AWARDS & HONOURS
International Awards
Sunil Bharti Mittal Honoured with GSMA Lifetime Achievement Award
Sunil Bharti Mittal, Chairman of Bharti Enterprises, received the prestigious Lifetime Achievement Award from the GSMA at the Mobile World Congress in Barcelona.
The award recognizes his global leadership in the telecom industry and his role in expanding digital connectivity across India and Africa.
Mittal is the first Indian to be honored with this global recognition in the telecom sector.
Perspective: This award highlights India's emergence as a global telecom powerhouse and the success of indigenous business leaders on the world stage.
The award recognizes his global leadership in the telecom industry and his role in expanding digital connectivity across India and Africa.
Mittal is the first Indian to be honored with this global recognition in the telecom sector.
Perspective: This award highlights India's emergence as a global telecom powerhouse and the success of indigenous business leaders on the world stage.
Key Facts / Static GK
GSMA Headquarters: London, United Kingdom
GSMA Establishment: 1995
Mobile World Congress (MWC) Venue: Barcelona, Spain
Bharti Airtel Founder: Sunil Bharti Mittal
GSMA Establishment: 1995
Mobile World Congress (MWC) Venue: Barcelona, Spain
Bharti Airtel Founder: Sunil Bharti Mittal
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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