Find the current affairs quiz 6 July 2026 by Exam Charcha.
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Current Affairs Quiz – 6 July 2026 (Test Now)
1. The ASPIRE Scheme was launched by the Ministry of MSME in:
A) 2012
B) 2013
C) 2015
D) 2017
Show Answer
Correct Answer : C) 2015
2. ASPIRE stands for:
A) A Scheme for Promoting Innovation, Rural Industry and Entrepreneurship
B) A Scheme for Promotion of Innovation, Rural Industry and Entrepreneurship
C) Advancement Scheme for Promoting Incubation, Rural Innovation and Entrepreneurship
D) A Scheme for Promoting Integrated Rural Entrepreneurship
Show Answer
Correct Answer: B) A Scheme for Promotion of Innovation, Rural Industry and Entrepreneurship
3. The core component of the ASPIRE Scheme is:
A) Technology Business Incubators (TBIs)
B) Rural Startup Funds (RSFs)
C) Livelihood Business Incubators (LBIs)
D) Agri-Innovation Clusters (AICs)
Show Answer
Correct Answer: C) Livelihood Business Incubators (LBIs)
4. The ASPIRE Fund, which provides indirect equity support to startups through AIFs, has a corpus of:
A) ₹100 crore
B) ₹200 crore
C) ₹310 crore
D) ₹500 crore
Show Answer
Correct Answer: C) ₹310 crore
5. The ASPIRE Fund is managed by:
A) NABARD
B) SIDBI
C) MUDRA Bank
D) NSDC
Show Answer
Correct Answer: B) SIDBI
6. Under ASPIRE, a startup may receive seed capital assistance of up to:
A) ₹5 lakh
B) ₹10 lakh
C) ₹20 lakh
D) ₹50 lakh
Show Answer
Correct Answer: C) ₹20 lakh
7. Achieving the Viksit Bharat 2047 vision is estimated to require investments of nearly:
A) ₹85 lakh crore
B) ₹125 lakh crore
C) ₹185 lakh crore
D) ₹250 lakh crore
Show Answer
Correct Answer: C) ₹185 lakh crore
8. Under the PPP 2.2 framework, ‘Capital Recycling’ involves using which existing mechanisms?
A) Special Purpose Vehicles (SPVs) and PPP concession agreements
B) InvITs and the Toll–Operate–Transfer (TOT) model
C) NABARD Rural Infrastructure Bonds and State Development Loans
D) Sovereign Green Bonds and Municipal Bonds
Show Answer
Correct Answer: B) InvITs and the Toll–Operate–Transfer (TOT) model
9. The ‘Dynamic Loan Repricing’ pillar of PPP 2.2 proposes revising loan interest rates downward once projects become operational because:
A) Construction risk diminishes, reducing the overall risk profile
B) Government guarantees automatically kick in post-construction
C) RBI mandates lower rates for infrastructure projects after 5 years
D) Foreign investors require lower rates for long-tenor bonds
Show Answer
Correct Answer: A) Construction risk diminishes, reducing the overall risk profile
10. The Asset-Liability Mismatch problem in infrastructure financing arises because commercial banks primarily mobilise short-term deposits while infrastructure projects need financing over:
A) 5–10 years
B) 10–15 years
C) 20–30 years
D) 40–50 years
Show Answer
Correct Answer: C) 20–30 years
11. PPP 2.2 proposes mobilising global long-term capital by targeting a share of an estimated how much managed by global long-term investment institutions?
A) US$50 trillion
B) US$80 trillion
C) US$110 trillion
D) US$150 trillion
Show Answer
Correct Answer: C) US$110 trillion
12. The Directorate of Revenue Intelligence (DRI) was established in:
A) 1947
B) 1950
C) 1957
D) 1962
Show Answer
Correct Answer: C) 1957
13. DRI functions under:
A) Ministry of Home Affairs
B) Central Board of Indirect Taxes and Customs (CBIC), Department of Revenue
C) Ministry of External Affairs
D) National Investigation Agency (NIA)
Show Answer
Correct Answer: B) Central Board of Indirect Taxes and Customs (CBIC), Department of Revenue
14. DRI derives its enforcement powers primarily from:
A) Prevention of Money Laundering Act, 2002
B) Narcotic Drugs and Psychotropic Substances Act, 1985
C) Customs Act, 1962
D) Foreign Exchange Management Act, 1999
Show Answer
Correct Answer: C) Customs Act, 1962
15. The DRI serves as the nodal agency for which inter-agency intelligence coordination mechanism?
A) COIN (Customs Overseas Intelligence Network)
B) S-CORD (Smuggling in India Coordination Centre)
C) NATGRID
D) MAC (Multi Agency Centre)
Show Answer
Correct Answer: B) S-CORD (Smuggling in India Coordination Centre)
16. The Customs Overseas Intelligence Network (COIN), operated by DRI, is intended to:
A) Deploy DRI officers in Indian embassies abroad
B) Exchange customs intelligence with foreign counterparts for cross-border investigations
C) Monitor cryptocurrency transactions for customs duty evasion
D) Coordinate with Interpol on narcotics smuggling only
Show Answer
Correct Answer: B) Ex change customs intelligence with foreign counterparts for cross border investigations
17. The National Green Hydrogen Mission (NGHM) was launched in:
A) 2021
B) 2022
C) 2023
D) 2024
Show Answer
Correct Answer: C) 2023
18. Under NGHM’s targets for 2030, India aims to produce at least how many million metric tonnes of green hydrogen annually?
A) 1 MMT
B) 3 MMT
C) 5 MMT
D) 10 MMT
Show Answer
Correct Answer: C) 5 MMT
19. GAGAN was jointly developed by ISRO and:
A) Ministry of Civil Aviation
B) Airports Authority of India (AAI)
C) Directorate General of Civil Aviation (DGCA)
D) National Disaster Management Authority (NDMA)
Show Answer
Correct Answer: B) Airports Authority of India (AAI)
20. GAGAN is historically significant as the first Satellite-Based Augmentation System certified for use in which geographical zone?
A) Polar region
B) Temperate region
C) Equatorial region
D) Sub-Arctic region
Show Answer
Correct Answer: C) Equatorial region
21. Green hydrogen currently costs approximately how much per kilogram, compared to grey hydrogen at US$1.5–2/kg?
A) US$2.5/kg
B) US$3/kg
C) US$4/kg
D) US$6/kg
Show Answer
Correct Answer: C) US$4/kg
22. Electrolysis requires approximately how much purified water to produce one kilogram of green hydrogen?
A) 3 litres
B) 6 litres
C) 9 litres
D) 12 litres
Show Answer
Correct Answer: C) 9 litres
23. . India’s sovereign credit ratings from Fitch and Moody’s place it at the:
A) Mid-investment grade
B) Lowest investment-grade category
C) Upper speculative grade
D) Two notches above investment grade
Show Answer
Correct Answer: B) Lowest investment-grade category
24. The ‘issuer-pays model’ in credit rating agencies creates a potential concern because:
A) Governments may refuse to pay for ratings, leading to unsolicited assessments
B) The entity seeking the rating bears the cost, potentially compromising rating
independence
C) Small companies cannot afford to get rated, creating market distortions
D) Ratings are only valid for one year under this model
Show Answer
Correct Answer: B) The entity seeking the rating bears the cost, potentially compromising rating independence
25. The ‘Sovereign Ceiling Effect’ means that a low sovereign credit rating:
A) Prevents the government from issuing bonds in international markets
B) Restricts domestic companies’ ability to obtain higher ratings than the sovereign
C) Automatically triggers IMF intervention in the domestic bond market
D) Disqualifies the country from World Bank lending
Show Answer
Correct Answer: B) Restricts domestic companies’ ability to obtain higher ratings than the sovereign
26. India’s interest payments consume approximately what percentage of the Central Government’s revenue receipts?
A) 20%
B) 30%
C) 40%
D) 50%
Show Answer
Correct Answer: C) 40%
27. Credit rating agencies in India are regulated under:
A) RBI (Credit Rating Agencies) Guidelines, 2004
B) SEBI (Credit Rating Agencies) Regulations, 1999
C) Companies Act, 2013
D) IRDA (Rating Agencies) Rules, 2005
Show Answer
Correct Answer: B) SEBI (Credit Rating Agencies) Regulations, 1999
28. Under CERT-In Cyber Security Directions, 2022, commercial VPN providers must retain subscriber information for:
A) 90 days
B) 1 year
C) 3 years
D) 5 years
Show Answer
Correct Answer: D) 5 years
29. Under the existing regulatory framework, VPN providers must report specified cybersecurity incidents to CERT-In within:
A) 2 hours
B) 6 hours
C) 24 hours
D) 72 hours
Show Answer
Correct Answer: B) 6 hours
30. ICT system logs must be preserved by VPN providers for:
A) 90 days
B) 120 days
C) 180 days
D) 365 days
Show Answer
Correct Answer: C) 180 days
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