{"id":8108,"date":"2026-02-09T16:56:05","date_gmt":"2026-02-09T16:56:05","guid":{"rendered":"https:\/\/mehnatt.com\/?p=8108"},"modified":"2026-02-09T16:56:06","modified_gmt":"2026-02-09T16:56:06","slug":"mcqs-on-current-affairs-01-02-2026","status":"publish","type":"post","link":"https:\/\/mehnatt.com\/?p=8108","title":{"rendered":"MCQs on Current Affairs 01.02.2026"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">Q1. The proposed Regional Medical Hubs under the Union Budget aim to achieve which of the following objectives?<\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li style=\"font-size:17px\">Promote India as a global destination for Medical Value Tourism<\/li>\n\n\n\n<li style=\"font-size:17px\">Integrate medical services with education and research<\/li>\n\n\n\n<li style=\"font-size:17px\">Generate employment for healthcare professionals<\/li>\n\n\n\n<li style=\"font-size:17px\">Provide exclusively AYUSH-based healthcare services<\/li>\n<\/ol>\n\n\n\n<p style=\"font-size:18px\"><strong>Select the correct answer using the code given below:<\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li style=\"font-size:17px\">1, 2 and 3 only<\/li>\n\n\n\n<li style=\"font-size:17px\">1 and 4 only<\/li>\n\n\n\n<li style=\"font-size:17px\">2 and 3 only<\/li>\n\n\n\n<li style=\"font-size:17px\">1, 2, 3 and 4<\/li>\n<\/ol>\n\n\n\n<button class=\"acc\">View Answer<\/button>\n<div class=\"pnl\">\n  <p style=\"padding-top:5px;color:#27302a;font-size:1.2rem;\"><b>Correct Option:<\/b> 1. 1, 2 and 3 only <br\/>\n<strong>Explanation:<\/strong> <br\/> &bull; The Regional Medical Hubs are intended to position India as a preferred destination for Medical Value Tourism (Statement 1 is correct).<br\/> &bull; \n\nThese hubs are envisioned as integrated healthcare complexes, combining medical services, education and research under one umbrella (Statement 2 is correct).<br\/> &bull; \n\nThe hubs are also expected to create diverse employment opportunities for doctors and Allied Health Professionals (Statement 3 is correct).<br\/> &bull; \n\nHowever, the hubs are not exclusively AYUSH-based; they include AYUSH Centres along with modern medical services and advanced infrastructure (Statement 4 is incorrect).\n\n<\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Q2. With reference to the initiatives announced for strengthening the AYUSH sector, consider the following statements:<\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li style=\"font-size:17px\">The Union Budget proposes the establishment of three new All India Institutes of Ayurveda.<\/li>\n\n\n\n<li style=\"font-size:17px\">Upgradation of AYUSH Drug Testing Laboratories aims to improve quality standards and certification.<\/li>\n\n\n\n<li style=\"font-size:17px\">The WHO Global Traditional Medicine Centre at Jamnagar focuses on clinical service delivery alone.<\/li>\n<\/ol>\n\n\n\n<p style=\"font-size:18px\"><strong>Which of the statements given above are correct?<\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li style=\"font-size:17px\">1 and 2 only<\/li>\n\n\n\n<li style=\"font-size:17px\">1 and 3 only<\/li>\n\n\n\n<li style=\"font-size:17px\">2 and 3 only<\/li>\n\n\n\n<li style=\"font-size:17px\">1, 2 and 3<\/li>\n<\/ol>\n\n\n\n<button class=\"acc\">View Answer<\/button>\n<div class=\"pnl\">\n  <p style=\"padding-top:5px;color:#27302a;font-size:1.2rem;\"><b>Correct Option:<\/b> 1. 1 and 2 only <br\/>\n<strong>Explanation:<\/strong> <br\/> &bull; The Budget announcement includes setting up three new All India Institutes of Ayurveda to expand education, clinical care and research (Statement 1 is correct).<br\/> &bull; \n\nUpgradation of AYUSH pharmacies and Drug Testing Laboratories is aimed at ensuring higher standards of quality, certification, and skilled manpower (Statement 2 is correct).<br\/> &bull; \n\nThe WHO Global Traditional Medicine Centre, Jamnagar, is intended to strengthen evidence-based research, training and global awareness, not merely clinical service delivery (Statement 3 is incorrect).\n\n<\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Q3. \u2018SHE-Mart\u2019, as announced in the Union Budget, primarily aims to:<\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li style=\"font-size:17px\">Provide credit support to urban women startups<\/li>\n\n\n\n<li style=\"font-size:17px\">Establish community-owned retail outlets for SHG products<\/li>\n\n\n\n<li style=\"font-size:17px\">Promote export of women-led MSMEs<\/li>\n\n\n\n<li style=\"font-size:17px\">Replace existing rural haats<\/li>\n<\/ol>\n\n\n\n<button class=\"acc\">View Answer<\/button>\n<div class=\"pnl\">\n  <p style=\"padding-top:5px;color:#27302a;font-size:1.2rem;\"><b>Correct Option:<\/b> 2. Establish community-owned retail outlets for SHG products <br\/>\n<strong>Explanation:<\/strong> <br\/> \u2018SHE-Mart\u2019 will create community-owned retail outlets in every district to provide market access to products made by Self-Help Groups and rural women, enabling their transition from subsistence livelihoods to entrepreneurship.\n\n<\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Q4. Under the 16th Finance Commission, direct transfers to panchayats amount to:<\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li style=\"font-size:17px\">\u20b935,000 crore<\/li>\n\n\n\n<li style=\"font-size:17px\">\u20b945,500 crore<\/li>\n\n\n\n<li style=\"font-size:17px\">\u20b955,900 crore<\/li>\n\n\n\n<li style=\"font-size:17px\">\u20b975,000 crore<\/li>\n<\/ol>\n\n\n\n<button class=\"acc\">View Answer<\/button>\n<div class=\"pnl\">\n  <p style=\"padding-top:5px;color:#27302a;font-size:1.2rem;\"><b>Correct Option:<\/b> 2. \u20b955,900 crore <br\/>\n<strong>Explanation:<\/strong> <br\/> More than \u20b955,900 crore will be transferred directly to panchayats, nearly doubling direct transfers compared to the earlier five-year period.p.\n\n<\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Q5. Which of the following are initiatives announced in Union Budget 2026\u201327 to strengthen India\u2019s export competitiveness in manufacturing?<\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li style=\"font-size:17px\">Biopharma SHAKTI<\/li>\n\n\n\n<li style=\"font-size:17px\">India Semiconductor Mission 2.0<\/li>\n\n\n\n<li style=\"font-size:17px\">Development of Rare Earth Corridors<\/li>\n\n\n\n<li style=\"font-size:17px\">Tax holidays for domestic IT companies only<\/li>\n<\/ol>\n\n\n\n<p style=\"font-size:18px\"><strong>Select the correct answer:<\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li style=\"font-size:17px\">1, 2 and 3 only<\/li>\n\n\n\n<li style=\"font-size:17px\">1 and 4 only<\/li>\n\n\n\n<li style=\"font-size:17px\">2, 3 and 4 only<\/li>\n\n\n\n<li style=\"font-size:17px\">1, 2, 3 and 4<\/li>\n<\/ol>\n\n\n\n<button class=\"acc\">View Answer<\/button>\n<div class=\"pnl\">\n  <p style=\"padding-top:5px;color:#27302a;font-size:1.2rem;\"><b>Correct Option:<\/b> 1. 1, 2 and 3 only <br\/>\n<strong>Explanation:<\/strong> <br\/> &bull; Statement 1 is correct: Biopharma SHAKTI is a flagship initiative to boost domestic pharmaceutical manufacturing.<br\/> &bull; \n\nStatement 2 is correct: India Semiconductor Mission 2.0 aims to scale semiconductor manufacturing and reduce import dependence.<br\/> &bull; \n\nStatement 3 is correct: Rare Earth Corridors are being developed to support strategic material production for high-tech manufacturing.<br\/> &bull; \n\nStatement 4 is incorrect: Tax holidays mentioned in the Budget relate to foreign companies providing global cloud services through India-based data centres, not domestic IT companies.\n\n<\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Q6. With reference to trade facilitation and MSME support in the Union Budget 2026\u201327, which of the following statements are correct?<\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li style=\"font-size:17px\">Electronic sealing of export cargo and automated customs processes will reduce transaction costs and improve predictability.<\/li>\n\n\n\n<li style=\"font-size:17px\">MSMEs will benefit from a \u20b910,000 crore SME Growth Fund and enhanced credit guarantee mechanisms.<\/li>\n\n\n\n<li style=\"font-size:17px\">Removal of value caps on courier exports will only apply to domestic shipments.<\/li>\n<\/ol>\n\n\n\n<p style=\"font-size:18px\"><strong>Select the correct answer:<\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li style=\"font-size:17px\">1 and 2 only<\/li>\n\n\n\n<li style=\"font-size:17px\">2 and 3 only<\/li>\n\n\n\n<li style=\"font-size:17px\">1 and 3 only<\/li>\n\n\n\n<li style=\"font-size:17px\">1, 2 and 3<\/li>\n<\/ol>\n\n\n\n<button class=\"acc\">View Answer<\/button>\n<div class=\"pnl\">\n  <p style=\"padding-top:5px;color:#27302a;font-size:1.2rem;\"><b>Correct Option:<\/b> 1. 1 and 2 only <br\/>\n<strong>Explanation:<\/strong> <br\/> &bull; Statement 1 is correct: The Budget proposes electronic sealing, automated customs processes, trusted supply-chain recognition, and other reforms to reduce logistics costs and improve ease of doing business.<br\/> &bull; \n\nStatement 2 is correct: MSMEs are supported through a \u20b910,000 crore SME Growth Fund, integration of GeM with TReDS, mandatory TReDS usage by CPSEs, and enhanced credit guarantee mechanisms to improve financing and scalability.<br\/> &bull; \n\nStatement 3 is incorrect: The removal of the \u20b910 lakh value cap on courier exports applies to cross-border shipments, not just domestic ones, enabling small exporters and e-commerce-led trade globally.\n\n<\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Q7. Which of the following best describes the <strong>tax incentive announced for AI and cloud data centres<\/strong> in the Union Budget FY 2026\u201327?<\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li style=\"font-size:17px\">A 10-year tax holiday for all domestic data centre companies<\/li>\n\n\n\n<li style=\"font-size:17px\">A tax holiday till 2047 for foreign cloud service providers using Indian data centres to serve global customers<\/li>\n\n\n\n<li style=\"font-size:17px\">A reduced GST rate for AI data centre hardware imports<\/li>\n\n\n\n<li style=\"font-size:17px\">A production-linked incentive for AI software companies<\/li>\n<\/ol>\n\n\n\n<button class=\"acc\">View Answer<\/button>\n<div class=\"pnl\">\n  <p style=\"padding-top:5px;color:#27302a;font-size:1.2rem;\"><b>Correct Option:<\/b> 2. A tax holiday till 2047 for foreign cloud service providers using Indian data centres to serve global customers <br\/>\n<strong>Explanation:<\/strong> <br\/> &bull; The Budget proposes a tax holiday till 2047 specifically for foreign companies providing cloud services globally using data centre services located in India.<br\/> &bull; \n\nThe incentive is designed to attract long-term foreign investment into India\u2019s AI and cloud infrastructure.<br\/> &bull; \n\nOption 1 is incorrect because the incentive is not limited to domestic companies and is not for a fixed 10-year period.<br\/> &bull; \n\nOption 3 is incorrect as it does not mention GST reductions on hardware imports.<br\/> &bull; \n\nOption 4 is incorrect because the incentive targets infrastructure (data centres), not AI software development.\n\n<\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Q8. What is the <strong>primary focus of the India Semiconductor Mission (ISM) 2.0<\/strong> as announced in the Union Budget FY 2026\u201327?<\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li style=\"font-size:17px\">Setting up only semiconductor fabrication (fabs) in India<\/li>\n\n\n\n<li style=\"font-size:17px\">Expanding consumer electronics assembly units<\/li>\n\n\n\n<li style=\"font-size:17px\">Developing the entire semiconductor ecosystem including equipment, materials, design, and talent<\/li>\n\n\n\n<li style=\"font-size:17px\">Providing export subsidies to semiconductor manufacturers<\/li>\n<\/ol>\n\n\n\n<button class=\"acc\">View Answer<\/button>\n<div class=\"pnl\">\n  <p style=\"padding-top:5px;color:#27302a;font-size:1.2rem;\"><b>Correct Option:<\/b> 3. Developing the entire semiconductor ecosystem including equipment, materials, design, and talent. <br\/>\n<strong>Explanation:<\/strong> <br\/> ISM 2.0 aims to broaden India\u2019s semiconductor capabilities beyond fabrication, focusing on:<br\/> &bull; \n\nSemiconductor equipment manufacturing<br\/> &bull; \n\nMaterials used in chip production<br\/> &bull; \n\nA large design ecosystem<br\/> &bull; \n\nTalent development<br\/> \n\nOption 1 is incorrect because ISM 2.0 is not limited to fabs.<br\/>\n\nOption 2 is incorrect as consumer electronics assembly is covered under other schemes like ECMS.<br\/>\n\nOption 4 is incorrect because the article does not mention export subsidies.\n\n<\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Q9. Which of the following correctly matches the <strong>\u201cThree Kartavyas\u201d<\/strong> outlined in the Union Budget 2026\u201327?<\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li style=\"font-size:17px\">Growth \u2013 Welfare \u2013 Fiscal Consolidation<\/li>\n\n\n\n<li style=\"font-size:17px\">Growth &amp; Competitiveness \u2013 Capacity Building of People \u2013 Inclusive Access to Resources<\/li>\n\n\n\n<li style=\"font-size:17px\">Infrastructure \u2013 Manufacturing \u2013 Digital Governance<\/li>\n\n\n\n<li style=\"font-size:17px\">Sabka Vishwas \u2013 Sabka Prayas \u2013 Sabka Vikas<\/li>\n<\/ol>\n\n\n\n<button class=\"acc\">View Answer<\/button>\n<div class=\"pnl\">\n  <p style=\"padding-top:5px;color:#27302a;font-size:1.2rem;\"><b>Correct Option:<\/b> 2. Growth &#038; Competitiveness \u2013 Capacity Building of People \u2013 Inclusive Access to Resources <br\/>\n<strong>Explanation:<\/strong> <br\/> The Budget explicitly states three Kartavyas:<br\/>\n\n1. Accelerate and sustain economic growth by improving productivity, competitiveness, and resilience.<br\/>\n\n2. Fulfil aspirations and build capacity of people, making them partners in growth.<br\/>\n\n3. Inclusive development aligned with Sabka Saath, Sabka Vikas, ensuring access to resources and opportunities.<br\/>\n\nOption A and C oversimplify and do not reflect the official articulation.<br\/>\n\nOption D uses popular governance phrases but not the Budget\u2019s Kartavya framework.\n\n<\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n","protected":false},"excerpt":{"rendered":"<p>Q1. The proposed Regional Medical Hubs under the Union Budget aim to achieve which of the following objectives? Select the correct answer using the code given below: View Answer Correct Option: 1. 1, 2 and 3 only Explanation: &bull; The Regional Medical Hubs are intended to position India as a preferred destination for Medical Value [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[18],"tags":[1889,1890,1892,1888,222,21,22,1882,1891,31,1887,221,20,1893],"class_list":["post-8108","post","type-post","status-publish","format-standard","hentry","category-current-affairs","tag-she-mart-2","tag-16th-finance-commission","tag-ai-and-cloud-data-centres","tag-ayush-sector","tag-bank-exams","tag-competitive-exams","tag-current-affairs","tag-india-semiconductor-mission-ism-2-0","tag-indias-export-competitiveness","tag-mcq","tag-regional-medical-hubs","tag-rrb-exams","tag-ssc-cgl","tag-three-kartavyas"],"_links":{"self":[{"href":"https:\/\/mehnatt.com\/index.php?rest_route=\/wp\/v2\/posts\/8108","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mehnatt.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mehnatt.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mehnatt.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mehnatt.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8108"}],"version-history":[{"count":13,"href":"https:\/\/mehnatt.com\/index.php?rest_route=\/wp\/v2\/posts\/8108\/revisions"}],"predecessor-version":[{"id":8127,"href":"https:\/\/mehnatt.com\/index.php?rest_route=\/wp\/v2\/posts\/8108\/revisions\/8127"}],"wp:attachment":[{"href":"https:\/\/mehnatt.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mehnatt.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mehnatt.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}