The government proposes to spend how much in 2026-27? MCQ with Answer and Explanation

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The government proposes to spend how much in 2026-27?

A. ₹58,47,315 crore

B. ₹43,47,315 crore

C. ₹48,47,315 crore

D. ₹53,47,315 crore

Answer: Option D

Solution (By JKSSB Mock Tests)

The government proposes to spend Rs 53,47,315 crore in 2026-27, an increase of 7.7% over the revised estimate of 2025-26.[reference:40]

This question belongs to: Current Affairs Current Affairs 2026 Section 1

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Question #1

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The NSIC (National Small Industries Corporation) status was upgraded from Schedule 'B' to Schedule 'A' category CPSE earlier in 2026. CPSE stands for:

A. Central Public Service Entities

B. Central Private Sector Enterprises

C. Corporate Public Sector Entities

D. Central Public Sector Enterprises

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Correct Answer: Option D

Explanation:
NSIC's status was upgraded from Schedule 'B' to Schedule 'A' category Central Public Sector Enterprises (CPSE).[reference:122]

This question belongs to: Current Affairs Current Affairs 2026 Section 1

Question #2

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On July 3, 2026, the Defence Acquisition Council (DAC) granted in-principle approval for defence acquisition proposals worth approximately:

A. ₹75,000 crore

B. ₹40,000 crore

C. ₹25,000 crore

D. ₹52,000 crore

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Correct Answer: Option D

Explanation:
The DAC accorded Acceptance of Necessity (AoN) for defence acquisition proposals worth nearly ₹52,000 crore.[reference:22]

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Question #3

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NASA launched which mission that set a record for longest distance travelled by humans in space?

A. Perseverance Rover

B. Voyager

C. James Webb

D. Artemis II

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Correct Answer: Option D

Explanation:
Artemis II (USA).

This question belongs to: Current Affairs Current Affairs 2026 Section 1

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