Daily Current Affairs MCQ Quiz – 26 February 2026 | For Banking, SSC, UPSC, RBI, Railways & Defence Exams

Question 1

What is the total monetisation target under NMP 2.0?

Accepted Answer

₹16.72 lakh crore - NMP 2.0 has an aggregate monetisation potential of ₹16.72 lakh crore for FY 2025–30. Remember: 16.72 = upgraded big target.

Question 2

NMP 2.0 was formulated by which organisation?

Accepted Answer

NITI Aayog - National Monetisation Pipeline was formulated by NITI Aayog in consultation with infrastructure ministries.

Question 3

The period covered under NMP 2.0 is:

Accepted Answer

2025–30 - NMP 2.0 covers FY 2025–26 to FY 2029–30.

Question 4

NMP 2.0 target is how many times higher than NMP 1.0?

Accepted Answer

2.6 times - NMP 2.0 is 2.6 times higher than NMP 1.0 target. UPSC may ask comparative figures.

Question 5

Removal of New India Co-operative Bank from Second Schedule means it loses:

Accepted Answer

Scheduled bank status - Removal from Second Schedule removes “Scheduled Bank” privileges such as refinance access.

Question 6

RBI allowed banks to lend to which of the following?

Accepted Answer

REITs - RBI permitted lending to Real Estate Investment Trusts (REITs) with safeguards.

Question 7

Maximum exposure of banks to a REIT cannot exceed:

Accepted Answer

49% - Aggregate exposure cap is 49% of REIT asset value. Remember: just below 50%.

Question 8

Lead Bank Scheme was originally introduced in:

Accepted Answer

1969 - LBS was introduced in 1969 to promote priority sector lending.

Question 9

Minimum CD Ratio prescribed for rural/semi-urban branches is:

Accepted Answer

60% - Revised guidelines mandate 60% Credit-Deposit Ratio.

Question 10

Recovery agents can contact borrowers between:

Accepted Answer

8 AM–7 PM - RBI fixed contact timing between 8 AM and 7 PM to protect borrowers.

Question 11

Revised KCC loan tenure has been extended to:

Accepted Answer

6 years - Kisan Credit Card tenure extended to 6 years.

Question 12

Collateral-free agricultural loans under revised KCC allowed up to:

Accepted Answer

₹2 lakh - RBI waived collateral requirement up to ₹2 lakh per borrower.

Question 13

AI Impact Summit 2026 concluded in:

Accepted Answer

New Delhi - The summit was held in New Delhi and adopted the New Delhi Declaration.

Question 14

How many countries endorsed the New Delhi Declaration?

Accepted Answer

89 - 89 countries and international organisations endorsed the declaration.

Question 15

Jharkhand Budget 2026–27 outlay is:

Accepted Answer

₹1.58 lakh crore - Jharkhand presented ₹1.58 lakh crore “Abua Dishom Budget”.

Daily Current Affairs 28 October 2026: Important GK Updates for UPSC, SSC, Banking & Railways Exams