Current Affairs Quiz February 2026

[1]. Recently, the Finance Minister proposed to raise the Securities Transaction Tax (STT) on futures and options. Securities Transaction Tax (STT) is classified as which of the following types of tax?

[A]. Direct tax

[B]. Indirect tax

[C]. Wealth tax

[D]. Cess

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[2]. Recently, the Union Budget clarified that the capital gains tax exemption will not apply to investors who purchase a particular gold-linked government security from the secondary market and hold it till maturity. This provision relates to which of the following gold-linked government instruments?

[A]. Gold Monetisation Scheme

[B]. Gold Exchange Traded Fund (ETF)

[C]. India Gold Coin Scheme

[D]. Sovereign Gold Bond

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[3]. Recently, the Union Finance Minister proposed a multilingual AI-based tool that integrates AgriStack portals and ICAR’s agricultural practices to enhance farm productivity and support better decision-making by farmers. What is the name of this tool?

[A]. Agri-Saathi

[B]. Kisan AI Mitra

[C]. Bharat-VISTAAR

[D]. Digital Krishi Mission

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[4]. Recently, in the Union Budget 2026–27, the Finance Minister announced an initiative to strengthen the khadi, handloom, and handicrafts sectors by improving branding, market access, and livelihoods for artisans and weavers. What is the name of this initiative?

[A]. Khadi and Village Industries Promotion Programme

[B]. National Handloom and Handicrafts Development Mission

[C]. Mahatma Gandhi Gram Swaraj Initiative

[D]. National Livelihoods Mission – Artisan Cluster Component

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[5]. Recently, the Finance Minister announced SHE-Mart, a platform to promote women entrepreneurship. Which of the following best describes the core objective of SHE-Mart?

[A]. Providing short-term microcredit to women SHGs

[B]. Creating community-owned retail outlets for women entrepreneurs

[C]. Promoting women-only digital payment platforms

[D]. Offering tax exemptions to women-led MSMEs

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