1st April 2026 Current Affairs MCQ Quiz

Accounting for about 71% of the total potential, solar energy leads the pack by a huge margin. It's central to our 'Panchamrit' goals announced at COP26, reflecting the massive shift toward tapping the sun's abundant radiation across the subcontinent.

Investment has skyrocketed from Rs 1,688 crore to over Rs 10,000 crore in just four years. This boost shows that financial institutions are prioritizing sustainable ventures, largely driven by the 'Green Taxonomy' frameworks currently being explored by our banking regulators.

MeitY manages this scheme to reduce our reliance on imported tech components, boosting local production. It's a crucial piece of the 'Digital India' strategy that also aims to attract global manufacturers under the broader PLI framework.

Purchasers of eligible models costing up to Rs 1.5 lakh can benefit from this financial aid processed via the VAHAN portal. The government introduced this initiative to fast-track e-mobility under the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) lineage.

Anuvadini is an incredible tool meant to break linguistic barriers in our technical and research fields. It operates under the Ministry of Education, proving that local language accessibility is just as important as the research itself in our 'Viksit Bharat' journey.

Focusing on the MRO (Maintenance, Repair and Overhaul) sector, this degree program aims to create a ready-to-work workforce. It's designed to align with strict global CAR-66 safety standards, which every serious aviation student must eventually clear to become a licensed engineer.

LRDE is the backbone of India's radar tech, and this contract highlights our 'Aatmanirbhar Bharat' success in strategic electronics. Mountain warfare requires unique sensors, and these systems are essential for maintaining a dominant edge along our challenging high-altitude frontiers.

Given the logistical hurdles developers face, this extension gives everyone breathing room to complete their solar projects. It's a vital scheme because it helps farmers pivot to green energy, effectively reducing their dependence on traditional power grids under the Solar Mission targets.

Public Provident Fund remains a long-term favorite for retail investors due to its EEE (Exempt-Exempt-Exempt) tax status. It’s governed by the Public Provident Fund Act, 1968, ensuring a secure, sovereign-backed return for families looking for steady wealth creation.

Capping these loans at Rs 25 lakh prevents excessive speculation and manages systemic risk within the banking sector. The RBI constantly tweaks these norms to ensure our capital markets don't get overheated by leverage-driven trading.

Transitioning to Ind AS is a major move toward global accounting transparency for our insurance giants. This reform ensures that local insurers align with international reporting standards, which ultimately helps them raise capital more easily from global markets.

Financial transparency is non-negotiable for banks in India. The penalty was levied under the Banking Regulation Act, 1949, which gives the RBI sweeping powers to ensure every entity operating under their license keeps their reporting books perfectly in order.

Part of the advanced Project 17A, this vessel marks another win for India’s domestic warship production. We're scaling up our naval fleet rapidly, and ships like these are critical for ensuring maritime security in the Indian Ocean region.

He was a very respected figure who bridged the cultural gap between the large Indian diaspora in Suriname and their ancestral home. Winning the Pravasi Bharatiya Samman reflects the deep bond he maintained with our country until his passing.

Bridging the gap between scientific research and government action is exactly what this collaboration intends to do. It’s an exciting step because translating complex scientific data into public-friendly policies helps move society forward at a grassroots level.

This scheme is designed to directly put cash in the hands of women to boost their economic independence. It’s part of a broader trend of DBT (Direct Benefit Transfer) schemes that utilize Aadhaar-linked accounts to minimize leakages and maximize impact for vulnerable households.

Coming into existence on April 1, 2021, the new entity consolidated resources to better handle the growing need for high-quality science communication. It falls under the umbrella of the Ministry of Science and Technology, which is vital for communicating our scientific breakthroughs to the common public.

RBI’s authority is robust when it comes to regulating banks, even non-traditional ones like payments banks. The specific clauses cited deal with financial disclosure, showing that the central bank remains vigilant even when it comes to fintech firms handling large volumes of transactions.

Known for its simplicity, the KVP is a popular choice for those looking for a fixed, safe instrument that doesn't have an upper investment limit. It’s worth noting that while interest is competitive, it's subject to periodic revisions by the Ministry of Finance.