What does VDA stand for in the context of India's tightening regulation of crypto transactions? MCQ with Answer and Explanation

What does VDA stand for in the context of India's tightening regulation of crypto transactions?
A. Virtual Digital Asset
B. Verified Digital Account
C. Variable Deposit Account
D. Voluntary Disclosure Agreement
Answer: Option A
Solution (By JKExamLibrary)
VDA stands for Virtual Digital Asset.

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Practice More Current Affairs 2026 Section 1 Questions

Question #1 Report Error
Which country hosted India’s first-ever mango promotion events to boost exports?
A. USA
B. UK
C. UAE
D. Japan

Correct Answer: Option C


Explanation:
Strengthening bilateral trade.

Question #2 Report Error
The Unified Health Interface (UHI) is a digital health initiative under which framework?
A. Ayushman Bharat Digital Mission
B. National Digital Health Mission
C. PM-JAY
D. eSanjeevani

Correct Answer: Option A


Explanation:
The Unified Health Interface (UHI) is a digital health initiative under the Ayushman Bharat Digital Mission.

Question #3 Report Error
The 'MY Bharat Budget Quest 2026' was launched to promote awareness about which subject among youth?
A. Union Budget and financial literacy
B. Digital literacy
C. Sports and fitness
D. Environmental conservation

Correct Answer: Option A


Explanation:
The 'MY Bharat Budget Quest 2026' was launched as a youth-centric initiative to promote awareness about the Union Budget and financial literacy.