1. With reference to the Electronics Component Manufacturing Scheme (ECMS), consider the following statements:
1. It is a central sector scheme under the Ministry of Commerce and Industry.
2. The scheme follows a ‘First-Finisher Principle’ to prioritize incentive disbursal.
3. Incentives are linked only to the total capital expenditure incurred by the firm.
Which of the statements given above is/are correct?
(a) 1 and 2 only
(b) 2 only
(c) 2 and 3 only
(d) 1, 2, and 3
2. With reference to the Export Promotion Mission (EPM), consider the following statements:
1. It is a mission-mode umbrella initiative under the Ministry of Finance.
2. The mission aims to lower export financing costs and improve credit access for MSMEs.
3. The newly announced credit-linked sub-schemes have a timeline extending up to 2030–31.
Which of the statements given above is/are correct?
(a) 1 and 2 only
(b) 3 only
(c) 2 and 3 only
(d) 1, 2, and 3
3. In the context of the Information Technology Act, 2000, what does ‘Safe Harbour’ protection under Section 79 signify?
(a) Complete immunity to platforms from all types of criminal prosecution regardless of their actions.
(b) Legal protection for intermediaries against liability for third-party content, provided they follow prescribed due diligence norms.
(c) A government grant given to startups to protect them from losses incurred by AI implementation.
(d) The right of users to remain anonymous while posting on social media platforms.
4. With reference to the PRAGATI (Pro-Active Governance and Timely Implementation) platform, consider the following statements:
1. It acts as an integrating platform that brings together information from portals like CPGRAMS and the Project Monitoring Group (PMG).
2. It involves a three-tier system comprising the PMO, Union Secretaries, and State Chief Secretaries.
3. It utilizes geo-spatial tools and video conferencing to monitor projects in real-time.
Which of the statements given above are correct?
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) 1, 2, and 3
5. Among the following crops, which one is the most important anthropogenic source of both methane and nitrous oxide?
(a) Cotton
(b) Rice
(c) Sugarcane
(d) Wheat
6. Consider the following statements:
1. Only Parliament can include or exclude any community from the ST list.
2. The process of amending the ST list requires a Special Majority under Article 368.
3. The President notifies the list of STs for each State.
How many of the above statements are correct?
(a) Only one
(b) Only two
(c) All three
(d) None
7. How does the Purchasing Managers’ Index (PMI) differ from Gross Domestic Product (GDP) data?
1. PMI is a survey-based perception indicator, while GDP is based on actual production and value-added data.
2. PMI is released monthly, whereas GDP is typically released on a quarterly basis.
3. PMI captures changes in the informal sector more accurately than GDP.
Which of the statements given above is/are correct?
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 only
(d) 1, 2, and 3
8. How does CBG compare to Compressed Natural Gas (CNG)?
(a) CBG has a significantly lower calorific value than CNG.
(b) CNG is a renewable fuel whereas CBG is a fossil fuel.
(c) Both are primarily composed of methane and can be used in the same engines.
(d) CBG cannot be transported via pipelines, unlike CNG.
9. The Cities Coalition for Circularity (C3) is most closely aligned with the objectives of which of the following national missions?
(a) Atal Mission for Rejuvenation and Urban Transformation (AMRUT)
(b) Swachh Bharat Mission-Urban 2.0 (SBM-U 2.0)
(c) National Mission for Clean Ganga (NMCG)
(d) Pradhan Mantri Awas Yojana (PMAY)
10. With reference to the GST Council, consider the following statements:
1. It is a constitutional body established under Article 279A of the Indian Constitution.
2. The Union Finance Minister serves as the Chairperson, while the Union Minister of State in charge of Revenue or Finance is a member.
3. Every decision of the Council is taken by a simple majority of the members present and voting.
Which of the statements given above is/are correct?
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) 1, 2, and 3
ANSWERS for Daily Current Affairs Prelims Practice (03-01-2026):
1. Answer: (b)
2. Answer: (c)
3. Answer: (b)
4. Answer: (d)
5. Answer: (b)
6. Answer: (b)
7. Answer: (a)
8. Answer: (c)
9. Answer: (b)
10. Answer: (a)
La Excellence IAS Academy, the best IAS coaching in Hyderabad, known for delivering quality content and conceptual clarity for UPSC 2026 preparation.
FOLLOW US ON:
â—‰ YouTube : https://www.youtube.com/@CivilsPrepTeam
â—‰ Facebook: https://www.facebook.com/LaExcellenceIAS
â—‰ Instagram: https://www.instagram.com/laexcellenceiasacademy/
GET IN TOUCH:
Contact us at info@laex.in, https://laex.in/contact-us/
or Call us @ +91 9052 29 2929, +91 9052 99 2929, +91 9154 24 2140
OUR BRANCHES:
Head Office: H No: 1-10-225A, Beside AEVA Fertility Center, Ashok Nagar Extension, VV Giri Nagar, Ashok Nagar, Hyderabad, 500020
Madhapur: Flat no: 301, survey no 58-60, Guttala begumpet Madhapur metro pillar: 1524, Rangareddy Hyderabad, Telangana 500081
Bangalore: Plot No: 99, 2nd floor, 80 Feet Road, Beside Poorvika Mobiles, Chandra Layout, Attiguppe, Near Vijaya Nagara, Bengaluru, 560040