PM Modi stated that India is the world's fastest-growing major economy and, in the last 12 years, while adopting which philosophy, the government has transformed the economic DNA? MCQ with Answer and Explanation

PM Modi stated that India is the world's fastest-growing major economy and, in the last 12 years, while adopting which philosophy, the government has transformed the economic DNA?
A. Lean philosophy
B. Agile philosophy
C. Six Sigma philosophy
D. Kaizen philosophy
Answer: Option D
Solution (By JKSSB Mock Tests)
PM Modi said that in the last 12 years, while adopting the Kaizen philosophy, the Government has transformed the economic DNA.[reference:129]

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Practice More Current Affairs 2026 Section 1 Questions

Question #1
Which of the following statements about the National Stock Exchange (NSE) is correct?
A. NSE is a wholly-owned subsidiary of SEBI
B. NSE was established in the 1980s
C. NSE is India's largest stock exchange by market capitalization
D. NSE only trades in equity shares

Correct Answer: Option C


Explanation:
The National Stock Exchange (NSE) is India's largest stock exchange by market capitalization.

Question #2
The southwest monsoon arrived in Delhi on July 2, 2026, how many days later than its normal onset date of June 27?
A. 3 days
B. 10 days
C. 7 days
D. 5 days

Correct Answer: Option D


Explanation:
Delhi finally saw the southwest monsoon arrive on July 2, five days later than its normal onset date of June 27.[reference:32]

Question #3
Which Indian fintech company became the first Indian payment aggregator to secure a Payment Service Provider (PSP) licence from the IFSCA at GIFT City in June 2026?
A. Paytm
B. PhonePe
C. Razorpay
D. Google Pay

Correct Answer: Option A


Explanation:
Paytm became the first Indian payment aggregator to secure a Payment Service Provider (PSP) licence from the International Financial Services Centres Authority (IFSCA) at GIFT City in June 2026.[reference:69]