Current Affairs - Part 7 (50 Questions)

Question 1 of 50 Marks: 2.0

Negative: 0.25

The Digital Blueprint aims to strengthen India's position as:

A cash-only economy An import-dependent economy A technology-enabled investment destination A closed economy

Question 2 of 50 Marks: 2.0

Negative: 0.25

Till September 2025, how many corporate debtors had been rescued under the IBC?

4,865 3,265 3,865 2,865

Question 3 of 50 Marks: 2.0

Negative: 0.25

Under the revised prosecution framework, the maximum simple imprisonment is:

One year Two years Six months Five years

Question 4 of 50 Marks: 2.0

Negative: 0.25

Digital transformation contributes to business growth mainly by:

Restricting innovation Increasing procedural delays Simplifying regulatory compliance Reducing internet access

Question 5 of 50 Marks: 2.0

Negative: 0.25

Technology-driven governance mainly improves:

Administrative efficiency Investor confidence All of the above Public trust

Question 6 of 50 Marks: 2.0

Negative: 0.25

Digital governance helps businesses primarily by:

Increasing licensing fees Simplifying interactions with government agencies Increasing compliance burden Eliminating private enterprises

Question 7 of 50 Marks: 2.0

Negative: 0.25

During FY 2025–26 (up to 31 January 2026), approximately how many helpdesk tickets were raised on MCA21?

2,16,877 3,16,877 5,16,877 4,16,877

Question 8 of 50 Marks: 2.0

Negative: 0.25

The Jan Vishwas reforms reflect the Government's commitment to which governance philosophy?

Cooperative Federalism Minimum Government, Maximum Governance Vocal for Local Sabka Saath, Sabka Vikas

Question 9 of 50 Marks: 2.0

Negative: 0.25

The primary objective of the Insolvency and Bankruptcy Code (IBC) is:

Promoting exports Nationalising private companies Rescuing corporate debtors in distress Increasing corporate taxation

Question 10 of 50 Marks: 2.0

Negative: 0.25

According to the PIB document, Udyam registrations have supported approximately:

23.97 crore jobs 38.97 crore jobs 33.97 crore jobs 28.97 crore jobs

Question 11 of 50 Marks: 2.0

Negative: 0.25

The Jan Vishwas (Amendment of Provisions) Act, 2023 amended provisions across how many Acts?

35 50 42 28

Question 12 of 50 Marks: 2.0

Negative: 0.25

Digital reforms primarily encourage:

Entrepreneurship Investment Innovation All of the above

Question 13 of 50 Marks: 2.0

Negative: 0.25

Digital public services are designed to promote:

All of the above Efficiency Accountability Transparency

Question 14 of 50 Marks: 2.0

Negative: 0.25

Digital systems improve governance primarily through:

Real-time monitoring Automation Online service delivery All of the above

Question 15 of 50 Marks: 2.0

Negative: 0.25

One important benefit of digital integration is:

Higher compliance burden Slower approvals Increased paperwork Better coordination among government departments

Question 16 of 50 Marks: 2.0

Negative: 0.25

A major outcome of digital reforms is:

Increased procedural complexity Reduced accessibility Reduced efficiency Increased transparency

Question 17 of 50 Marks: 2.0

Negative: 0.25

MCA21 Version 3 has been providing end-to-end registry and incorporation-related services since:

2010 2014 2004 2006

Question 18 of 50 Marks: 2.0

Negative: 0.25

Updated income tax returns are permitted even after reassessment with an additional tax of:

5% 10% 15% 8%

Question 19 of 50 Marks: 2.0

Negative: 0.25

Which offence has been decriminalised under the rationalisation measures?

Money laundering Production of counterfeit currency Smuggling Non-production of books and TDS on payments in kind

Question 20 of 50 Marks: 2.0

Negative: 0.25

The Jan Vishwas (Amendment of Provisions) Act, 2023 decriminalised how many provisions?

288 183 150 120

Question 21 of 50 Marks: 2.0

Negative: 0.25

The remaining provisions in the Jan Vishwas Bill, 2025 primarily aim to improve:

Capital markets Ease of Living Digital payments Export promotion

Question 22 of 50 Marks: 2.0

Negative: 0.25

Which of the following is NOT a feature of MCA21 Version 3?

e-Adjudication Compliance Management System e-Scrutiny Manual file verification

Question 23 of 50 Marks: 2.0

Negative: 0.25

Which of the following is a major advantage of digital platforms for businesses?

All of the above Faster approvals Reduced processing time Better service delivery

Question 24 of 50 Marks: 2.0

Negative: 0.25

Which of the following best describes India's digital reform strategy?

Manual inspections only Technology-enabled governance with simplified compliance Paper-based administration Offline licensing system

Question 25 of 50 Marks: 2.0

Negative: 0.25

The Jan Vishwas (Amendment of Provisions) Bill, 2025 comprises how many provisions?

255 300 400 355

Question 26 of 50 Marks: 2.0

Negative: 0.25

The Udyam Registration Portal is primarily meant for:

Banks MSMEs Farmers Universities

Question 27 of 50 Marks: 2.0

Negative: 0.25

The long-term vision behind India's digital governance reforms is to:

Restrict digital innovation Increase manual compliance Reduce internet penetration Build a competitive, transparent and digitally empowered economy

Question 28 of 50 Marks: 2.0

Negative: 0.25

The Government's customs reform strategy is primarily based on:

Manual documentation Trust-based customs systems State-wise customs licensing Physical verification of every consignment

Question 29 of 50 Marks: 2.0

Negative: 0.25

As of 12 February 2026, the Udyam Portal had facilitated over:

6.71 crore registrations 7.71 crore registrations 8.71 crore registrations 5.71 crore registrations

Question 30 of 50 Marks: 2.0

Negative: 0.25

The primary objective of India's Digital Blueprint for Ease of Doing Business is to:

Restrict digital services Build a transparent, technology-driven and efficient business ecosystem Replace all State Governments Increase paperwork in governance

Question 31 of 50 Marks: 2.0

Negative: 0.25

Which statement best reflects the Digital Blueprint?

Digital governance replaces economic reforms. Digital governance increases regulatory burden. Digital governance strengthens transparency and efficiency. Digital governance discourages businesses.

Question 32 of 50 Marks: 2.0

Negative: 0.25

MCA21 ensures information security by complying with:

ISO 14001 ISO 27001 ISO 9001 ISO 45001

Question 33 of 50 Marks: 2.0

Negative: 0.25

Which principle is central to India's digital governance reforms?

Digital-first governance Paper-first governance Manual approvals Physical documentation

Question 34 of 50 Marks: 2.0

Negative: 0.25

Out of the 355 provisions in the Jan Vishwas Bill, 2025, how many are proposed for decriminalisation?

288 183 250 355

Question 35 of 50 Marks: 2.0

Negative: 0.25

Approximately what percentage of MCA21 helpdesk tickets were successfully resolved?

94% 100% 90% 98%

Question 36 of 50 Marks: 2.0

Negative: 0.25

The primary objective of SEBI's recent regulatory reforms is to:

Increase compliance burden Simplify regulations and improve transparency Restrict market participation Increase litigation

Question 37 of 50 Marks: 2.0

Negative: 0.25

Technical penalties under the new framework have largely been converted into:

Criminal prosecution Community service Fees Licence suspension

Question 38 of 50 Marks: 2.0

Negative: 0.25

Retrospective immunity for non-disclosure of foreign assets below ₹20 lakh is effective from:

1 January 2025 1 October 2024 1 April 2024 1 July 2024

Question 39 of 50 Marks: 2.0

Negative: 0.25

Digital governance primarily improves Ease of Doing Business by:

Reducing physical interface between citizens and government Increasing manual verification Increasing paperwork Eliminating online services

Question 40 of 50 Marks: 2.0

Negative: 0.25

Which type of ecosystem does the Digital Blueprint seek to create?

Closed administrative ecosystem Manual governance ecosystem Licence-based ecosystem Technology-enabled business ecosystem

Question 41 of 50 Marks: 2.0

Negative: 0.25

Integrated assessment and penalty orders provide relief by reducing the mandatory pre-deposit from:

15% to 5% 20% to 10% 30% to 20% 25% to 15%

Question 42 of 50 Marks: 2.0

Negative: 0.25

Out of the rescued corporate debtors, how many were resolved through approved resolution plans?

1,100 1,500 1,700 1,300

Question 43 of 50 Marks: 2.0

Negative: 0.25

Which of the following is a key feature of digital governance?

Technology-enabled public services Manual record keeping Paper-based approvals Offline-only applications

Question 44 of 50 Marks: 2.0

Negative: 0.25

Which of the following is NOT a characteristic of digital governance?

Transparency Accountability Speed Manual file movement

Question 45 of 50 Marks: 2.0

Negative: 0.25

The combined objective of the regulatory reforms discussed in this section is to:

Reduce regulatory friction while preserving accountability Restrict foreign investment Increase procedural complexity Reduce transparency

Question 46 of 50 Marks: 2.0

Negative: 0.25

Immunity from penalty and prosecution has been extended from underreporting to:

Tax avoidance Misreporting Transfer pricing GST evasion

Question 47 of 50 Marks: 2.0

Negative: 0.25

The Insolvency and Bankruptcy Code (IBC) was enacted in:

2015 2017 2014 2016

Question 48 of 50 Marks: 2.0

Negative: 0.25

The Udyam Registration Portal integrates directly with:

SEBI and IRDAI CBDT and GSTN NPCI and NABARD UIDAI and RBI

Question 49 of 50 Marks: 2.0

Negative: 0.25

Digital governance contributes directly to:

Ease of Doing Business Better public service delivery Ease of Living All of the above

Question 50 of 50 Marks: 2.0

Negative: 0.25

Approximately how many filings were made on MCA21 during 2021–2025?

5.84 crore 2.84 crore 3.84 crore 4.84 crore

Current Affairs - Part 7 (50 Questions)

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