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📅 Date: February 1, 2026
❓ 15 Questions

1. As per the Union Budget 2026, which four coastal states have been identified for India’s Rare Earth Corridors?

Gujarat, Maharashtra, Goa, Karnataka
Andhra Pradesh, Tamil Nadu, Odisha, Gujarat
Kerala, Karnataka, Goa, Maharashtra
West Bengal, Odisha, Andhra Pradesh, Tamil Nadu

2. India is shifting its fiscal anchor from Fiscal Deficit to which other metric?

Current Account Deficit
Inflation Rate
Debt-to-GDP Ratio
Balance of Trade

3. The India-EU Trade Agreement is significant for which of the following reasons?

It aims to boost economic ties and market access for both sides.
It primarily focuses on cultural exchange programs.
It seeks to establish a common military alliance.
It is solely for facilitating tourism between India and the EU.

4. What was the approximate revenue and expenditure mentioned for India’s first budget?

Spend: 171 crore, Earn: 197 crore
Spend: 197 crore, Earn: 171 crore
Spend: 171 crore, Earn: 171 crore
Earn: 171 crore, Spend: 197 crore

5. What major announcement was made regarding rare earth corridors in the Union Budget 2026?

Four coastal states were identified for rare earth corridors.
A new ministry for rare earth development was established.
India decided to ban rare earth exports.
A significant increase in rare earth import duties was announced.

6. Which international organization is India currently engaged in trade agreement discussions with, as highlighted in recent news?

ASEAN
European Union (EU)
BRICS
SAARC

7. The shift from Fiscal Deficit to Debt-to-GDP Ratio as a fiscal anchor signifies a move towards?

Increased government spending without concern for debt.
A focus solely on short-term economic gains.
A greater emphasis on long-term fiscal sustainability and debt management.
Reduced government intervention in the economy.

8. On which date does India celebrate its Coast Guard Day?

January 26th
January 30th
February 2nd
February 1st

9. The Union Budget 2026 is expected to have key highlights and big announcements across various sectors. Which of the following is NOT explicitly mentioned as a focus area in the provided news snippets related to the budget?

Agricultural reforms
Rare Earth Corridors
Fiscal Management
Coastal Development

10. The IBPS RRB Clerk Mains Exam 2026 included questions on General Awareness (GA). What does this imply about the importance of current affairs?

GA is a minor section with minimal weightage.
Only static GK questions are asked.
Current events and their implications are crucial for exam preparation.
GA questions are limited to national politics only.

11. What is the primary goal of the India–EU Trade Agreement?

To enhance economic partnership and trade facilitation.
To collaborate on space exploration missions.
To set up joint military exercises.
To promote educational exchanges only.

12. The news snippets mention “Weekly One Liners” from January 26th to February 1st, 2026. This type of compilation is typically useful for:

In-depth analysis of economic policies.
Quick revision of significant daily events.
Historical research of past decades.
Understanding complex scientific theories.

13. The discussion on “Shifting the Fiscal Anchor” implies a potential change in how India measures its:

Export performance
Foreign direct investment
Fiscal health and government debt management
Industrial production

14. The fact that UPSC Prelims and Mains Current Affairs are being discussed for February 1, 2026, indicates the importance of which aspect for competitive exams?

Continuous and up-to-date knowledge of current events.
Deep historical knowledge only.
Expertise in a single subject area.
Understanding of theoretical economic models only.

15. India celebrates Coast Guard Day on February 1st. This day is dedicated to recognizing the contributions of which organization?

Indian Army
Indian Coast Guard
Indian Navy
Border Security Force