The Uttar Pradesh government has signed a ₹200 crore Memorandum of Understanding (MoU) with RAILONE GmbH, a German railway infrastructure firm.
The partnership focuses on the modernization and strengthening of the state's railway network through technology transfer.
The collaboration aims to adopt global best practices in railway construction and sustainable infrastructure development.
Significance: This MoU is a step toward integrating advanced European engineering standards into India's regional rail logistics and infrastructure.
Q1. Which index will serve as the base for the new derivatives approved by SEBI for the Bombay Stock Exchange in March 2026?
Answer: (C) Sensex Next 30 — SEBI has approved BSE to launch derivative contracts specifically on the Sensex Next 30 index, which tracks the next 30 largest and most liquid companies in the BSE 100 that are not in the Sensex 30.
Q2. Who has been appointed as the Brand Ambassador for SBI General Insurance's 'Chuniye Bharosa, Apno Sa' campaign?
Answer: (B) Pankaj Tripathi — As part of the 'Chuniye Bharosa, Apno Sa' campaign, SBI General Insurance appointed actor Pankaj Tripathi as its Brand Ambassador to strengthen brand recall and trust.
Q3. Regarding the 'YES Essence Women’s Salary Account', which of the following statements is/are correct?
I. It offers a ₹5 lakh top-up health cover.
II. It provides 5% cashback on the Elegance Debit Card up to ₹10,000 annually.
III. The minimum age for eligibility is 18 years.
Answer: (D) Only I and III — Statements I and III are correct. Statement II is incorrect because the cashback limit is ₹6,000 annually, not ₹10,000.
Q4. From which date has IRDAI proposed the mandatory adoption of Indian Accounting Standards (Ind AS) for all insurers?
Answer: (C) April 1, 2026 — IRDAI has proposed that all categories of insurers in India adopt Indian Accounting Standards (Ind AS) effective from April 1, 2026.
Q5. What regulatory change by SEBI in December 2025 facilitated EPFO's investment in the Raajmarg Infra InvIT (RIIT) IPO?
Answer: (B) Inclusion of Pension and Provident funds as strategic investors — In December 2025, SEBI expanded the definition of 'strategic investors' to include Pension funds and Provident funds, which enabled EPFO to participate as a strategic investor in the RIIT issue.
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