UPSC · current affairs quiz
Daily news quiz · 11 October 2026
Prelims-style MCQs from the 11 October 2026 daily news summary. Choose an option to see if you are right — two questions on each topic.
Consider the following statements regarding the Liquidity Adjustment Facility (LAF) corridor of the Reserve Bank of India:1.The Standing Deposit Facility (SDF) allows liquidity absorption without requiring the RBI to provide collateral government securities.2.The Marginal Standing Facility (MSF) rate is pegged below the policy Repo rate, while the SDF is pegged above it.Which of the statements given above is/are correct?
With reference to the monetary policy tools of the Reserve Bank of India, what is the primary role of the Weighted Average Call Rate (WACR)?
Consider the following statements regarding the Reserve Bank of India's foreign exchange interventions:1.Direct foreign exchange intervention by the RBI alters net foreign exchange assets without immediate open market operations.2.Public sector oil marketing companies are exclusively regulated and managed directly by the Ministry of Finance rather than acting as independent commercial enterprises.Which of the statements given above is/are correct?
In the context of financial markets, what does the 'Spot Exchange Market' primarily refer to?
Consider the following statements regarding the Central Water Commission (CWC):1.The CWC monitors weekly live storage of major reservoirs across designated zones in India.2.The Central Water Commission functions under the Ministry of Environment, Forest and Climate Change (MoEFCC).Which of the statements given above is/are correct?
Which of the following correctly defines 'Live Storage' in the context of reservoir management?
Consider the following statements regarding the Anti-Hijacking Act, 2016:1.The Anti-Hijacking Act, 2016 provides for the death penalty in cases where hijacking causes death.2.The statute is administered and enforced globally under the direct administrative supervision of the Ministry of Rural Development.Which of the statements given above is/are correct?
What is the primary objective of the Beijing Protocol of 2010 in international aviation law?