1. With reference to the Monetary Policy Committee (MPC), consider the following statements:
1. The Monetary Policy Committee is a statu-tory body established under the Banking Regulation Act, 1949.
2. The primary objective of the MPC is to de-termine the policy rate required to achieve an inflation target of 6% ± 2%.
3. The decisions taken by the MPC are binding on the Reserve Bank of India.
4. In the event of an equality of votes in an MPC meeting, the RBI Governor exercises a casting vote.
Which of the statements given above are correct?
(a) 3 and 4 only
(b) 2, 3 and 4 only
(c) 1 and 3 only
(d) 1, 2 and 4 only
2. In the Puttaswamy judgment, the Supreme Court held that ‘Informational Privacy’ is an intrinsic part of which right?
(a) Right against exploitation
(b) Right to constitutional remedies
(c) Right to life and personal liberty
(d) Right to move freely throughout the territory of India
3. With reference to a Private Member’s Bill in the Indian Parliament, consider the following statements:
1. A Private Member’s Bill can be introduced by any Member of Parliament who is not a Minister.
2. The notice period for the introduction of a Private Member’s Bill is one month, whereas for a Government Bill it is seven days.
3. Rejection of a Private Member’s Bill by the House amounts to a lack of confidence in the government.
Which of the statements given above is/are correct?
(a) 2 only
(b) 1 and 2 only
(c) 2 and 3 only
(d) 1, 2, and 3
4. What is the primary strategic significance of the Chabahar Port for India?
(a) It provides the shortest sea route to the Mediterranean via the Suez Canal.
(b) It provides India direct access to Afghanistan and Central Asia, bypassing Pakistan.
(c) It serves as the primary terminal for the TAPI gas pipeline project.
(d) It enables India to directly export goods to Europe without transiting through the Strait of Hormuz.
5. Under the Reserve Bank of India’s proposed cyber fraud compensation framework, what is the maximum amount of compensation payable to an individual for a single eligible digital fraud incident?
(a) ₹10,000
(b) ₹25,000
(c) ₹50,000
(d) ₹1,00,000
6. With reference to the Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) Scheme, consider the following statements:
1. The PMFME Scheme is a Centrally Sector Scheme implemented by the Ministry of Food Processing Industries.
2. The scheme adopts the One District One Product (ODOP) approach to promote value-chain development, including common infra-structure and marketing support.
3. The scheme primarily targets micro food processing enterprises operating in the un-organised sector.
Which of the statements given above is/are correct?
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1, 2 and 3
(d) 3 only
7. With reference to the Anti-Defection Law in India, consider the following statements:
1. It was added to the Constitution by the 52nd Amendment Act, 1985.
2. It provides for disqualification of nominated members if they join a political party within six months of taking their seat.
3. The Presiding Officer of the House decides questions related to disqualification on grounds of defection.
Which of the statements given above is/are correct?
(a) 1 and 3 only
(b) 1 only
(c) 2 and 3 only
(d) 1, 2 and 3
8. Pakhal Wildlife Sanctuary is located in which of the following States?
(a) Andhra Pradesh
(b) Telangana
(c) Chhattisgarh
(d) Odisha
9. With reference to the Bharat GenAI initiative, consider the following statements:
1. Bharat GenAI is a government-supported in-itiative aimed at developing sovereign foun-dational AI models for India.
2. The initiative focuses exclusively on text-based Large Language Models (LLMs).
3. It aims to support all 22 scheduled lan-guages of the Indian Constitution.
4. The initiative is being spearheaded by the Indian Institute of Science (IISc), Bengaluru, along with active Technology Innovation Hubs (TIHs).
Which of the statements given above are correct?
(a) 1, 3 and 4 only
(b) 1 and 3 only
(c) 2 and 4 only
(d) 1, 2, 3 and 4
10. Consider the following situations under the Tenth Schedule:
1. An elected member voluntarily gives up membership of their political party.
2. An independent member joins a political party after the election.
3. A party merges with another party with the support of two-thirds of its legislators.
Which of the above situations will attract disqualification on grounds of defection?
(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 (07-02-2026):
1. Answer: (a)
2. Answer: (c)
3. Answer: (b)
4. Answer: (b)
5. Answer: (b)
6. Answer: (b)
7. Answer: (a)
8. Answer: (b)
9. Answer: (a)
10. Answer: (a)
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