedicated camps were organised in 477 districts, involving public representatives, district administrations and financial institution officials.
56. How many days of wage employment are guaranteed under Viksit Bharat–Guarantee for Rozgar and Ajeevika Mission (Gramin) 2025?
[A] 100 days
[B] 125 days
[C] 150 days
[D] 155 days
Show Answer
Correct Answer: B [125 days]
Notes:
Union Minister for Rural Development and Agriculture & Farmers Welfare, Shri Shivraj Singh Chauhan, introduced the Viksit Bharat–Guarantee for Rozgar and Ajeevika Mission (Gramin) or VB–G RAM G Bill, 2025, in the Lok Sabha. The Bill provides a statutory guarantee of 125 days of wage employment every year for rural households. It aims to ensure welfare of the poor and promote comprehensive village development in line with Mahatma Gandhi’s vision of self-reliant and developed villages. The central government has committed over ₹95,000 crore for this initiative. Panchayats will be graded, with additional work assigned to underdeveloped or underperforming panchayats to ensure balanced development.
57. The Rapid Financing Instrument is a financial assistance mechanism of which international organisation?
[A] World Bank
[B] Asian Development Bank
[C] International Monetary Fund
[D] United Nations Development Programme
Show Answer
Correct Answer: C [International Monetary Fund]
Notes:
The International Monetary Fund (IMF) approved emergency funding of 206 million United States Dollars (USD) for Sri Lanka after Cyclone Ditwah. The support is given under the Rapid Financing Instrument (RFI). The Rapid Financing Instrument (RFI) is a fast-acting financial aid program from the International Monetary Fund (IMF). It provides quick financial help to IMF member countries facing urgent balance of payments problems. It operates under the General Resources Account (GRA) of the IMF. The Regular Window supports crises from instability or external shocks, allowing up to 50 percent of quota yearly.
58. As per recent report, India recently surpassed which country to become the world’s fourth-largest economy?
[A] Japan
[B] Germany
[C] Russia
[D] China
Show Answer
Correct Answer: A [Japan]
Notes:
As per recent report by Indian government, India surpassed Japan to become the world’s fourth-largest economy with Gross Domestic Product (GDP) of USD 4.18 trillion. India is expected to overtake Germany to become the third-largest economy by 2030 with projected GDP of USD 7.3 trillion. India remains the world’s fastest-growing major economy despite global trade uncertainties. Real GDP grew 8.2% in Quarter 2 of 2025–26, rising steadily from previous quarters. Growth is driven mainly by strong private consumption and domestic demand. The United States (US) ranks first and China second in global economy size.
59. The Market Access Support (MAS) Intervention is part of which flagship initiative?
[A] Make in India
[B] Atmanirbhar Bharat Abhiyan
[C] Skill India Mission
[D] Export Promotion Mission
Show Answer
Correct Answer: D [Export Promotion Mission]
Notes:
Government of India launched the Market Access Support (MAS) Intervention under the Export Promotion Mission (EPM). Market Access Support (MAS) is implemented under the NIRYAT DISHA sub-scheme of EPM, approved by the Union Cabinet on 12 November 2025. It aims to strengthen international market access for Indian exporters, especially MSMEs, first-time exporters, and priority sector firms. Export Promotion Mission (EPM) is jointly run by Department of Commerce, Ministry of MSME, Ministry of Finance, Indian Missions abroad, Export Promotion Councils (EPCs), Commodity Boards, and industry associations.
60. As per recent report, which state topped India’s investment chart in FY26, securing 25.3% of proposed capital?
[A] Andhra Pradesh
[B] Uttar Pradesh
[C] Rajasthan
[D] Maharashtra
Show Answer
Correct Answer: A [Andhra Pradesh]
Notes:
Recently, Andhra Pradesh emerged as India’s top investment destination, capturing 25.3% of all proposed investments in the first nine months of FY26. It leads other states like Odisha (13.1%) and Maharashtra (12.8%), showing a shift of industrial momentum to eastern and southern corridors. Andhra Pradesh, Odisha, and Maharashtra together account for 51.2% of India’s total proposed capital investment. Nationwide, investment announcements reached Rs 26.6 lakh crore, up 11.5% year-on-year. Andhra Pradesh’s performance is credited to investor-friendly policies, fast-track approvals, infrastructure development, and sector-focused strategies.