In a major push toward clean energy and industrial decarbonisation, the Government of Maharashtra has signed Memorandums of Understanding totaling 6.5 lakh crore Rupees with prominent energy developers.
The state has partnered with NTPC Limited, Adani Power, Reliance Industries, and Lalitpur Power Generation Company to bring a combined capacity of 25,400 Megawatts online.
Reliance Industries is set to deploy Bharat Small Reactors and Small Modular Reactors (SMRs) at Purnagad, representing a planned generation footprint of 7,200 Megawatts.
Lalitpur Power Generation Company (part of the Bajaj Group) will invest 2 lakh crore Rupees to build a massive 5,000 MW nuclear facility, while Adani Power will develop 6,000 MW at Barsu.
This historic development demonstrates the growing commercial viability of smaller, modular nuclear technologies (SMRs) at the state level to meet aggressive net-zero emissions targets.
Key Facts / Static GK
Governor of Maharashtra: C. P. Radhakrishnan
Chief Minister of Maharashtra: Eknath Shinde
SMR: Small Modular Reactor
Practice Quiz — 26 May 2026
Q1. Under the newly issued RBI device lock rules for financed devices, what is the penalty rate per hour that a lender must pay the borrower if they fail to restore phone features within one hour of clearing the outstanding dues?
Answer: (D) 250 Rupees per hour — Once a borrower clears the outstanding dues, the restricted features must be restored within 1 hour. If the lender fails to unblock the phone within this hour, they must compensate the borrower at a rate of 250 Rupees per hour until the issue is resolved.
Q2. With reference to the RBI's FY26 surplus transfer, which of the following statements is/are correct? (1) The Contingent Risk Buffer was maintained at the upper boundary of 7.5 percent of the total balance sheet. (2) The transfer of surplus profits is legally mandated under Section 47 of the RBI Act, 1934.
Answer: (B) Only 2 — Statement 1 is incorrect because the Contingent Risk Buffer was maintained at 6.5 percent (not 7.5 percent) of the balance sheet size. Statement 2 is correct because Section 47 of the RBI Act, 1934, legally defines and mandates the transfer of surplus profits to the Central Government.
Q3. What is the total financial budget allocated for the implementation of the Bharat Audyogik Vikas Yojana (BHAVYA) Scheme over its six-year operational timeline?
Answer: (C) 33,660 crore Rupees — The BHAVYA Scheme, designed to set up 100 world-class plug-and-play industrial parks across India, has been allocated a total financial outlay of 33,660 crore Rupees to be implemented over six years (2026-27 to 2031-32).
Q4. According to the World Cities Report 2026, what was the estimated homelessness rate per 10,000 people recorded for India, United States, and China respectively?
Answer: (A) India: 13, US: 20, China: 21 — The World Cities Report 2026 noted that homelessness remains a major global concern, with rates per 10,000 people standing at 13 in India, 20 in the United States, and 21 in China.
Q5. What is the exact name of the new 10 billion dollar crisis relief facility launched by the Asian Infrastructure Investment Bank (AIIB) in May 2026?
Answer: (B) Energy, Food Security and Economic Resilience Facility (EFSERF) — In May 2026, the Asian Infrastructure Investment Bank (AIIB) officially launched the 'Energy, Food Security and Economic Resilience Facility (EFSERF)' with an outlay of up to 10 billion US dollars over two years to support member nations impacted by the economic effects of conflicts in the Middle East.
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