Through how many weekly auctions will the second-half market borrowing be completed?

The correct answer is Rs 7,86,000 crore. The Finance Ministry, after consulting the Reserve Bank of India, settled on this gross market borrowing figure for the closing half of FY 2026-27, and the whole sum is to be raised through 23 weekly auctions of dated securities. Within it, Rs 15,000 crore has been kept aside for Sovereign Green Bonds. Option A is wrong because Rs 6,86,000 crore is simply a lower figure than the one announced and matches nothing in the plan. Option C is wrong for the same reason in the other direction; no part of the borrowing calendar carries a figure of Rs 8,86,000 crore. Option D is wrong as well, since the plan does not stretch anywhere near Rs 9,86,000 crore for the half-year. Candidates should note that the full-year borrowing through dated securities is a separate and much bigger number, Rs 15,99,506 crore, which should not be confused with the half-yearly amount asked about here.

The correct answer is Rs 50,000 crore. Ways and Means Advances is the facility through which the Reserve Bank of India lets the Centre bridge short-lived mismatches between money received and money paid out, and for the second half of FY 2026-27 the ceiling on this facility has been set at Rs 50,000 crore. Options A, B and C are all wrong because none of them is the ceiling named in the announcement; they are plausible-looking round figures placed around the real one. Aspirants should also keep the other numbers of the plan clearly apart from this one: the gross half-yearly borrowing is Rs 7,86,000 crore, the green bond portion is Rs 15,000 crore, the weekly Treasury Bill issuance in the third quarter is Rs 23,000 crore, and the greenshoe option lets the government retain up to Rs 2,000 crore extra on each security put up for auction.

The correct answer is 1 January 2027. Members of the board were told about forthcoming reforms, and among them was this bill, which is proposed to take effect from the first day of that year and is aimed at making life easier for consumers and for those who deal with them. Option A places the date at the start of a financial year, which is a natural guess but not the date mentioned here. Option C falls in the current year and option D pushes the date a full year further, so neither matches. In the same briefing the board was informed about the next generation of goods and services tax reforms and about integration with the open network for digital commerce, and it separately discussed the trade agreement being negotiated with the United Kingdom with a view to promoting exports.

The correct answer is 40,000. The chairman of the board cited the Jan Vishwas Act as a reform that has rationalised that many compliances, and placed it alongside the ease of doing business measures and the creation of state level traders' welfare boards as the main steps taken for the trading community. The other three options are figures of a similar shape, offered to test whether the number has been memorised exactly rather than approximately, and none of them was mentioned. A related figure worth holding on to from the same meeting is that DigiDukaan, an initiative of the open network for digital commerce, has more than nineteen thousand retailers live in Hyderabad and Jaipur, while the board also asked for a single loan portal that would decide applications within a month.

The correct answer is Vanijya Bhawan, New Delhi, which houses the Ministry of Commerce and Industry and where the board met in hybrid mode, with some members present and others joining online. The board functions under the Department for Promotion of Industry and Internal Trade of that ministry, so its meeting place follows naturally. Udyog Bhawan houses other ministries and was not the venue, which makes option A wrong. Vigyan Bhawan is the government's large conference venue used for conferences and summits rather than for a board meeting of this kind, so option C is wrong. Krishi Bhawan is associated with agriculture and allied departments and has no connection with this board, so option D is wrong too. The meeting was chaired by Sunil J. Singhi and opened by the DPIIT Director, Yuvraj Ravindra Patil.