2026 Current Affairs practice question for Railways, SSC, UPSC. Select an option to check your answer, read the explanation and continue practicing.
Under the MoU signed between the Government of Delhi and the Reserve Bank of India, which institution will function as the banker, debt manager and financial agent of the Government of Delhi?
Correct Answerसही उत्तर
A. Reserve Bank of IndiaA. Reserve Bank of India
Explanationव्याख्या
The correct answer is the Reserve Bank of India.
According to the February 2026 Current Affairs PDF, the Government of Delhi signed a Memorandum of Understanding with the Reserve Bank of India that brought Delhi under the central bank's full banking, cash-management and debt-management framework for the first time.
Under this arrangement, RBI will function as the banker, debt manager and financial agent of the Government of Delhi.
These three functions are important to understand separately.
As banker, RBI can support the government's banking and cash-management requirements.
As debt manager, it can facilitate the management of government borrowings.
As financial agent, it can perform financial operations on behalf of the government within the agreed framework.
The MoU is also expected to facilitate Delhi Government's market borrowings through State Development Loans.
State Development Loans are an important mechanism through which sub-national governments raise funds from the market.
Another feature mentioned in the source is the automatic investment of surplus cash, which can support more professional treasury and liquidity management.
The Delhi Government will also gain access to professional cash-management arrangements and low-cost liquidity facilities.
Chief Minister Rekha Gupta described the development as a historic correction in Delhi's financial governance.
The source connects the agreement with objectives such as fiscal discipline, transparency and long-term financial sustainability.
For competitive examinations, the most important factual relationship is straightforward: Delhi Government signed the MoU with RBI, and RBI will now serve as its banker, debt manager and financial agent.
The agreement also connects Delhi to RBI's framework for cash management, debt management, State Development Loans and liquidity management.
सही उत्तर Reserve Bank of India है। February 2026 Current Affairs PDF के अनुसार Government of Delhi ने Reserve Bank of India यानी RBI के साथ एक Memorandum of Understanding sign किया। इस MoU के कारण Delhi पहली बार RBI के full banking, cash management और debt management framework के अंतर्गत आया। Agreement के तहत RBI Government of Delhi के banker, debt manager और financial agent के रूप में कार्य करेगा। इन तीनों roles को अलग-अलग समझना उपयोगी है। Banker के रूप में RBI government की banking और cash-management requirements को support करेगा। Debt manager के रूप में वह government borrowings के professional management में भूमिका निभाएगा। Financial agent के रूप में RBI agreed framework के अंतर्गत Delhi Government की ओर से विभिन्न financial operations manage कर सकेगा। MoU का एक महत्वपूर्ण परिणाम State Development Loans के माध्यम से market borrowings की सुविधा है। State Development Loans sub-national governments के लिए market से funds raise करने का महत्वपूर्ण माध्यम होते हैं। Source automatic investment of surplus cash का भी उल्लेख करता है, जिससे idle government funds का बेहतर management संभव हो सकता है। इसके अतिरिक्त professional cash management और low-cost liquidity facilities तक access भी इस framework का हिस्सा है। Chief Minister Rekha Gupta ने इसे Delhi की financial governance में historic correction बताया। Source fiscal discipline, transparency और long-term sustainability को इस development से जोड़ता है। Exam के लिए सबसे महत्वपूर्ण तथ्य यह है कि MoU Delhi Government और RBI के बीच है तथा RBI अब Delhi Government के banker, debt manager और financial agent की भूमिका निभाएगा। State Development Loans, surplus-cash investment और liquidity facilities इसके अन्य महत्वपूर्ण examination points हैं।
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