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EconomyMedium

From which date does the revised Dearness Allowance rate apply?

  1. A.1 January 2026
  2. B.1 April 2026
  3. C.1 July 2026
  4. D.1 October 2026

Correct answer

C. 1 July 2026

Explanation

The correct answer is 1 July 2026. The Cabinet approved the release of the additional instalment with effect from that date, which is why the employees and pensioners covered by the order also become entitled to arrears for the months that have already passed between the effective date and the date of the decision. Option A names the start of the calendar year, which is not the date carried in this order. Option B points to the beginning of the financial year, a date often confused with allowance revisions because budgets begin then, but the instalment is not tied to it. Option D is the month in which the Cabinet actually met and took the decision, which is a different thing from the date from which the money is payable; the gap between the two is precisely what creates the arrears.

Read the full article: Dearness Allowance Raised 3% to 63% From 1 July 2026

Q3.EconomyHard

The formula used to work out the Dearness Allowance increase rests on the recommendations of which body?

  1. A.The 6th Central Pay Commission
  2. B.The 7th Central Pay Commission
  3. C.The Sixteenth Finance Commission
  4. D.The Reserve Bank of India
Show answer
Correct answer: B. The 7th Central Pay Commission

The Cabinet described the increase as being in accordance with the accepted formula, which is based on that commission's recommendations, so the percentage is arrived at mechanically rather than by negotiation.

Q4.EconomyMedium

For applicants approved under Round 4, the tenure of the PLI Scheme for Textiles has been extended up to which financial year?

  1. A.2029-30
  2. B.2030-31
  3. C.2031-32
  4. D.2033-34
Show answer
Correct answer: D. 2033-34

The extension is deliberately limited to companies approved under Round 4, and the reason given is practical: a manufacturer entering now needs a longer investment and operational horizon to build a plant and then scale up its capacity, which a shorter tenure would not allow.

Q5.EconomyMedium

The application portal for Round 4 of the PLI Scheme for Textiles will remain open during which period?

  1. A.1 October to 30 November 2026
  2. B.1 November to 31 December 2026
  3. C.1 December 2026 to 31 January 2027
  4. D.1 November 2026 to 31 March 2027
Show answer
Correct answer: B. 1 November to 31 December 2026

The Ministry of Textiles has set a two-month window in which the online portal will accept fresh applications under Round 4, and eligible companies have been asked to apply within that period in keeping with the scheme guidelines.