Q3.. Consider the following pairs regarding Constitutional offices and their removal processes:
1. Judge of the Supreme Court: Proved misbehavior or incapacity.
2. Comptroller and Auditor General: Same manner and on like grounds as a Judge of the
Supreme Court.
3. Election Commissioner: On the recommendation of the Chief Election Commissioner.

Q4. Regarding the 'Global Minimum Corporate Tax' (GMCT), consider the following
statements:
1. It is an initiative led by the World Trade Organization to prevent base erosion.
2. It aims to set a global floor for corporate tax rates to discourage tax havens.

Mega Quiz with Correct Answer & Explanation
Q1. Consider the following statements regarding the 'Financial Stability Report' (FSR):
1. It is published annually by the Ministry of Finance.
2. It reflects the collective assessment of the Financial Stability and Development Council (FSDC)
on the risks to financial stability.
Which of the statements given above is/are correct?
A. 1 only
B. 2 only
C. Both 1 and 2
D. Neither 1 nor 2
Correct Answer: B
Explanation: The Financial Stability Report is published biannually by the Reserve Bank of India
(RBI), not the Ministry of Finance. It reflects the collective assessment of the Sub-Committee of
the FSDC on the risks to financial stability, as well as the resilience of the Indian financial system.
Hence, statement 1 is incorrect and statement 2 is correct.
Q2. With reference to the 'Anti-Defection Law' under the Tenth Schedule of the Constitution,
consider the following statements:
1. The decision of the Speaker regarding disqualification is final and cannot be challenged in a
court of law.
2. If a member of a House voluntarily gives up their membership of such political party, they
shall be disqualified.
Which of the statements given above is/are incorrect?
A. 1 only
B. 2 only
C. Both 1 and 2
D. Neither 1 nor 2
Correct Answer: A
Explanation: In the Kihoto Hollohan case, the Supreme Court held that the Speaker's decision is
subject to judicial review, rendering statement 1 incorrect. Statement 2 is correct as per the
provision of the Tenth Schedule where 'voluntarily giving up membership' is a ground for
disqualification.

Q3. Consider the following pairs regarding Constitutional offices and their removal processes:
1. Judge of the Supreme Court: Proved misbehavior or incapacity.
2. Comptroller and Auditor General: Same manner and on like grounds as a Judge of the
Supreme Court.
3. Election Commissioner: On the recommendation of the Chief Election Commissioner.
How many of the above pairs are correctly matched?
A. Only one pair
B. Only two pairs
C. All three pairs
D. None of the pairs
Correct Answer: C
Explanation:
Pair 1 is correctly matched: Under Article 124(4) of the Constitution of India, a Judge of the
Supreme Court can only be removed from office by an order of the President passed after an
address by each House of Parliament on the grounds of proved misbehavior or incapacity.
Pair 2 is correctly matched: According to Article 148(1) of the Constitution, the Comptroller and
Auditor General (CAG) of India can only be removed from office in the same manner and on like
grounds as a Judge of the Supreme Court.
Pair 3 is correctly matched: Under Article 324(5), while the Chief Election Commissioner (CEC) is
removed in the same manner as a Supreme Court Judge, any other Election Commissioner
cannot be removed from office except on the recommendation of the Chief Election
Commissioner.

Q4. Regarding the 'Global Minimum Corporate Tax' (GMCT), consider the following
statements:
1. It is an initiative led by the World Trade Organization to prevent base erosion.
2. It aims to set a global floor for corporate tax rates to discourage tax havens.
Which of the statements given above is/are correct?
A. 1 only
B. 2 only
C. Both 1 and 2
D. Neither 1 nor 2
Correct Answer: B
Explanation: The Global Minimum Corporate Tax (15%) is an initiative of the OECD/G20 Inclusive
Framework on Base Erosion and Profit Shifting (BEPS), not the WTO. Statement 2 is correct as
the intent is to stop multinational corporations from shifting profits to low-tax jurisdictions.
Q5. What is the primary objective of the 'Sovereign Green Bonds' issued by the Government
of India?
A. To provide tax exemptions to companies engaged in carbon trading.
B. To mobilize resources for green infrastructure projects.

C. To fund the transition of coal-based thermal power plants to nuclear energy.
D. To incentivize the import of electric vehicles through lower customs duties.
Correct Answer: B
Explanation: Sovereign Green Bonds (SGrBs) are issued by the Government of India to mobilize
resources for green infrastructure projects. The proceeds are earmarked for public sector
projects that help in reducing the carbon intensity of the economy.

𝐃𝐀𝐈𝐋𝐘 𝐏𝐑𝐄𝐋𝐈𝐌𝐒 𝐏𝐘𝐐 | 𝟐𝟏𝐬𝐭 𝐀𝐮𝐠𝐮𝐬𝐭 𝟐𝟎𝟐𝟔
🎯 Target Exams: | UPSC | WBCS ! OPSC | State PCS
Previous Year Questions don't just test your knowledge—they teach you how the examiner thinks.
👇🏾 Comment your answer (A / B / C / D) below!

📰 THE HINDU EDITORIAL ANALYSIS | 21st August 2026

📖 Topic: India’s Fiscal Outlook – Geopolitical & Revenue Risks

📌 Key Focus: GST & PIT revenues • Subsidies • Fiscal Deficit • Fiscal Federalism • Debt Sustainability • Geopolitical Risks

📝 UPSC Mains Practice Question included!

🎯 Relevant for: UPSC CSE | WBCS | OPSC
📚 GS Paper III – Indian Economy | Fiscal Policy | Public Finance

👉 Read the complete analysis & strengthen your current affairs preparation!

#UPSC2026 #TheHinduEditorial #UPSCMains #IndianEconomy #APTIPLUS

🧠 Daily Mini Quiz | 21 August 2026
📌 Topic: Sovereign Green Bonds
📚 Subject: Indian Economy / Environment & Sustainable Development
🎯 Relevant For: UPSC CSE, WBCS, OPSC & State PCS (GS Paper III)
#UPSC #WBCS #OPSC #SovereignGreenBonds #IndianEconomy #EnvironmentAndEcology #DailyMiniQuiz #AptiPlus #IASPreparation #CurrentAffairs #CivilServicesExam #Prelims2027