Archive · 27 Aug 2026
Economy Quiz Covers Solar Projects, Forex Deposits And PPPs
This quiz tests important ideas about India’s economy.
Vanilla solar means a simple solar power project that does not include batteries, wind power or other hybrid parts.
FCNR(B) accounts let eligible Indians living abroad keep fixed-term savings in several foreign currencies.
Interest from these accounts is generally tax-exempt in India when the depositor remains a non-resident under Indian tax laws.
The Appointments Committee of the Cabinet chooses part-time, non-official directors for the RBI Central Board.
The PPPAC examines large central-government projects involving public and private partners.
It considers projects worth more than Rs 100 crore and is not limited to foreign investors.
SEBI’s IT Resilience Index checks how well important financial-market technology systems can withstand disruptions.
Vanilla solar projects are standalone photovoltaic systems without battery storage, wind pairing or hybrid components.
FCNR(B) deposits are fixed-term accounts held in designated foreign currencies, and their interest is tax-exempt for qualifying non-residents in India.
The Appointments Committee of the Cabinet approved three part-time, non-official directors for the RBI Central Board.
The PPPAC appraises and approves central-sector PPP projects exceeding Rs 100 crore, regardless of whether private investors are domestic or foreign.
SEBI’s IT Resilience Index tracks the resilience of technology systems used by market infrastructure institutions.
- Who
- The quiz concerns the RBI, SEBI, the Ministry of New and Renewable Energy, the Department of Economic Affairs and the PPPAC.
- What
- It explains five economy topics: vanilla solar projects, FCNR(B) deposits, RBI board appointments, PPPAC responsibilities and SEBI’s IT Resilience Index.
- When
- The material is identified as Economy Week 177; it references August 21 data and an August 4 PPPAC meeting.
- Where
- The institutions and policies discussed relate to India.
- Why
- The quiz is intended to help UPSC candidates revise economy concepts and current affairs.
- Vanilla solar
- Standalone photovoltaic projects without integrated battery storage, wind pairing or hybrid components.
- FCNR(B) deposits
- Fixed-term deposits available to eligible non-residents in designated currencies including the US dollar, pound sterling, euro, Japanese yen, Australian dollar and Canadian dollar.
- FCNR(B) inflows
- These deposits accounted for $65.397 billion of inflows under the special forex swap facility, according to data cited in the article.
- RBI board appointments
- Annie George Mathew, Janmejaya Kumar Sinha and Syed Akbaruddin were appointed part-time, non-official directors for four years.
- Appointments authority
- The Appointments Committee of the Cabinet approved the RBI Central Board appointments.
- PPPAC threshold
- The committee appraises and approves central-sector PPP projects exceeding Rs 100 crore.
- IT Resilience Index
- SEBI’s index tracks the resilience of technology systems used by market infrastructure institutions such as exchanges and clearing corporations.