[1]. Recently, the Reserve Bank of India issued revised directions between banks and Non-bank Financial Companies under various provisions of the Banking Regulation Act (1949), Reserve Bank of India Act (1934), and National Housing Bank Act (1987) to improve risk sharing and transparency. What does CLA stand for in this context?

[A]. Credit Line Agreement

[B]. Co-lending Arrangement

[C]. Corporate Lending Association

[D]. Collateral Lending Agreement

Show Answer

[2]. Recently, the World Meteorological Organization certified a record for the longest single lightning flash of 829 kilometres in the United States in 2017, extending from eastern Texas to near Kansas City. In meteorology, what is lightning?

[A]. A giant spark of electricity caused by large buildup of opposite charges

[B]. A sudden burst of sunlight caused by cloud dispersion

[C]. A high-pressure wind movement in the upper atmosphere

[D]. A shockwave created by volcanic eruptions

Show Answer

[3]. Recently, the Monetary Policy Committee of the Reserve Bank of India in its August 2025 meeting kept the repo rate unchanged at 5.5%, maintaining a neutral stance. Who serves as the Chairperson of the Monetary Policy Committee?

[A]. Finance Minister of India

[B]. Governor of the Reserve Bank of India

[C]. Deputy Governor of the Reserve Bank of India

[D]. Chief Economic Adviser to the Government of India

Show Answer

[4]. Recently, the Prime Minister dedicated Kartavya Bhawan to the nation, a building designed to meet GRiHA-4 green building standards. In this context, what does GRiHA stand for?

[A]. Green Rating for Integrated Habitat Assessment

[B]. Green Regulation for Infrastructure and Housing Accreditation

[C]. Global Recognition for Innovative Habitat Architecture

[D]. Green Rating for Indian Habitat Advancement

Show Answer

[5]. Recently, the Reserve Bank of India introduced a Systematic Investment Plan and an auto-bidding facility for Treasury Bills on its Retail Direct platform to boost retail participation. What are Treasury Bills?

[A]. Long-term bonds issued by private corporations

[B]. Short-term debt instruments issued by the government

[C]. Certificates of deposit issued by commercial banks

[D]. Equity shares issued by public sector enterprises

Show Answer