What does FPI stand for in the context of SEBI's regulatory proposals? MCQ with Answer and Explanation

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What does FPI stand for in the context of SEBI's regulatory proposals?

A. Fiscal Policy Institution

B. Foreign Public Issuer

C. Foreign Portfolio Investor

D. Financial Products Intermediary

Answer: Option C

Solution (By JKSSB Mock Tests)

FPI stands for Foreign Portfolio Investor.

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

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Question #1

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The sports allocation in the Union Budget 2026-27 increased by what percentage compared to 2025-26?

A. 10.3%

B. 15.3%

C. 12.3%

D. 18.3%

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Correct Answer: Option B

Explanation:
The allocation for the Ministry of Youth Affairs and Sports has increased from Rs 3794.30 crore in 2025-26 to Rs 4,479.88 crore in 2026-27, reflecting an absolute rise of 15.3 percent.[reference:69]

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

Question #2

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ISRO successfully demonstrated a hot test of the Semi-Cryogenic Engine Power Head Test Article (PHTA) at higher thrust level in June 2026. This test demonstrated performance at which thrust level?

A. 150 tonne

B. 200 tonne

C. 100 tonne

D. 250 tonne

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Correct Answer: Option B

Explanation:
The test provided sufficient confidence towards the demonstration of steady state performance of engine powerhead at 200 tonne.[reference:64]

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