A mixed set of 25 Indian Economy MCQs on smaller topics that have no set of their own. Each answer links to its topic Article.
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Q1. As of the 2025-26 progress update, how did White Revolution 2.0’s dairy cooperative formation compare to its March 2026 target?
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Answer: B
The programme had already formed 67,433 societies, ahead of its 54,442 target for March 2026, with average procurement reaching 700 lakh litres a day.
Related topics: The White Revolution
Q2. How many new Dairy Cooperative Societies does White Revolution 2.0 target creating by 2028-29?
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Answer: D
White Revolution 2.0 targets 75,000 new Dairy Cooperative Societies and strengthening 46,422 existing ones by 2028-29.
Related topics: The White Revolution
Q3. On 3 July 2026, why did the government order the removal of certain e-rickshaw Battery Management System (BMS) apps from app stores?
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Answer: A
The apps had enabled unauthorised remote control of e-rickshaw batteries, prompting the removal order and a wider Lok Sabha briefing on India’s integrated cybersecurity framework.
Related topics: E-Rickshaws in India: Battery Management and Regulation
Q4. Under the PM E-DRIVE scheme, until when does the incentive window for registered e-rickshaws and e-carts run?
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Answer: B
PM E-DRIVE’s window for registered e-rickshaws and e-carts (L5M category) runs until 31 March 2028, longer than for other electric three-wheeler categories.
Related topics: E-Rickshaws in India: Battery Management and Regulation
Q5. By how much did India’s mobile phone exports grow between 2014-15 and 2025-26?
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Answer: D
Mobile phone exports grew 165 times, from about ₹1,500 crore in 2014-15 to about ₹2.59 lakh crore in 2025-26 — the fastest-growing of the four tracked metrics.
Related topics: Mobile Phone Manufacturing Scheme (MPMS)
Q6. What share of mobile phones sold in India does the country now manufacture domestically, per July 2026 government data?
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Answer: C
India now manufactures about 99.2% of the mobile phones sold domestically, and mobile phones are the country’s single largest exported item.
Related topics: Mobile Phone Manufacturing Scheme (MPMS)
Q7. In July 2026, the government approved 2 new Electronics Manufacturing Clusters (EMCs) worth ₹1,012 crore in which state?
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Answer: A
The 2 EMCs — at Manallur (474.3 acres, ₹587.47cr) and Pillapaikkam (379.3 acres, ₹424.55cr) — were approved in Tamil Nadu.
Related topics: Electronics Manufacturing Industry in India
Q8. Which single scheme accounted for the largest share, ₹3,295.76 crore, of recently sanctioned tourism-infrastructure funding?
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Answer: A
SASCI offers States 50-year interest-free loans, for developing ‘Iconic Tourist Centres’ at a global scale.
Related topics: Tourism Infrastructure Development in India
Q9. Per a 21 July 2026 Lok Sabha reply, how many tourism-infrastructure projects were sanctioned across all schemes over the past two financial years?
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Answer: D
Together these 117 projects were worth ₹5,756.62 crore, spanning six different Central Financial Assistance schemes.
Related topics: Tourism Infrastructure Development in India
Q10. Which of these lets a citizen report a fake or illegal loan app directly?
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Answer: A
The answer is the National Cybercrime Reporting Portal, or helpline 1930. The Home Ministry runs helpline 1930 for financial cyber frauds, and it also helps people lodge cases on the portal. A fake loan app that cheats a borrower is a cyber fraud. The Income Tax e-filing portal, UMANG and DigiLocker serve other tasks. Memory hook: report cyber fraud on 1930 or the cybercrime portal.
Related topics: Digital Lending Ecosystem and RBI’s Regulatory Framework
Q11. RBI’s Default Loss Guarantee (DLG) arrangements, permitted from June 2023, cap loss-sharing exposure at what share of a loan portfolio?
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Answer: D
The answer is 5%. The DLG cover cannot exceed five per cent of the total amount disbursed from that loan portfolio. It is measured on the amount disbursed, not on the amount outstanding. 1%, 10% and 25% are not the cap. Memory hook: five per cent of what was disbursed.
Related topics: Digital Lending Ecosystem and RBI’s Regulatory Framework
Q12. Under RBI’s digital lending rules, how must loan money reach the borrower?
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Answer: B
The loan goes directly into the borrower’s own bank account. The Directions bar disbursal into any third-party account, including an LSP’s account. Repayment also goes straight to the lender’s account. An app wallet, an LSP escrow account and cash through an agent are all ruled out. Memory hook: money straight, fee straight.
Related topics: Digital Lending Ecosystem and RBI’s Regulatory Framework
Q13. RBI issued its first formal Digital Lending Guidelines on which date?
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Answer: A
The answer is 2 September 2022. The RBI issued its Guidelines on Digital Lending on that date. 8 May 2025 is the date of the consolidated Directions that repealed them. 1 July 2025 is the date set for the public app directory. 22 October 2025 matches no step in the rule chain above. Memory hook: Guidelines in September 2022, Directions in May 2025.
Related topics: Digital Lending Ecosystem and RBI’s Regulatory Framework
Q14. In which year did RBI’s Working Group on Digital Lending submit its report, laying the groundwork for future regulation?
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Answer: C
The answer is 2021. The RBI released the Working Group’s report on 18 November 2021. The group had been formed on 13 January 2021. 2019 is too early. 2022 is the year of the first Guidelines, which followed the report. 2025 is the year of the consolidated Directions. Memory hook: group and report in 2021, Guidelines in 2022, Directions in 2025.
Related topics: Digital Lending Ecosystem and RBI’s Regulatory Framework
Q15. In 1972, the Central Silk Board set up a research station at Titabar, Assam. It was meant to support research on which two silk varieties of India’s Northeast?
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Answer: C
The answer is Muga and Eri. The Central Muga Eri Research Station was set up at Titabar, Assam, in 1972. Its aim was research and development support for the muga and eri silk industry of the North East.
Related topics: Central Silk Board
Q16. India’s raw silk production was 41,121 metric tonnes in 2024-25. By what margin did it rise over the previous decade, from 2013-14?
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Answer: D
The answer is 55%, up from 26,480 metric tonnes in 2013-14. PIB gives the rise as 55.30%. The other options are wrong. The 24% figure is the rise in employment (23.95%), not in silk output.
Related topics: Silk Production in India
Q17. India is the world’s second-largest producer of silk. Which country ranks first?
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Answer: C
The answer is China. India is second in silk output, after China. India is the only country that makes all four commercial silks.
Related topics: Silk Production in India
Q18. The Central Silk Board functions under which Ministry, and where is it headquartered?
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Answer: A
The answer is the Ministry of Textiles, headquartered in Bengaluru. The Board is a statutory body set up by Parliament in 1948. It works under the Ministry of Textiles.
Related topics: Central Silk Board
Q19. In which year was the Central Silk Board Act passed, creating the Central Silk Board?
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Answer: B
The answer is 1948. The Central Silk Board Act is Act No. 61 of 1948, dated 20 September 1948. It was passed to develop the silk industry under Central control.
Related topics: Central Silk Board
Q20. Mission Golden Spice is anchored by which Union Ministry, in convergence with the North Eastern Council?
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Answer: C
Agencies like APEDA, the Spices Board, and ICAR are also involved, but MDoNER anchors the Mission itself.
Related topics: Mission Golden Spice: Lakadong Turmeric
Q21. Mission Golden Spice, launched on 21 July 2026 with a ₹175.45 crore outlay, aims to raise Lakadong turmeric farmers’ income from ₹30-40 a kilo to roughly what figure by 2030?
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Answer: B
The Mission also aims to nearly triple the area under cultivation, from about 2,500 to 7,500 hectares.
Related topics: Mission Golden Spice: Lakadong Turmeric
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