CURRENT AFFAIRS MCQs – 08 October 2026
Competitive Exams 2026
A. Repo rate was reduced to 5.25% and stance retained as neutral
B. Repo rate was raised to 5.50% and stance shifted to calibrated tightening
C. Repo rate was raised to 5.75% and stance shifted to withdrawal of accommodation
D. Repo rate remained unchanged at 5.25% while CRR was increased
2. The October 2026 RBI repo-rate increase is particularly significant because it was:
A. The first hike since February 2023
B. The first hike since February 2022
C. The first hike since October 2023
D. The first hike after the introduction of the MPC
3. The RBI’s latest GDP growth projection for FY27 was:
A. 6.8%
B. 6.9%
C. 7.1%
D. 7.3%
4. Consider the following statements regarding the 2026 Nobel Prize in Chemistry:Henri Kagan and Kenso Soai were the recipients.
Their work concerns controlling the formation of molecular mirror images.
The research has important implications for pharmaceutical manufacturing.
Which of the above is/are correct?
A. 1 only
B. 1 and 2 only
C. 2 and 3 only
D. 1, 2 and 3
5. The molecular phenomenon central to the Nobel-winning chemistry work is most closely associated with:
A. Isotopic fractionation
B. Molecular chirality
C. Nuclear fission
D. Polymer cross-linking
6. Andhra Pradesh recently declared a drought situation in how many districts?
A. 18 out of 26
B. 19 out of 26
C. 21 out of 26
D. 23 out of 26
7. The principal climatic factor cited in connection with Andhra Pradesh’s drought declaration was:
A. Excessive winter precipitation
B. A substantial rainfall deficit
C. Unprecedented snowfall
D. Cyclonic flooding followed by salinity
8. The Union Cabinet’s newly approved ₹10,000-crore fund is primarily intended to support:
A. Large-capital infrastructure projects
B. SMEs, particularly in Tier-II and Tier-III cities
C. Agricultural exports from coastal districts
D. Public-sector bank recapitalisation
9. Which institution is currently facing criticism over inadequate representation of working journalists or editors?
A. Press Council of India
B. National Human Rights Commission
C. Election Commission of India
D. Prasar Bharati Board
10. Which of the following correctly describes the recent oil-market shock?
A. Brent crude fell below $90 because of excess Middle Eastern supply
B. Brent crude rose above $100 amid concerns over Middle Eastern supply disruptions
C. WTI alone rose while Brent remained unchanged
D. Both benchmarks declined following a coordinated OPEC production increase
11. Approximately what proportion of global oil shipments historically passes through the Strait of Hormuz?
A. 10%
B. 15%
C. 20%
D. 35%
12. Which combination correctly matches the crude-oil benchmark with its reported price movement on 8 October 2026?
A. Brent — $89.94; WTI — $102.28
B. Brent — $102.28; WTI — $89.94
C. Brent — $95.50; WTI — $102.28
D. Brent — $102.28; WTI — $95.50
13. India’s latest monetary-policy stance of “calibrated tightening” primarily indicates:
A. A commitment to permanently maintain zero interest rates
B. A willingness to tighten monetary conditions in response to inflationary pressures
C. An immediate shift toward quantitative easing
D. A decision to abandon inflation targeting
14. Which of the following factors was cited as contributing to India’s inflationary pressure?
A. Lower global energy prices
B. Middle East geopolitical tensions and weaker monsoon conditions
C. Excessive domestic industrial production alone
D. Falling food and fuel prices
15. India’s bank credit growth was reported at approximately:
A. 12.8%
B. 15.4%
C. 18.8%
D. 21.6%
16. Which of the following is correctly associated with the Technology Development Board’s recent activity?
A. Project VeerAI
B. Project Gaganyaan-II
C. Project VajraSat
D. Project BharatNet-X
17. Project VeerAI involves an R&D support agreement worth approximately:
A. ₹75 crore
B. ₹100 crore
C. ₹130 crore
D. ₹250 crore
18. The IndiaAI Centre for AI in Keralam (CAIK) was launched in:
A. Kochi
B. Kozhikode
C. Thiruvananthapuram
D. Thrissur
19. India’s CAFE-III framework, scheduled to become effective from April 2027, primarily concerns:
A. Carbon taxation of heavy industries
B. Fleet-level fuel-efficiency standards for passenger vehicles
C. Coastal pollution management
D. Agricultural fertiliser efficiency
20. Which mechanism is incorporated into the CAFE-III framework to encourage compliance?
A. Credit-debit mechanism
B. Carbon auction mechanism
C. Green-bond mechanism
D. Fuel-subsidy mechanism
21. India’s first LNG-powered train, mentioned in recent current-affairs coverage, belongs most directly to which sector?
A. Civil aviation
B. Rail transport
C. Inland waterways
D. Urban metro transport
22. The new ISRO facility highlighted in recent current affairs is located in:
A. Ahmedabad
B. Guwahati
C. Bengaluru
D. Sriharikota
23. Which one of the following pairs is incorrectly matched?
A. Sambhar Lake — Geography
B. Rakhine State — Myanmar
C. Strait of Hormuz — Persian Gulf region
D. Poompuhar — Himalayan region
24. The recent global oil-price escalation has been aggravated by attacks on:
A. Grain-export terminals in the Black Sea
B. Oil tankers in the Gulf region
C. LNG facilities in Australia
D. Pipelines in Central Asia
25. Which statement best captures the monetary-policy dilemma confronting India?
A. Strong growth with increasing inflationary pressures
B. Recession with rapidly falling inflation
C. Deflation with collapsing credit growth
D. Stagnant growth with zero external risks
26. Why is the Nobel-winning chemistry research of Kagan and Soai particularly relevant to pharmacology?
A. Enantiomers can exhibit substantially different biological effects.
B. Enantiomers always have identical physiological effects.
C. Chirality occurs only in inorganic compounds.
D. Molecular symmetry eliminates stereochemical differences.
27. A 25-basis-point increase in the RBI repo rate means the policy rate increased by:
A. 0.025 percentage points
B. 0.25 percentage points
C. 2.5 percentage points
D. 25 percentage points
28. If Brent crude rises because of Strait of Hormuz disruptions, which Indian macroeconomic variable is most directly vulnerable to upward pressure, all else equal?
A. Import bill and inflation
B. Foreign tourist arrivals only
C. Agricultural land holdings
D. GST compliance alone
29. Which of the following is the most accurate inference from the RBI’s decision not to raise the reserve ratio while tightening through other instruments?
A. The RBI can pursue monetary tightening without relying exclusively on CRR changes.
B. The RBI has abandoned liquidity management.
C. CRR has become constitutionally fixed.
D. Repo-rate changes no longer affect liquidity conditions.
30. Which of the following combinations is entirely correct?
A. RBI — 5.50% repo rate; Nobel Chemistry — Kagan & Soai; CAFE-III — vehicle fuel efficiency
B. RBI — 4.50% repo rate; Nobel Chemistry — Yaghi & Robson; CAFE-III — fisheries
C. RBI — 6.50% repo rate; Nobel Chemistry — Curie; CAFE-III — banking
D. RBI — 5.25% repo rate; Nobel Chemistry — Kitagawa & Robson; CAFE-III — agriculture
A. 18 out of 26
B. 19 out of 26
C. 21 out of 26
D. 23 out of 26
7. The principal climatic factor cited in connection with Andhra Pradesh’s drought declaration was:
A. Excessive winter precipitation
B. A substantial rainfall deficit
C. Unprecedented snowfall
D. Cyclonic flooding followed by salinity
8. The Union Cabinet’s newly approved ₹10,000-crore fund is primarily intended to support:
A. Large-capital infrastructure projects
B. SMEs, particularly in Tier-II and Tier-III cities
C. Agricultural exports from coastal districts
D. Public-sector bank recapitalisation
9. Which institution is currently facing criticism over inadequate representation of working journalists or editors?
A. Press Council of India
B. National Human Rights Commission
C. Election Commission of India
D. Prasar Bharati Board
10. Which of the following correctly describes the recent oil-market shock?
A. Brent crude fell below $90 because of excess Middle Eastern supply
B. Brent crude rose above $100 amid concerns over Middle Eastern supply disruptions
C. WTI alone rose while Brent remained unchanged
D. Both benchmarks declined following a coordinated OPEC production increase
11. Approximately what proportion of global oil shipments historically passes through the Strait of Hormuz?
A. 10%
B. 15%
C. 20%
D. 35%
12. Which combination correctly matches the crude-oil benchmark with its reported price movement on 8 October 2026?
A. Brent — $89.94; WTI — $102.28
B. Brent — $102.28; WTI — $89.94
C. Brent — $95.50; WTI — $102.28
D. Brent — $102.28; WTI — $95.50
13. India’s latest monetary-policy stance of “calibrated tightening” primarily indicates:
A. A commitment to permanently maintain zero interest rates
B. A willingness to tighten monetary conditions in response to inflationary pressures
C. An immediate shift toward quantitative easing
D. A decision to abandon inflation targeting
14. Which of the following factors was cited as contributing to India’s inflationary pressure?
A. Lower global energy prices
B. Middle East geopolitical tensions and weaker monsoon conditions
C. Excessive domestic industrial production alone
D. Falling food and fuel prices
15. India’s bank credit growth was reported at approximately:
A. 12.8%
B. 15.4%
C. 18.8%
D. 21.6%
16. Which of the following is correctly associated with the Technology Development Board’s recent activity?
A. Project VeerAI
B. Project Gaganyaan-II
C. Project VajraSat
D. Project BharatNet-X
17. Project VeerAI involves an R&D support agreement worth approximately:
A. ₹75 crore
B. ₹100 crore
C. ₹130 crore
D. ₹250 crore
18. The IndiaAI Centre for AI in Keralam (CAIK) was launched in:
A. Kochi
B. Kozhikode
C. Thiruvananthapuram
D. Thrissur
19. India’s CAFE-III framework, scheduled to become effective from April 2027, primarily concerns:
A. Carbon taxation of heavy industries
B. Fleet-level fuel-efficiency standards for passenger vehicles
C. Coastal pollution management
D. Agricultural fertiliser efficiency
20. Which mechanism is incorporated into the CAFE-III framework to encourage compliance?
A. Credit-debit mechanism
B. Carbon auction mechanism
C. Green-bond mechanism
D. Fuel-subsidy mechanism
21. India’s first LNG-powered train, mentioned in recent current-affairs coverage, belongs most directly to which sector?
A. Civil aviation
B. Rail transport
C. Inland waterways
D. Urban metro transport
22. The new ISRO facility highlighted in recent current affairs is located in:
A. Ahmedabad
B. Guwahati
C. Bengaluru
D. Sriharikota
23. Which one of the following pairs is incorrectly matched?
A. Sambhar Lake — Geography
B. Rakhine State — Myanmar
C. Strait of Hormuz — Persian Gulf region
D. Poompuhar — Himalayan region
24. The recent global oil-price escalation has been aggravated by attacks on:
A. Grain-export terminals in the Black Sea
B. Oil tankers in the Gulf region
C. LNG facilities in Australia
D. Pipelines in Central Asia
25. Which statement best captures the monetary-policy dilemma confronting India?
A. Strong growth with increasing inflationary pressures
B. Recession with rapidly falling inflation
C. Deflation with collapsing credit growth
D. Stagnant growth with zero external risks
26. Why is the Nobel-winning chemistry research of Kagan and Soai particularly relevant to pharmacology?
A. Enantiomers can exhibit substantially different biological effects.
B. Enantiomers always have identical physiological effects.
C. Chirality occurs only in inorganic compounds.
D. Molecular symmetry eliminates stereochemical differences.
27. A 25-basis-point increase in the RBI repo rate means the policy rate increased by:
A. 0.025 percentage points
B. 0.25 percentage points
C. 2.5 percentage points
D. 25 percentage points
28. If Brent crude rises because of Strait of Hormuz disruptions, which Indian macroeconomic variable is most directly vulnerable to upward pressure, all else equal?
A. Import bill and inflation
B. Foreign tourist arrivals only
C. Agricultural land holdings
D. GST compliance alone
29. Which of the following is the most accurate inference from the RBI’s decision not to raise the reserve ratio while tightening through other instruments?
A. The RBI can pursue monetary tightening without relying exclusively on CRR changes.
B. The RBI has abandoned liquidity management.
C. CRR has become constitutionally fixed.
D. Repo-rate changes no longer affect liquidity conditions.
30. Which of the following combinations is entirely correct?
A. RBI — 5.50% repo rate; Nobel Chemistry — Kagan & Soai; CAFE-III — vehicle fuel efficiency
B. RBI — 4.50% repo rate; Nobel Chemistry — Yaghi & Robson; CAFE-III — fisheries
C. RBI — 6.50% repo rate; Nobel Chemistry — Curie; CAFE-III — banking
D. RBI — 5.25% repo rate; Nobel Chemistry — Kitagawa & Robson; CAFE-III — agriculture
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