Which body has been made the Pool Administrator of the Bharat Maritime Insurance Pool?

The correct answer is Rs 13,906.50 crore, which is roughly USD 1.5 billion. This is the total value of risk the pool is able to write, and it makes the pool the first domestic maritime insurance arrangement of that size in India. Option B, Rs 12,980 crore, is the tempting distractor because that figure does belong to the scheme, but it is the sovereign guarantee the government has extended to stand behind the pool, not the underwriting capacity itself; the two numbers are deliberately different, with the guarantee a little smaller than the capacity. Option A, Rs 9,500 crore, and option D, Rs 20,000 crore, are simply invented amounts and appear nowhere in the description of the pool. Aspirants should remember the pair together: capacity Rs 13,906.50 crore, guarantee Rs 12,980 crore.

The correct answer is USD 100 million. Claims up to that level are met from the pool's accumulated reserves together with its reinsurance recoveries, and the government's guarantee is activated only once those reserves have been completely used up. This layered design is the point of the structure: ordinary losses are absorbed commercially, and the sovereign backing is kept as a last resort so that dependence on it stays minimal. Option D, USD 1.5 billion, is the pool's total underwriting capacity rather than the claim threshold, which makes it a plausible trap. Option A, USD 50 million, and option C, USD 500 million, are invented figures. Candidates should link three numbers in memory: the claim threshold met from reserves, the sovereign guarantee behind the pool, and the overall capacity the pool can write.

The correct answer is 1,668 million metric tonnes, the cargo moved through India's ports during 2025-26, and the figure is expected to keep climbing as trade expands. India works 12 major ports and 217 non-major ports, so the total covers both categories together. Options A, B and D, at 950, 1,200 and 2,400 million metric tonnes, are invented volumes and none of them belongs to the port sector's record for that year. Around this figure sit several other numbers worth memorising: a coastline of 11,098 kilometres, an exclusive economic zone of 2.4 million square kilometres, inland waterways of more than 14,500 kilometres, livelihoods for over 30 million people, and an Indian-flag fleet of 1,609 ships with 14.33 million gross tonnage in mid-2026.

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 23. The gross borrowing of Rs 7,86,000 crore planned for the second half of FY 2026-27 will be completed through 23 weekly auctions of dated securities, with the paper spread over eight maturity buckets ranging from three years to fifty years. Option A, 13, is wrong here, although the number does appear elsewhere in the same announcement: 13 is the count of auction weeks planned for Treasury Bills in the third quarter of the financial year, which is a different instrument and a different calendar altogether. Option B is wrong because no stage of the borrowing plan uses that count of auctions. Option D is wrong as well; the calendar does not run to that many dated-security auctions in the half-year. A careful reader should separate the two counts, remembering that 23 belongs to the dated-security auctions while 13 belongs to the Treasury Bill weeks.