Daily Current Affairs MCQs: 2026-02-17 with solutions Attempt Free MCQ

Central Bank Digital Currencies (CBDCs) can enhance monetary policy by allowing central banks more direct control over the currency supply and transactions. This control facilitates more effective implementation of monetary policies, potentially improving economic stability. In contrast, traditional currencies often involve intermediaries that can complicate and increase the costs of transactions.

The digital nature of CBDCs raises significant privacy concerns as their implementation may lead to increased government surveillance of financial transactions. Unlike cash transactions, which are anonymous, digital currencies can be traced, prompting debates about the balance between security and individual privacy rights.

The proposed Indian Scientific Service (ISS) aims to establish a dedicated cadre of scientists within the governance framework of India, addressing the increasing complexity of governance that requires scientific expertise. This service would bridge the gap between scientific inquiry and policy-making, which is currently hindered by the lack of specialized training for scientists in the bureaucratic system.

Agenda 2063 is the strategic framework adopted by the African Union aimed at achieving Africa's socio-economic and political transformation over a 50-year period. This ambitious plan focuses on promoting unity, cooperation, and development among African nations to enhance the continent's global competitiveness.

A significant structural issue in the Indian banking sector is the maturity mismatch, where banks primarily fund themselves through short-term deposits but are often involved in financing long-term infrastructure projects. This mismatch can lead to financial instability, as banks are unable to adequately manage long-term credit risks associated with such projects.

AI is integral to enhancing the efficiency and management of Distributed Renewable Energy (DRE) systems in India. By utilizing AI technologies, the complexities of energy management can be addressed, enabling predictive analytics and improving grid stability, which is essential for integrating more renewable energy sources into the national grid.

Bio-based chemical production offers a significant benefit of greater environmental sustainability as it relies on renewable biological materials instead of fossil fuels. This shift not only reduces the carbon footprint associated with chemical production but also supports rural economies and promotes a circular economy by utilizing organic waste as feedstock.

The ban on the sale of non-subsidised fertilisers in Uttar Pradesh could lead to reduced nutrient use efficiency in agriculture. By restricting the availability of these products, farmers may become overly reliant on subsidised urea, which can contribute to imbalanced nutrient application and potentially harm soil health and crop yields.

The White-bellied Sea Eagle is notable for exhibiting sexual dimorphism, where females are generally larger than males. This characteristic is common among birds of prey, which can allow for different roles in nesting and hunting behaviors, contributing to the survival of the species.

A significant challenge in developing bio-based chemicals in India is the cost disadvantage compared to conventional petrochemical alternatives. Higher production costs can create barriers to entry in the market, making it difficult for bio-based products to compete with cheaper fossil fuel-derived chemicals, despite their environmental benefits.