SF Prep

KPSC (Karnataka) Current Affairs Quiz — All time

Daily news by your exam, state and topic — each with a short summary, key facts and MCQs.

7 days 1 month 3 months 6 months 12 months All
4498 news · 10771 MCQs
Score: 0 / 0 attempted · 63 questions
Department of Fertilizers holds Chintan Shivir on balanced fertilizer use
Q1 Advanced

The Department of Fertilizers' Chintan Shivir held in New Delhi on 3 January 2026 focused mainly on:

Show answer

Correct answer: B — Balanced fertilizer use and sustainable agriculture

PIB (Department of Fertilizers): the Chintan Shivir focused on balanced fertilizer use and sustainable agriculture, along with timely availability and soil health.

Q2 Advanced

Where was the Department of Fertilizers' one-day Chintan Shivir held on 3 January 2026?

Show answer

Correct answer: B — National Agricultural Science Complex, New Delhi

PIB (Department of Fertilizers): the one-day camp was held at the National Agricultural Science Complex, New Delhi, where 15 groups deliberated on 15 key topics.

ECI invites citizens' suggestions on the ECINet app till 10 January
Q3 Advanced

According to ECI (January 2026), within how much time after the close of polls does the ECINet app enable publication of Index Cards?

Show answer

Correct answer: D — 72 hours

PIB (ECI): the trial versions of ECINet enable publication of Index Cards within 72 hours of the close of polls.

Q4 Advanced

Consider the following statements about ECINet as described by the Election Commission in January 2026: 1. It was tried out during the Bihar Assembly Elections 2025. 2. Citizens could submit suggestions through the app until 10 January 2026. 3. It had already been officially launched in 2024. Which of the statements given above is/are correct?

Show answer

Correct answer: A — 1 and 2 only

PIB (ECI): ECINet was tried in the Bihar Assembly Elections 2025 and suggestions were invited till 10 January 2026; the official launch was planned for January 2026, so statement 3 is wrong.

Government approves 22 proposals worth ₹41,863 crore in third tranche of ECMS
Q5

How many proposals were approved in the third tranche of the Electronics Component Manufacturing Scheme (ECMS) on 2 January 2026?

Show answer

Correct answer: C — 22

PIB (MeitY): 22 proposals were approved in the third tranche; 24 had been approved earlier, taking the total to 46.

Q6 Advanced

What is the projected investment of the 22 ECMS proposals approved in January 2026?

Show answer

Correct answer: B — ₹41,863 crore

PIB (MeitY): projected investment is ₹41,863 crore; ₹2,58,152 crore is projected production and ₹12,704 crore was the earlier tranche.

Q7 Advanced

Consider the following statements about the third tranche of ECMS approvals (January 2026): 1. The approved products include anode material, a critical item for lithium-ion cells. 2. The approved units are spread across eight states. 3. The approvals cover only bare components and no sub-assemblies. Which of the statements given above is/are correct?

Show answer

Correct answer: A — 1 and 2 only

PIB (MeitY): anode material is among the supply-chain items, and the units are in eight states. Three sub-assemblies (camera module, display module, optical transceiver) were also approved, so statement 3 is wrong.

Export Promotion Mission rolls out interest subvention and collateral guarantee for MSME exporters
Q8 Advanced

Under the NIRYAT PROTSAHAN intervention launched in January 2026, what is the base interest subvention on pre- and post-shipment rupee export credit?

Show answer

Correct answer: A — 2.75%

PIB (Commerce): a base interest subvention of 2.75% is provided, with additional incentive for exports to notified under-represented or emerging markets.

Q9 Advanced

With which institution is the collateral guarantee support for MSME export credit under the Export Promotion Mission being introduced?

Show answer

Correct answer: A — CGTMSE

PIB (Commerce): the collateral guarantee support is being introduced in partnership with the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE).

Q10 Advanced

Consider the following statements about the Export Promotion Mission: 1. It was approved by the Union Cabinet on 12 November 2025 with an outlay of ₹25,060 crore. 2. Its two sub-schemes are NIRYAT PROTSAHAN and NIRYAT DISHA. 3. It is implemented by the Department of Commerce alone. Which of the statements given above is/are correct?

Show answer

Correct answer: B — 1 and 2 only

PIB (Commerce): the Mission was approved on 12 November 2025 with ₹25,060 crore and has two sub-schemes, NIRYAT PROTSAHAN and NIRYAT DISHA. It is jointly implemented by the Department of Commerce, Ministry of MSME and Ministry of Finance, so statement 3 is wrong.

PRAGATI has reviewed 3,300+ projects worth ₹85 lakh crore, says Cabinet Secretary
Q11 Advanced

According to the Cabinet Secretary's briefing on 2 January 2026, which was the single biggest cause of issues raised under PRAGATI?

Show answer

Correct answer: D — Land acquisition

Indian Express and The Hindu: land acquisition accounted for 35% of issues, forest/wildlife/environment 20% and right of use/way 18%.

Q12

What does the acronym PRAGATI, the project-review mechanism chaired by the Prime Minister, stand for?

Show answer

Correct answer: A — Pro-Active Governance and Timely Implementation

PIB (Cabinet Secretariat): PRAGATI stands for Pro-Active Governance and Timely Implementation, chaired by the Prime Minister.

Q13 Advanced

Consider the following statements based on the Cabinet Secretary's PRAGATI briefing of 2 January 2026: 1. PRAGATI has reviewed over 3,300 projects worth more than ₹85 lakh crore. 2. Of 7,735 issues raised, 7,156 have been resolved. 3. The government announced plans to amend the land acquisition law. Which of the statements given above is/are correct?

Show answer

Correct answer: C — 1 and 2 only

Indian Express and The Hindu: over 3,300 projects worth ₹85 lakh crore reviewed; 7,156 of 7,735 issues resolved. The Cabinet Secretary said there was no plan to change the land acquisition law, so statement 3 is wrong.

J. P. Nadda releases Indian Pharmacopoeia 2026, the 10th edition
Q14

Indian Pharmacopoeia 2026, released on 2 January 2026, is which edition of India's official book of drug standards?

Show answer

Correct answer: D — 10th

PIB (Health): IP 2026 is the 10th edition of India's official book of drug standards.

Q15 Advanced

Which new category of monographs has been included for the first time in Indian Pharmacopoeia 2026?

Show answer

Correct answer: A — Blood component monographs for transfusion medicine

PIB (Health): IP 2026 includes, for the first time, 20 blood component monographs pertaining to transfusion medicine.

Q16 Advanced

Consider the following statements about the Indian Pharmacopoeia (IP): 1. IP is published by the Indian Pharmacopoeia Commission to fulfil the requirements of the Drugs and Cosmetics Act, 1940. 2. IP is recognised in 19 countries of the Global South. 3. India ranked 8th in 2025 in contributions to the WHO pharmacovigilance database, up from 123rd in 2009–2014. Which of the statements given above is/are correct?

Show answer

Correct answer: C — 1, 2 and 3

PIB (Health): IP is published by the IPC under the Drugs and Cosmetics Act, 1940; it is recognised in 19 Global South countries; and India rose from 123rd (2009–2014) to 8th (2025). All three are correct.

NHAI's Raajmarg Infra Investment Trust gets AAA (Stable) rating from CARE
Q17 Advanced

Raajmarg Infra Investment Trust (RIIT), which received a AAA (Stable) rating from CARE Ratings in January 2026, is sponsored by:

Show answer

Correct answer: A — NHAI

PIB (MoRTH): RIIT is an NHAI-sponsored Infrastructure Investment Trust.

Q18 Advanced

According to the Road Transport Ministry (January 2026), NHAI has so far monetised road assets worth about:

Show answer

Correct answer: B — ₹1.43 lakh crore

PIB (MoRTH): to date, NHAI has successfully monetised road assets of around ₹1.43 lakh crore.

Captive and commercial coal mines produce 19.48 MT in December 2025
Q19 Advanced

What was the coal production from captive and commercial mines in December 2025, as reported by the Ministry of Coal?

Show answer

Correct answer: C — 19.48 million tonnes

PIB (Coal): production stood at 19.48 MT in December 2025; 18.02 MT was the dispatch and 54.14 MT the Q3 production.

Deadline for new applications under PLI Scheme for Textiles extended to 31 March 2026
Q20

Which segments are the focus of the PLI Scheme for Textiles, whose application deadline was extended to 31 March 2026?

Show answer

Correct answer: C — MMF apparel, MMF fabrics and technical textiles

PIB (Textiles): proposals have been submitted in priority areas including MMF apparel, MMF fabrics and technical textiles.

NHAI discontinues KYV for new car FASTags issued from 1 February 2026
Q21

From which date has NHAI discontinued the Know Your Vehicle (KYV) process for new car FASTags?

Show answer

Correct answer: C — 1 February 2026

PIB (MoRTH): NHAI discontinued KYV for cars for all new FASTag issuances with effect from 1 February 2026.

Q22 Advanced

Under NHAI's revised FASTag norms announced in January 2026, vehicle details must be validated against which database before activation?

Show answer

Correct answer: B — VAHAN

PIB (MoRTH): FASTag activation is permitted only after validation of vehicle details from the VAHAN database.

PFRDA allows banks to set up NPS pension funds; Dinesh Kumar Khara to chair NPS Trust
Q23

Who has been designated Chairperson of the NPS Trust Board by PFRDA, as announced in January 2026?

Show answer

Correct answer: C — Dinesh Kumar Khara

PIB (Finance): Dinesh Kumar Khara, former Chairman of SBI, has been appointed a trustee and designated Chairperson of the NPS Trust Board.

Q24 Advanced

Consider the following statements about the PFRDA reforms announced in January 2026: 1. Scheduled Commercial Banks may independently set up pension funds to manage NPS, under an in-principle framework. 2. The revised Investment Management Fee for pension funds applies from 1 April 2026. 3. Three new trustees were appointed to the NPS Trust Board. Which of the statements given above is/are correct?

Show answer

Correct answer: B — 1, 2 and 3

PIB (Finance): the board approved in principle a framework for banks to set up pension funds; the revised IMF applies from 1 April 2026; and three new trustees were appointed. All three are correct.

President Murmu launches #SkillTheNation AI Challenge; opens IGNOU centre at Rairangpur virtually
Q25

The #SkillTheNation Challenge launched by President Droupadi Murmu on 1 January 2026 is part of which initiative?

Show answer

Correct answer: A — SOAR (Skilling for AI Readiness)

PIB (President's Secretariat): the President launched the #SkilltheNation challenge under the SOAR (Skilling for AI Readiness) initiative of MSDE.

Q26 Advanced

Where is the IGNOU Regional Centre and Skill Centre that President Murmu inaugurated virtually on 1 January 2026?

Show answer

Correct answer: C — Rairangpur, Odisha

PIB (President's Secretariat): the President virtually inaugurated the IGNOU Regional Centre and Skill Centre at Rairangpur, Odisha.

Q27 Advanced

Consider the following statements about the SOAR initiative: 1. It is a flagship programme of the Ministry of Skill Development and Entrepreneurship. 2. It was launched in July 2025. 3. Its courses are offered on the Skill India Digital Hub. Which of the statements given above is/are correct?

Show answer

Correct answer: D — 1, 2 and 3

PIB (MSDE): SOAR – Skilling for AI Readiness is MSDE's flagship programme launched in July 2025, and the President urged citizens to enrol in the SOAR course on the Skill India Digital Hub (SIDH). All three are correct.

DRDO marks 68th Foundation Day; record ₹1.30 lakh crore of AoNs for DRDO systems in 2025
Q28 Advanced

According to DRDO on its 68th Foundation Day, what was the approximate value of Acceptances of Necessity accorded in 2025 for DRDO-developed systems?

Show answer

Correct answer: D — ₹1.30 lakh crore

PIB (MoD): 22 AoNs worth approximately ₹1.30 lakh crore were accorded in 2025, the highest in any single year; ₹26,000 crore was the value of 11 contracts signed.

Q29

'Anant Shastra', mentioned by DRDO in January 2026 among systems accorded AoN, is the name of which system?

Show answer

Correct answer: A — Quick Reaction Surface to Air Missile System

PIB (MoD): the AoNs include the Quick Reaction Surface to Air Missile System 'Anant Shastra'.

Q30 Advanced

Who is the Chairman of DRDO and Secretary, Department of Defence R&D, who addressed DRDO staff on its 68th Foundation Day?

Show answer

Correct answer: A — Dr Samir V. Kamat

PIB (MoD): Secretary, Department of Defence R&D and Chairman DRDO Dr Samir V. Kamat addressed DRDO staff.

Air Marshal Nagesh Kapoor takes over as Vice Chief of the Air Staff
Q31

Who took charge as Vice Chief of the Air Staff, Indian Air Force, on 1 January 2026?

Show answer

Correct answer: C — Air Marshal Nagesh Kapoor

PIB (MoD): Air Marshal Nagesh Kapoor took charge as Vice Chief of the Air Staff on 1 January 2026.

Q32 Advanced

Which IAF command did Air Marshal Seethepalli Shrinivas take over as AOC-in-C on 1 January 2026?

Show answer

Correct answer: A — Training Command

PIB (MoD): Air Marshal Seethepalli Shrinivas took over as AOC-in-C, Training Command; Air Marshal Tejinder Singh took over South Western Air Command.

Q33 Advanced

Consider the following statements about Air Marshal Nagesh Kapoor, who became Vice Chief of the Air Staff in January 2026: 1. He served as Defence Attaché to Pakistan. 2. Immediately before this, he was AOC-in-C, South Western Air Command. 3. He was commissioned in the transport stream of the IAF. Which of the statements given above is/are correct?

Show answer

Correct answer: B — 1 and 2 only

PIB (MoD): Kapoor was Defence Attaché to Pakistan and served as AOC-in-C Training Command and thereafter South Western Air Command before becoming VCAS. He was commissioned in the fighter stream, so statement 3 is wrong.

MoSPI unveils new logo and mascot 'Sankhyiki'
Q34

What is the name of the new mascot unveiled by MoSPI on 1 January 2026?

Show answer

Correct answer: C — Sankhyiki

PIB (MoSPI): MoSPI introduced its new mascot 'सांख्यिकी' (Sankhyiki), and its logo carries the message 'Data for Development'.

Q35 Advanced

What message does the new MoSPI logo, unveiled on 1 January 2026, carry?

Show answer

Correct answer: D — Data for Development

PIB (MoSPI): inspired by India's heritage and modern statistical science, the logo carries the Ministry's message of 'Data for Development'.

Department of Fertilizers launches fully digital integrated fertilizer subsidy claim process
Q36 Advanced

The integrated digital fertilizer subsidy claim process launched in January 2026 links the Department of Fertilizers' iFMS with which system?

Show answer

Correct answer: B — PFMS of the Controller General of Accounts

PIB (Department of Fertilizers): the initiative is a partnership between iFMS of the Department of Fertilizers and PFMS of the Controller General of Accounts, Ministry of Finance.

BSNL launches Voice over WiFi calling nationwide
Q37 Advanced

BSNL's Voice over WiFi (VoWiFi) service, rolled out nationwide on 1 January 2026, is based on which network architecture?

Show answer

Correct answer: A — IMS (IP Multimedia Subsystem)

PIB (Communications): VoWiFi is an IMS-based service supporting seamless handovers between Wi-Fi and mobile networks, without third-party apps.

MCA replaces annual director KYC with a simpler filing once every three years
Q38 Advanced

Under the amendment announced by the Ministry of Corporate Affairs in January 2026, how often will company directors now need to file KYC?

Show answer

Correct answer: D — Once every three years

PIB (MCA): the annual KYC filing requirement has been replaced with a simpler KYC intimation once in every three years.

India's broadband subscriber base crosses 1 billion
Q39

India's broadband subscriber base crossed which milestone in November 2025?

Show answer

Correct answer: B — 1 billion

PIB (Communications): the broadband subscriber base crossed the 1 billion (100 crore) mark in November 2025, reaching 100.37 crore.

Q40 Advanced

By how much has India's broadband subscriber base grown between November 2015 and November 2025?

Show answer

Correct answer: C — More than six times

PIB (Communications): the base grew from 13.15 crore in November 2015 to 100.37 crore in November 2025 — more than six times.

DRDO conducts salvo launch of two Pralay missiles off Odisha coast
Q41 Advanced

Pralay, of which DRDO conducted a salvo launch on 31 December 2025, is best described as a:

Show answer

Correct answer: B — Solid-propellant quasi-ballistic missile

PIB (MoD): Pralay is an indigenously developed solid propellant quasi-ballistic missile capable of carrying multiple types of warheads.

Q42

Which DRDO laboratory led the development of the Pralay missile?

Show answer

Correct answer: A — Research Centre Imarat, Hyderabad

PIB (MoD): Pralay has been developed by Research Centre Imarat, Hyderabad, in collaboration with other DRDO laboratories such as DRDL, ASL and ARDE.

Q43 Advanced

Consider the following statements about the Pralay salvo test of 31 December 2025: 1. Two missiles were launched in quick succession from the same launcher. 2. The test was part of user evaluation trials. 3. Tracking was done by the Integrated Test Range, Chandipur. Which of the statements given above is/are correct?

Show answer

Correct answer: D — 1, 2 and 3

PIB (MoD): two Pralay missiles were launched in quick succession from the same launcher as part of user evaluation trials, and their trajectories were confirmed by sensors of ITR Chandipur. All three are correct.

PM Modi chairs 50th PRAGATI meeting; reviews five projects worth over ₹40,000 crore
Q44 Advanced

PRAGATI, whose 50th meeting PM Modi chaired on 31 December 2025, was built on the experience of which platform he launched as Gujarat Chief Minister?

Show answer

Correct answer: C — SWAGAT

PIB (PMO): the PM recalled that as Gujarat Chief Minister he launched the SWAGAT platform (State Wide Attention on Grievances by Application of Technology), which he later expanded nationally through PRAGATI.

Q45

In the 50th PRAGATI meeting on 31 December 2025, the PM reviewed five infrastructure projects with a cumulative cost of more than:

Show answer

Correct answer: A — ₹40,000 crore

PIB (PMO): the PM reviewed five critical infrastructure projects spanning five states with a cumulative cost of more than ₹40,000 crore.

Q46 Advanced

Consider the following statements about the 50th PRAGATI meeting (31 December 2025): 1. The PM's mantra for the next phase was 'Reform to Simplify, Perform to Deliver, Transform to Impact'. 2. Around 94% of issues identified in projects reviewed under PRAGATI since 2014 have been resolved. 3. The PM asked states to set up PRAGATI-like mechanisms, especially for the social sector, at the Chief Secretary level. Which of the statements given above is/are correct?

Show answer

Correct answer: D — 1, 2 and 3

PIB (PMO): the mantra was 'Reform to Simplify, Perform to Deliver, Transform to Impact'; 2,958 of 3,162 issues (about 94%) were resolved; and the PM encouraged states to institutionalise PRAGATI-like mechanisms for the social sector at Chief Secretary level. All three are correct.

Centre notifies commencement of select provisions of National Sports Governance Act, 2025 from 1 January 2026
Q47 Advanced

From which date did select provisions of the National Sports Governance Act, 2025 come into force, as notified on 31 December 2025?

Show answer

Correct answer: B — 1 January 2026

PIB (Sports): the Central Government appointed 1 January 2026 as the date for select provisions; the Act itself was notified in the Gazette on 18 August 2025.

Q48 Advanced

Consider the following statements about the National Sports Governance Act, 2025: 1. It was notified in the Official Gazette on 18 August 2025. 2. Its section 1(2) allows different dates to be appointed for different provisions. 3. The provisions brought into force from 1 January 2026 include the constitution of the National Sports Board. Which of the statements given above is/are correct?

Show answer

Correct answer: D — 1, 2 and 3

PIB (Sports): the Act was gazetted on 18 August 2025; section 1(2) permits different dates for different provisions; and the provisions in force from 1 January 2026 include the constitution of the National Sports Board. All three are correct.

MCA to open 3 new Regional Directorates and 6 new Registrars of Companies from 16 February 2026
Q49

How many new Regional Directorates and Registrar of Companies offices will the Ministry of Corporate Affairs open from 16 February 2026?

Show answer

Correct answer: B — 3 RDs and 6 RoCs

PIB (MCA): MCA will open 3 Regional Directorates and 6 Registrar of Companies offices with effect from 16 February 2026.

Government launches Market Access Support intervention under Export Promotion Mission
Q50 Advanced

Under which sub-scheme of the Export Promotion Mission is the Market Access Support intervention, launched on 31 December 2025, implemented?

Show answer

Correct answer: C — NIRYAT DISHA

PIB (Commerce): the MAS intervention is being implemented under the NIRYAT DISHA sub-scheme of the Export Promotion Mission.

Q51 Advanced

What minimum share of MSME participation has been mandated for events supported under the Market Access Support intervention?

Show answer

Correct answer: A — 35 per cent

PIB (Commerce): a minimum participation of 35 per cent MSMEs has been mandated for supported events.

Vande Bharat Sleeper completes CRS high-speed trial at 180 kmph on Kota–Nagda section
Q52 Advanced

On which railway section did the Vande Bharat Sleeper train reach 180 kmph during its final CRS high-speed trial (December 2025)?

Show answer

Correct answer: B — Kota–Nagda

PIB (Railways): the final CRS high-speed trial was conducted on the Kota–Nagda section, where the train reached 180 kmph.

Q53

The Vande Bharat Sleeper trial in December 2025 was conducted under the supervision of which authority?

Show answer

Correct answer: C — Commissioner of Railway Safety

PIB (Railways): the final high-speed trial was conducted under the supervision of the Commissioner of Railway Safety (CRS).

Foundation laid for ₹75 crore High Performance Centre at SAI NSSC Bengaluru
Q54 Advanced

Which company is providing ₹60 crore of CSR support for the High Performance Centre at SAI NSSC Bengaluru, whose foundation was laid in December 2025?

Show answer

Correct answer: D — Hindustan Aeronautics Limited

PIB (Sports): the ₹75 crore HPC will be developed with ₹60 crore in CSR support from Hindustan Aeronautics Limited (HAL).

PM E-DRIVE meets e-3W (L5) target of 2.88 lakh units ahead of time
Q55 Advanced

What is the outlay of the PM E-DRIVE scheme, whose e-3W (L5) target was achieved in December 2025?

Show answer

Correct answer: A — ₹10,900 crore

PIB (Heavy Industries): PM E-DRIVE was notified on 29 September 2024 with an outlay of ₹10,900 crore.

Q56

What is the estimated EV penetration in the e-3W (L5) segment, as stated by the Ministry of Heavy Industries in December 2025?

Show answer

Correct answer: B — About 32%

PIB (Heavy Industries): EV penetration within the e-3W (L5) segment is now estimated at ~32%.

Pariksha Pe Charcha 2026 crosses record 3 crore registrations
Q57

Registrations for Pariksha Pe Charcha 2026 crossed which record figure by 30 December 2025?

Show answer

Correct answer: D — 3 crore

PIB (Education): registrations crossed a historic milestone of over 3 crore from students, parents and teachers as of 30 December 2025.

Shivraj Singh Chouhan assures MGNREGA functionaries of continuity under VB-G RAM G Act
Q58

In his video-conference with MGNREGA functionaries on 30 December 2025 about the VB-G RAM G Act, Shivraj Singh Chouhan interacted with roughly how many functionaries?

Show answer

Correct answer: D — Over 2 lakh

PIB (Rural Development): more than 2 lakh MGNREGA functionaries joined from about 45,000 locations.

Q59 Advanced

The Viksit Bharat – Guarantee for Rozgar and Ajeevika Mission (Gramin) (VB-G RAM G) Act, 2025 replaces which law?

Show answer

Correct answer: B — Mahatma Gandhi National Rural Employment Guarantee Act, 2005

PIB (assent release, 21 December 2025): the Act replaces the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), 2005.

Q60 Advanced

Consider the following statements about the VB-G RAM G Act, 2025: 1. It guarantees not less than 125 days of wage employment per rural household in each financial year. 2. States may notify a pause period aggregating sixty days in a financial year to free labour for peak sowing and harvesting. 3. Its cost is shared 75:25 between the Centre and all States. Which of the statements given above is/are correct?

Show answer

Correct answer: A — 1 and 2 only

PIB (assent release): Section 5(1) guarantees at least 125 days and Section 6 allows a 60-day aggregate pause. Cost-sharing is 60:40, 90:10 for North Eastern and Himalayan States and 100% central for UTs without legislatures, so statement 3 is wrong.

Q61 Advanced

Under the VB-G RAM G Act, 2025, what is the Centre–State cost-sharing ratio for North Eastern and Himalayan States?

Show answer

Correct answer: C — 90:10

PIB (assent release): the cost-sharing pattern is 60:40 between Centre and States, 90:10 for North Eastern and Himalayan States, and 100% central funding for UTs without legislatures.

SMFCL, India's first maritime NBFC, begins lending with ₹4,300 crore of sanctions
Q62

Sagarmala Finance Corporation Limited (SMFCL) began lending at its 51st Board Meeting on 30 December 2025 by sanctioning loans of about:

Show answer

Correct answer: C — ₹4,300 crore

PIB (Ports, Shipping and Waterways): SMFCL approved loan sanctions of about ₹4,300 crore at its 51st Board Meeting on 30 December 2025. ₹8,000 crore is its FY26 lending target and ₹25,000 crore its borrowing limit.

Q63 Advanced

Consider the following statements about Sagarmala Finance Corporation Limited (SMFCL): 1. SMFCL is India's first maritime-focused Non-Banking Financial Company. 2. SMFCL is targeting a loan book of ₹8,000 crore in 2025-26. 3. The largest share of its first tranche of sanctions went to Goa Shipyard. Which of the statements given above is/are correct?

Show answer

Correct answer: B — 1 and 2 only

PIB: SMFCL is India's first maritime-focused NBFC and targets an ₹8,000 crore loan book in FY26. About ₹4,000 crore of the ₹4,300 crore went to a greenfield port project; Goa Shipyard got ₹110 crore, so statement 3 is wrong.