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Daily-mcqs 25 Jun 2026
Q1:
Consider the following statements regarding the provisions reportedly introduced by the Foreign Contribution (Regulation) Amendment Rules, 2026: How many of the statements given above are correct?
A: Only one
B: Only two
C: All three
D: None
Answer: C
Explanation:
The FCRA Amendment Rules 2026 significantly expand the scope of regulatory oversight for NGOs and entities receiving foreign funds in India. To ensure better monitoring:
Social Media Disclosure: Organizations are now mandated to declare their social media accounts during both the registration and renewal processes to map their digital footprint and activities.
Geographical Targeting: The rules move beyond a general registration process by requiring applicants to explicitly state the specific States or Union Territories where the foreign contributions will be utilized.
Stricter Penalties: To deter the misuse of foreign donations, the government has set strict penalties for FCRA violations—which include unauthorised use, excess administrative spending, or using funds in unapproved states. The penalty entails a fine of up to 30% of the diverted/misused amount or ₹1 lakh, whichever is higher. thus all three statements are correct.
Q2:
Consider the following statements regarding the Foreign Contribution Regulation Act (FCRA), 2010: Which of the statements given above are correct?
A: 1 and 2 only
B: 1,2 and 4 only
C: 1, 2 and 3 only
D: 1, 2, 3 and 4
Answer: B
Explanation:
Statement 1 is correct: The FCRA is enacted by Parliament and administered by the Ministry of Home Affairs (MHA). Its primary objective is to ensure that foreign contributions do not adversely affect India's sovereignty, internal security, or public interest.
Statement 2 is correct: To prevent foreign interference in Indian politics and governance, the FCRA prohibits specific individuals and groups from accepting foreign contributions. These include election candidates, journalists, media companies, judges, government servants, political parties, and politicians.
Statement 3 is incorrect: According to the FCRA framework, the interest accrued on foreign contributions deposited in a bank account is legally treated as a "foreign contribution." Therefore, it must be accounted for and utilized in the same manner as the principal foreign funds.
Statement 4 is correct: Under the FCRA, NGOs and associations intending to receive foreign funds must obtain registration or prior permission. This registration is initially valid for a period of five years and is subject to renewal based on compliance with all regulatory norms.
Q3:
With reference to the Index of Eight Core Industries (ICI), consider the following statements: 1. The Index of Eight Core Industries (ICI) includes sectors that collectively have a weight of about 40% in the Index of Industrial Production (IIP). 2. Petroleum refinery products have the highest weight among all core industries. 3. Electricity has a higher weight than steel in the ICI. Which of the statements given above is/are correct?
A: 1 and 2 only
B: 1 and 3 only
C: 2 and 3 only
D: 1, 2, and 3
Answer: D
Explanation:
Statement 1 is correct:
The eight core industries together account for around 40.27% weight in the IIP, making them a crucial leading indicator of industrial performance.
Statement 2 is correct:
Petroleum refinery products (28.04%) have the highest weight among all core sectors, reflecting India’s high dependence on energy and petroleum products.
Statement 3 is correct:
Electricity (19.85%) has a higher weight than steel (17.92%), making it the second-largest contributor in the index after petroleum refinery products.
Q4:
With reference to Foreign Direct Investment (FDI) in India, consider the following statements: 1. Under the Automatic Route, foreign investors are not required to obtain prior approval from the Government of India before investing. 2. FDI is governed under the Foreign Exchange Management Act (FEMA), 1999. 3. An investment of 10% or more in a listed Indian company is generally treated as FDI. 4. More than 90% of FDI inflows into India come through the Government Route. Which of the statements given above are correct?
A: 1 and 2 only
B: 1,3 and 4 only
C: 1, 2 and 3 only
D: 1, 2, 3 and 4
Answer: C
Explanation:
Statement 1: correct
Under the Automatic Route, foreign investors do not require prior government approval. They only need to comply with sectoral regulations and report the investment to RBI.
Statement 2: Correct
FDI in India is legally governed under the:
These provide the regulatory framework for foreign investments.
Statement 3: Correct
FDI generally refers to:
Statement 4: Incorrect
The statement reverses the actual position. More than 90% of FDI inflows enter through the Automatic Route, not the Government Route.
The Government Route requires prior approval and is applicable only to specified sectors.
Q5:
With reference to India’s ship recycling sector, consider the following statements: 1. India became the world’s largest ship recycling nation in 2025, accounting for over 35% of global ship recycling tonnage. 2. The Alang–Sosiya ship recycling yard is located in Gujarat and is the largest ship recycling hub in the world. 3. Ship recycling in India is governed under the Recycling of Ships Act, 2019, which aligns with the Hong Kong International Convention. Which of the statements given above is/are correct?
A: 1 and 2 only
B: 1 and 3 only
C: 2 and 3 only
D: 1, 2, and 3
Answer: D
Explanation:
Statement 1 is correct:
India emerged as the world’s top ship recycling nation in 2025, with a 35.4% global share and about 2.99 million GT of recycling volume. This reflects strong growth driven by global ageing fleets and scrapping demand.
Statement 2 is correct:
The Alang–Sosiya Ship Recycling Yard in Gujarat is indeed the largest ship recycling hub in the world, handling a major share of global dismantling activity. It has undergone continuous upgrades in safety and environmental compliance.
Statement 3 is correct:
India regulates ship recycling through the Recycling of Ships Act, 2019, which is aligned with the Hong Kong International Convention for Safe and Environmentally Sound Recycling of Ships (adopted by India in 2019).