SEBI Grade A (General Stream) Mock Test - 3 Free Online Test 2026

In News: SEBI's SM REIT regulations (notified in 2023-2024, with ongoing listings in 2025) regulate fractional ownership platforms to enhance investor protection.

Key Points:

• Minimum subscription ₹10 lakh per investor (reduced from pre-regulation norms of ~₹25 lakh)
• Asset value ₹50-500 crore
• Mandatory listing for liquidity
• Platforms must migrate to SM REIT structure

In News: ADB sharply raised India's FY2025-26 forecast to 7.2% due to strong consumption, tax cuts, and Q2 performance.

Key Points:

• Upgrade from earlier 6.5% estimate
• Driven by robust domestic demand
• India as key contributor to Asia's growth outlook

In News: SEBI's 2025 amendments to CRA Regulations strengthened ESG rating norms.

Key Points:

1. Subscriber-pays model defined and regulated
2. Ratings based solely on public data
3. Simultaneous sharing with subscribers and issuers

In News: No major Indian fintech secured ECB Payment Institution approval in 2025; expansions focused on domestic and other markets.

In News: Standard venue for odd-numbered years; focused on global resilience and emerging markets.

In News: LEI phased in for non-individuals, issuers, and high-value dealings to enhance transparency.

Key Points:

• Covers corporates, trusts, funds
• Exempts individuals
• Aids systemic risk oversight

In News: SEBI's January 2025 guidelines updated RA framework for better compliance and investor protection.

Key Points:

• New qualifications for prospective RAs
• Scaled deposits for client protection
• Dual roles allowed with clear separation

In News: NFRA continues alignment with ISA for audit quality and global comparability.

In News: RBI's 2025 Master Directions consolidated and strengthened the AA ecosystem.

Key Points:

• Focus on governance and data security
• No major non-financial expansion reported

In News: Ongoing pre-budget discussions on STT, but no dedicated committee announced.

In News: Discussions ongoing for IBC reforms, including potential PPIRP expansion.

In News: SEBI's 2024-2025 circulars (compliance extended to Nov 2025) addressed arbitrage and transparency.

Key Points:

• Dedicated ODI registration
• Restricted to equity underlying
• Granular disclosures

In News: India INX continued multi-currency bond and equity listings/trading.

In News: Part of ongoing green bond program for renewable projects.

In News: Events like Fintech Future Summit occurred, but no new hub launch.

In News: Framework for social, sustainability, and SLBs (excluding green).

Key Points:

• Alignment with global standards
• Post-issuance reporting

In News: Panel recommendations for reforms in non-agri and potential agri easing.

In News: Union Finance Minister chairs FSDC for macroprudential oversight.

In News: First road sector SLB with IFC; others in real estate/REITs.

In News: SCORES enhancements (pre-2025) for faster redressal.

The correct answer is Option 2.

Key Points

• The passage explicitly states that one of Vladimir Putin's key decisions after being sworn in as Russia’s President for the fifth time was to remove his long-time Minister of Defence, Sergei Shoigu. This directly answers the question.
• Andrei Belousov, mentioned as a replacement for the Minister of Defence, is brought in due to his background as a civilian economist, highlighting the economic aspects of the war in Ukraine faced by Russia. This context emphasizes the significance of removing Sergei Shoigu and appointing Andrei Belousov, aligning with option 2.
• The passage provides a brief review of Shoigu's tenure, mentioning his successful military operations such as the annexation of Crimea and Russia’s military intervention in Syria. This background information emphasizes the importance of his removal from the role.

​Therefore, the correct answer is 'Sergei Shoigu'.

Additional Information

• Option 1 (Andrei Belousov) is incorrect because he was appointed to run the Defence Ministry, not removed from it.
• Option 3 (Yevgeny Prigozhin) is mentioned in the passage as the late Wagner chief who led a rare rebellion. He was not the one removed from the role of Minister of Defence.
• Option 4 (A civilian economist) refers to Andrei Belousov's professional background rather than his name, but it does not accurately answer the question of who was removed.
• Option 5 (None of the above) is inaccurate because Sergei Shoigu, who is listed as option 2, was indeed removed from the role according to the passage.

The correct answer is Option 5.

Key Points

• Sergei Shoigu was criticized for his planning and execution of the war in Ukraine: The passage indeed mentions that there have been criticisms about the way Mr. Shoigu planned and executed the war in Ukraine. This directly corresponds to statement A, making it correct.
• Western intelligence believed Russia expected the Ukraine war to be a quick affair: The passage states that, according to western intelligence, Russia expected the war in Ukraine to be a quick affair. This validates statement B as correct.
• Andrei Belousov, a civilian economist, has been appointed to lead Russia's Defence Ministry to address economic challenges: The passage explains that Andrei Belousov, a civilian economist, was brought in to run the Defence Ministry, highlighting the economic battle Russia faces, especially in stabilizing its wartime economy and maintaining energy ties and defence production amid western sanctions. This aligns with statement C, making it correct.

Therefore, the correct answer is All A, B and C.

Additional Information

• Each of the statements A, B, and C is directly supported by information provided in the passage, demonstrating that they are individually true.

The correct answer is: Option 3.

Key Points

• The word "onslaught" means a fierce or destructive attack. (भीषण आक्रमण)
  • Example: The town prepared for the onslaught of the approaching storm.
• "Attack" refers to an aggressive and violent action against a person or place. (आक्रमण)
  • Example: The army launched an attack on the enemy's fortress.

Therefore, the correct answer is: Attack.

Additional Information

Here are the other options explained along with their Hindi meanings and example sentences:

• Retreat (पीछे हटना): The act of withdrawing or moving back.
  • Example: The soldiers made a strategic retreat to avoid further casualties.
• Peace (शांति): A state of tranquility or quiet.
  • Example: After years of conflict, the region finally found peace.
• Relief (राहत): A feeling of reassurance and relaxation following the release from anxiety or distress.
  • Example: She felt a sense of relief after hearing the good news.
• Silence (चुप्पी): The absence of sound.
  • Example: The silence in the library was almost palpable.

The correct answer is: Option 3.

Key Points

• The word "repressive" means something that restricts freedom and controls individuals in a strict or authoritarian manner. (दमनकारी)
  • Example: The regime was criticized for its repressive policies against political dissidents.
• "Liberating" refers to something that provides freedom or relief from restrictions, making one feel free and unburdened. (मुक्तिदायक)
  • Example: The fall of the oppressive government was a liberating moment for the citizens.
• Hence, we can infer that the opposite of 'repressive' is 'liberating'.

Therefore, the correct answer is: Liberating.

Additional Information

Here are the other options explained along with their Hindi meanings and example sentences:

• Oppressive (उत्पीड़क): Causing discomfort or distress, often through harsh or authoritarian measures.
  • Example: The oppressive heat made it difficult to work outside.
• Authoritarian (सत्तावादी): favouring or enforcing strict obedience to authority at the expense of personal freedom.
  • Example: The authoritarian government imposed strict censorship on the media.
• Confining (सीमित करनेवाला): Restricting the movement or freedom of someone or something.
  • Example: The small, confining space made me feel claustrophobic.
• Restrictive (प्रतिबंधात्मक): Imposing limitations or restrictions.
  • Example: The new law introduced restrictive measures on immigration.

The correct answer is Option 4.

Key Points

• The context of the passage indicates a scenario where Putin is making strategic moves to reinforce control over the state and counter dissent.
• The passage describes Putin's actions to maintain authority amidst challenges, including international sanctions and internal dissent, by implying an increase, not a decrease, in control.
• The term "tightened" is commonly used to describe actions taken by leaders to strengthen their hold on power, especially in political or authoritarian contexts. (कड़ी कर दी गई)
• The mention of being "intolerant of dissent" complements the idea of tightening grip, as it suggests an effort to quell opposition and consolidate power more firmly.
• Therefore, the phrase that logically fits the blank, considering the passage’s overall tone and content, is "tightened his grip."

Therefore, the correct answer is 'tightened'.

Complete Sentence: At home, he has tightened his grip on the state and society and is intolerant of dissent.

Additional Information

• Loosened (ढीला): This would suggest reducing control or easing restrictions, which contradicts the narrative of increasing authoritarian control mentioned in the passage.
• Relaxed (आराम): Similar to "loosened," this implies a lessening of control or a more lenient approach, which does not align with the context of strengthening authority.
• Overturned (पलट जाना): This term implies a complete reversal or abolition of a previous stance or system, which is not supported by the details in the passage.
• Ignored (अवहेलना करना): To ignore would mean to pay no attention to, which does not fit the context here where active measures are being taken to consolidate power and control dissent.

• The sentence indicates that the Sharmas had a display of their wealth that was meant to impress or attract notice.
• The word "ostentatious" means characterized by vulgar or pretentious display, designed to impress or attract notice, which fits the context of the Sharmas displaying their ill-gained wealth. (दिखावटी)
• The words "imaginary," "apparent," and "daring" do not fit the context of the sentence, making them incorrect choices.
• Understanding the meaning of "ostentatious" in the context of the sentence helps to clarify that the display was meant to show off their wealth in an exaggerated manner.

• Imaginary (कल्पित) means existing only in the imagination.
• Apparent (स्पष्ट) means clearly visible or understood; obvious.
• Daring (साहसी) means adventurous or audaciously bold.

• The sentence indicates a minimal amount of respect.
• The word "Modicum" means a small quantity of something, especially something considered desirable or valuable. (भोजन की थोड़ी मात्रा)
• The words "Meagre," "Fulfillment," and "Average" do not fit the context of the sentence.
• Understanding the meaning of "Modicum" in the context of the sentence helps to clarify that even a small amount of respect would have prevented such treatment of parents.

• Meagre (अल्प मात्रा) means lacking in quantity or quality.
• Fulfillment (पूरा करना) means the achievement of something desired, promised, or predicted.
• Average (औसत) means a number expressing the central or typical value in a set of data.

• The sentence indicates that being a soldier and sacrificing one's life for one's country is seen as a very high-minded or honorable notion by young men.
• The word "Noble" (उदार) means having or showing fine personal qualities or high moral principles, which fits the context of the sentence.
• The words "Signified," "Modified," and "Improvised" do not convey the intended meaning of honor or high moral principle, making them incorrect choices based on the sentence's context.
• Understanding the meaning of "Noble" in the context of the sentence helps clarify that the notion of sacrificing one's life for one's country is seen as highly honorable by young men.

• Signified (संकेतित करना) means to be an indication of.
• Modified (संशोधित करना) refers to making partial or minor changes to something.
• Improvised (तात्कालिक) means created and performed spontaneously or without preparation.

• The sentence indicates that Sara passed the driving license's test with great confidence or assurance.
• The word "aplomb" means self-confidence or assurance, especially when in a demanding situation, which fits the context of passing the driving test due to practice. (अभिमान)
• The words "armour," "arraign," and "austere" do not fit the context of the sentence.
• Understanding the meaning of "aplomb" in the context of the sentence helps clarify that Sara passed the test with great confidence due to her practice.

• Armour (आवरण) refers to the metal coverings formerly worn by soldiers or warriors to protect the body in battle.
• Arraign (अभियोग लगाना) means to call or bring (someone) before a court to answer a criminal charge.
• Austere (कठोर) means severe or strict in manner, attitude, or appearance.

The correct answer is Option 2.

Key Points

• Let's first identify the logical flow of the paragraph while keeping in mind that sentence C is the third sentence.
  • B: This sentence gives the introduction about the aggressive behaviour of commercially reared chickens and provides background information.
  • D: This gives additional information on the conditions in which chickens are kept to mitigate aggressive behaviour.
  • C: This sentence, which is already identified as the third sentence, suggests a solution by altering the bird's environment.
  • F: This sentence provides evidence of the effectiveness of the solution suggested in sentence C.
  • A: This describes the results of the experiment in detail, highlighting the behavior of the birds.
  • E: This concludes by mentioning the potential benefits of using bales, thus wrapping up the paragraph.
• So the correct order of the sentences is BDCFAE.
• Hence, the first sentence in the correct order is: B.

​Therefore, the correct answer is B.

Rearranged Paragraph: Commercially reared chicken can be unusually aggressive and are often kept in darkened sheds to prevent them from pecking at each other. In low light conditions, they behave less belligerently but are more prone to ophthalmic disorders and respiratory problems. Altering the bird's environment, by adding bales of wood-shaving to their pens, can work wonders. In an experiment, aggressive head-pecking was all but eliminated among birds in the enriched environment. The birds spent far more of their time - up to a third - pecking at the inanimate objects in the pens, in contrast to birds in other pens, which spent a lot of time attacking others. In an experiment, aggressive head-pecking was all but eliminated among birds in the enriched environment.