What does VDA stand for in the context of India's tightening regulation of crypto transactions? MCQ with Answer and Explanation

What does VDA stand for in the context of India's tightening regulation of crypto transactions?
A. Virtual Digital Asset
B. Variable Deposit Account
C. Verified Digital Account
D. Voluntary Disclosure Agreement
Answer: Option A
Solution (By JKSSB Mock Tests)
VDA stands for Virtual Digital Asset.

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Practice More Current Affairs 2026 Section 1 Questions

Question #1
Priti Saran has been appointed to the UN Committee on Economic, Social and Cultural Rights (CESCR). CESCR is a treaty body established under which international covenant?
A. Universal Declaration of Human Rights (UDHR)
B. International Covenant on Economic, Social and Cultural Rights (ICESCR)
C. International Covenant on Civil and Political Rights (ICCPR)
D. Convention on the Rights of the Child (CRC)

Correct Answer: Option B


Explanation:
CESCR is a treaty body established under the International Covenant on Economic, Social and Cultural Rights (ICESCR).

Question #2
Astra Mark-2 missile is developed by which organisation?
A. Bharat Electronics Limited (BEL)
B. Indian Space Research Organisation (ISRO)
C. Defence Research and Development Organisation (DRDO)
D. Hindustan Aeronautics Limited (HAL)

Correct Answer: Option C


Explanation:
The Astra Mark-2 missile is developed by the Defence Research and Development Organisation (DRDO).[reference:8]

Question #3
Under Delhi's Electric Vehicle Policy 2.0, from which date will new registrations of petrol motorcycles and scooters be completely stopped?
A. April 1, 2027
B. April 1, 2028
C. January 1, 2028
D. January 1, 2027

Correct Answer: Option B


Explanation:
From April 1, 2028, new registrations of petrol motorcycles and scooters will be completely stopped.[reference:54]