How much does India depend on LNG imports for its natural gas requirement?

India depends on LNG imports to meet about half of its daily natural gas requirement of around 190 million standard cubic metres. The largest supplier of LNG to India is Qatar. India depends primarily on the Strait of Hormuz for major energy imports, not the Strait of Malacca.

Do women hold the highest share in gold loans and business loan volumes in India?

Yes. Women hold the highest share in gold loans (43.5%), followed by education loans. They also account for more than half of business loan volumes (50.4%), according to recent credit market data.

Where is the Brownsville refinery located?

The Brownsville refinery is located in Texas, United States. It was recently in the news due to India’s private sector investment in the project.

What are the legal tender limits for coins under the Indian Coinage Act?

Under the Indian Coinage Act: (1) A coin of denomination not lower than one rupee is legal tender up to one thousand rupees; (2) A half-rupee coin is legal tender up to ten rupees; (3) Any other coin is legal tender up to one rupee.

Are NABCB-accredited Indian agencies recognized under EU regulations?

Currently, there are no NABCB-accredited Indian agencies recognized under EU regulations. However, NABCB provides accreditation to certification, validation, and verification bodies in line with international standards.

Daily UPSC Prelims MCQs - Economy - 16th March 2026

Devesh
Mar 15
1 min read

Updated: 4 days ago

Test your UPSC CSE 2026 preparation with today’s Economy (Every Monday) Quiz — covering India’s LNG imports, women borrowers, Brownsville refinery, legal tender in payment, National Accreditation Board for Certification Bodies and more.

Previous UPSC Economy Quiz

09 March 2026	Click Here
02 March 2026	Click Here
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09 Feb 2026	Click Here
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Daily UPSC Prelims MCQs - Economy - 16th March 2026

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