STATE CURRENT AFFAIRS
State Schemes
President Launches 'Sashakt Nari, Samriddh Delhi' Welfare Suite
President Droupadi Murmu unveiled four major women-centric schemes in New Delhi aimed at enhancing safety, mobility, and financial status.
The 'Pink National Common Mobility Card' replaces pink tickets to offer free, digitally-tracked bus travel for women.
The 'Delhi Lakhpati Bitiya Yojana' provides an initial deposit of Rs 56,000 for newborn girls, maturing to over Rs 1 lakh with interest by age 21.
Other initiatives include a 'Free LPG Cylinders Scheme' (two per year during Holi and Diwali) and 'Meri Punji Mera Adhikaar' to clear pending financial dues for citizens.
Significance: These programs create a comprehensive support structure for low-income families, focusing on the long-term economic empowerment of girl children.
The 'Pink National Common Mobility Card' replaces pink tickets to offer free, digitally-tracked bus travel for women.
The 'Delhi Lakhpati Bitiya Yojana' provides an initial deposit of Rs 56,000 for newborn girls, maturing to over Rs 1 lakh with interest by age 21.
Other initiatives include a 'Free LPG Cylinders Scheme' (two per year during Holi and Diwali) and 'Meri Punji Mera Adhikaar' to clear pending financial dues for citizens.
Significance: These programs create a comprehensive support structure for low-income families, focusing on the long-term economic empowerment of girl children.
Key Facts / Static GK
Income limit for Delhi Lakhpati Bitiya Yojana: Annual family income up to Rs 1.20 lakh
Eligibility for Lakhpati Bitiya Yojana: Limited to two living girl children per family
Delhi LG: Vinai Kumar Saxena
National Common Mobility Card (NCMC) concept: One Nation, One Card
Eligibility for Lakhpati Bitiya Yojana: Limited to two living girl children per family
Delhi LG: Vinai Kumar Saxena
National Common Mobility Card (NCMC) concept: One Nation, One Card
Practice Quiz — 5 March 2026
Q1. Which of the following statements regarding the new Risk-Based Premium (RBP) framework is incorrect?
Answer: (C) The framework introduces a uniform risk-based incentive of 50% for all high-performing banks. — Statement C is incorrect because the maximum risk-based incentive is capped at 33.33%, not 50%. Additionally, a vintage incentive of up to 25% is provided for long-term distress-free contributions.
Q2. Under the new SEBI framework, what is the revised minimum equity allocation required for Dividend Yield and Value funds?
Answer: (D) 80% — SEBI has increased the minimum equity allocation for Dividend Yield Funds, Value Funds, and Contra Funds to 80%, compared to the earlier requirement of 65%.
Q3. What is the primary objective of the Bilateral Swap Arrangement (BSA) between India and Japan?
Answer: (B) To provide a financial safety net and enhance bilateral financial cooperation. — The BSA is a two-way currency swap framework designed to strengthen financial safety nets, promote regional/global stability, and enhance bilateral financial cooperation by allowing local currency exchange for US Dollars during liquidity stress.
Q4. The LKR 3 billion Blue Bond issued by DFCC Bank Plc will primarily fund which of the following activities?
Answer: (B) Sustainable fisheries and marine conservation projects. — Blue Bonds are specialized financial instruments designed to fund marine conservation, sustainable fisheries, ocean-based economic development, and clean water projects.
Q5. Regarding the Delhi Lakhpati Bitiya Yojana, which of the following eligibility criteria is mentioned?
Answer: (D) The benefit is limited to a maximum of two living girl children per family. — According to the scheme details, it is limited to two living girl children per family. Other criteria include an income limit of Rs 1.20 lakh, being born in Delhi, and a minimum of three years of residence in Delhi.
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