TOP 50 CURRENT AFFAIRS MCQS FOR COMPETITIVE EXAMS (2026)
1. Which state/UT government recently pioneered the "One Zone, One Operator" project for 100% mechanized and robotic cleaning of its sewerage network?
A) Maharashtra
B) Delhi
C) Haryana
D) Karnataka
2. The 'PM-JANMAN' scheme, frequently seen in the headlines, is aimed at the holistic development of which specific group?
A) Particularly Vulnerable Tribal Groups (PVTGs)
B) Urban street vendors
C) Handloom weavers
D) Gig economy workers
3. What is the main objective of the central government’s 'SVAMITVA' scheme?
A) Providing solar pumps to farmers
B) Digital literacy for rural women
C) Mapping rural residential land using drones and issuing property cards
D) Free LPG connections to BPL families
4. The 'PM SHRI' scheme is explicitly associated with the development and upgradation of which infrastructure?
A) National Highways
B) Primary Healthcare Centers
C) Rural Micro-grids
D) Government Schools
5. The 'Mission Indradhanush' initiative launched by the Ministry of Health focuses on:
A) Full immunization coverage for children and pregnant women
B) Digital health ID generation
C) Affordable diagnostic checks
D) Eradication of vector-borne diseases
6. Which national agency is the nodal executing body for India's 'Gaganyaan' human spaceflight program?
A) DRDO
B) NSIL
C) ISRO
D) IN-SPACe
D) IN-SPACe
7. The 'Bhartiya Antariksh Station' (India’s own space station) is targeted to be operational by approximately which decade?
A) 2030
B) 2040
C) 2045
D) 2035
8. The 'PM Gati Shakti' National Master Plan relies heavily on digital synchronization across ministries using which technology platform?
A) Blockchain Ledger
B) GIS-based Spatial Planning
C) Generative AI Cloud
D) Quantum Computing Network
9. What is the statutory role of the National Green Tribunal (NGT) in India?
A) Allocating carbon credits to industries
B) Funding renewable energy projects
C) Expeditious disposal of cases relating to environmental protection
D) Demarcating national park boundaries
10. The Defence Accounts Department (DAD) upgraded its systems to deploy digital financial tools for which primary purpose?
A) Real-time financial monitoring and audited transparency in defense expenditures
B) Direct foreign procurement
C) Recruiting personnel
D) Privatizing ordnance factories
Section 2: Banking, Finance & Economy
11. Which apex regulatory body in India directly governs and monitors Credit Rating Agencies (CRAs)?
A) Reserve Bank of India (RBI)
B) Insurance Regulatory and Development Authority (IRDAI)
C) Ministry of Corporate Affairs
D) Securities and Exchange Board of India (SEBI)
12. Why has the historic Bankers’ Books Evidence Act been updated in modern digital judicial frameworks?
A) To phase out commercial checkbooks
B) To accept digital and electronic banking records as valid legal evidence
C) To regulate cryptocurrency transactions
D) To fix corporate lending caps
13. Which index is officially used by the RBI's Monetary Policy Committee (MPC) as its primary inflation anchor?
A) Consumer Price Index (CPI) - Combined
B) Wholesale Price Index (WPI)
C) GDP Deflator
D) Producer Price Index (PPI)
14. What does the term 'Core Inflation' exclude from headline inflation statistics?
A) Real estate and rent values
B) Gold and precious metal prices
C) Volatile food and fuel items
D) Electronic goods
15. What does the 'MCLR' system introduced by the RBI aim to improve for retail loan borrowers?
A) Processing time of gold loans
B) Transmission of policy repo rate changes into bank lending rates
C) Fixed deposit interest yields
D) Foreign remittance speed
16. The 'Prompt Corrective Action' (PCA) framework is applied by the RBI to handle which specific situation?
A) Resolving cyber-attacks on UPI servers
B) Approving international branch mergers
C) Distributing dividends to digital payments providers
D) Intervening when a commercial bank breaches critical thresholds (NPA, Capital)
17. Who permanently chairs the Goods and Services Tax (GST) Council in India under Article 279A?
A) Prime Minister of India
B) Governor of the Reserve Bank of India
C) Union Minister of Finance
D) Cabinet Secretary
18. What is the primary function of the Insolvency and Bankruptcy Board of India (IBBI)?
A) Managing the sovereign debt of the nation
B) Regulating insolvency professionals and liquidation proceedings under the IBC
C) Disbursing agricultural subsidies
D) Monitoring foreign institutional investments (FII)
19. What is the current maximum deposit insurance limit provided per depositor per bank by the DICGC?
A) ₹1 Lakh
B) ₹5 Lakhs
C) ₹2 Lakhs
D) ₹10 Lakhs
20. 'UPI123Pay' was introduced in the market to cater to which segment of users?
A) Feature phone users performing digital payments without an internet connection
B) NRI accounts managing international transfers
C) Corporate entities processing high-value RTGS transfers
D) Stock market traders setting auto-debit triggers
21. The umbrella organization responsible for operating retail payment settlement grids like UPI, IMPS, and RuPay in India is:
A) NITI Aayog
B) SEBI
C) NPCI
D) CIBIL
22. A traditional 'CIBIL Score' ranges between what values to summarize a borrower's credit fitness?
A) 100 to 500
B) 500 to 1000
C) 0 to 100
D) 300 to 900
23. Under the global Basel III norms, banking regulators primarily enforce strict thresholds on which elements?
A) Capital adequacy buffers and regulatory liquidity ratios
B) Branch expansion speed and locker charges
C) ATM transactional fees and check clearance times
D) Credit card interest maximums
24. In central budgeting, 'Fiscal Deficit' is precisely defined as:
A) Revenue expenditure minus revenue receipts
B) Capital expenditure minus capital receipts
C) Total expenditure minus total receipts excluding borrowings
D) Total imports minus total exports
25. 'Commercial Paper' (CP) used in the domestic money market functions as a:
A) Secured long-term government bond
B) Equity certificate traded on commodity grids
C) Gold exchange-traded fund
D) Unsecured short-term promissory note issued by highly rated corporates
Section 3: International Relations & Global Scenarios
26. The historic 'Abraham Accords' were brokered to normalize diplomatic ties between Israel and which group?
A) European Union members
B) Select Arab nations including UAE and Bahrain
C) G7 nations
D) Nordic Council nations
27. Where is the permanent headquarters of the Financial Action Task Force (FATF) situated?
A) Paris, France
B) Geneva, Switzerland
C) Washington D.C., USA
D) Vienna, Austria
28. Which four nations comprise the 'Quad' (Quadrilateral Security Dialogue) cooperative framework?
A) India, UK, France, Germany
B) India, Russia, China, Brazil
C) India, US, Japan, Australia
D) US, Canada, UK, Japan
29. The 'International North-South Transport Corridor' (INSTC) links India primarily to which region?
A) South America via Atlantic lines
B) Southeast Asia via Myanmar
C) East Africa
D) Russia and Europe through Iran
30. The 'BIMSTEC' regional grouping is structurally centered around nations bordering which major water basin?
A) Arabian Sea
B) South China Sea
C) Mediterranean Sea
D) Bay of Bengal
31. Where is the permanent secretariat of the Shanghai Cooperation Organisation (SCO) located?
A) Shanghai, China
B) Almaty, Kazakhstan
C) Beijing, China
D) Tashkent, Uzbekistan
32. The 'New Development Bank' (NDB), set up by the BRICS nations, is based out of which city?
A) New Delhi, India
B) Shanghai, China
C) Johannesburg, South Africa
D) Moscow, Russia
33. The 'Kigali Amendment' to the Montreal Protocol mandates the global phase-down of which substances?
A) Hydrofluorocarbons (HFCs)
B) Chlorofluorocarbons (CFCs)
C) Persistent Organic Pollutants (POPs)
D) Heavy metal mercury emissions
34. The 'Global Biofuel Alliance' (GBA) was officially launched during which global event?
A) COP28 Summit in Dubai
B) BRICS Summit in Kazan
C) India's G20 Presidency Summit in New Delhi
D) WEF Annual Meeting in Davos
35. Which country holds the rotating presidency of the BRICS grouping for the current term framework?
A) India
B) Brazil
C) China
D) Russia
Section 4: Economic Concepts & Reports
36. Which international institution periodically publishes the widely tracked 'World Economic Outlook' report?
A) World Bank
B) International Monetary Fund (IMF)
C) World Trade Organization (WTO)
D) World Economic Forum (WEF)
37. The 'Global Gender Gap Report' is an annual diagnostic benchmark index released by which body?
A) World Economic Forum (WEF)
B) UNDP
C) Amnesty International
D) Human Rights Watch
38. The 'Gini Coefficient' is a standard statistical parameter used in macroeconomics to measure:
A) Rate of industrial tech diffusion
B) Employment elasticity parameters
C) National income or wealth distribution inequality
D) Carbon footprint ratios per capita
39. In macroeconomics, 'Stagflation' refers to the simultaneous occurrence of:
A) High economic growth and rapid deflation
B) Zero unemployment and falling asset prices
C) High currency appreciation and export surplus
D) Stagnant economic growth, high unemployment, and high inflation
40. The 'Kuznets Curve' illustrates the relationship between which two structural economic variables?
A) Tax rates and total revenue collection
B) Economic development and income inequality
C) Short-run inflation rates and unemployment
D) Interest rates and private investment demand
41. The economic index 'Purchasing Power Parity' (PPP) adjusts international exchange rates based on:
A) Stock market index volatilities
B) Cost of living differences and local price levels of a fixed basket of goods
C) Forex accumulation paces of central banks
D) External sovereign debt-to-GDP dynamics
Section 5: Science, Technology & Environment
42. The term 'Quantum Supremacy' describes a milestone where a quantum processor:
A) Decrypts all existing global blockchain files simultaneously
B) Teleports data wirelessly across planetary networks
C) Solves a hyper-complex calculation practically impossible for classical supercomputers
D) Completely replaces traditional fiber-optic hardware infrastructure
43. What is the core educational function of the central platform known as 'DIKSHA'?
A) National digital infrastructure providing e-learning and teacher training materials
B) Conducting automated civil service exams
C) Allocation of engineering PhD research fellowships
D) Real-time midday meal nutritional quality grading
44. In cyber-security and media literacy, a 'Deepfake' is categorized as:
A) A hardware virus implanted in microprocessor silicon
B) Synthetic digital media where a person's identity is realistically manipulated using advanced AI
C) A fraudulent decentralized crypto token architecture
D) An encrypted military payload signal
45. The 'Samudra Manthan Mission' is an ambitious financial and strategic push directed toward which core sector in India?
A) Commercial satellite constellation launches
B) Semiconductor wafer cleanroom fabrication
C) High-speed coastal highway layout mapping
D) High-outlay deep-sea mineral and hydrocarbon exploration
Section 6: Sports & General Knowledge
46. Which nation won the ICC Men's T20 World Cup title in the 2024 edition played in the USA and West Indies?
A) Australia
B) South Africa
C) India
D) England
47. Which tennis icon holds the all-time historic record for securing 24 Men's Grand Slam singles titles?
A) Novak Djokovic
B) Roger Federer
C) Rafael Nadal
D) Pete Sampras
48. The global 'Ballon d'Or' trophy is awarded annually to honor elite individual performers in which sport?
A) Rugby Union
B) Formula 1 Racing
C) Association Football (Soccer)
D) Professional Golf
49. The 'Thomas Cup' (men's) and 'Uber Cup' (women's) are premier international team championships for:
A) Table Tennis
B) Badminton
C) Lawn Tennis
D) Chess
50. The historic 'Santosh Trophy' is contested annually within India as a premier national tournament in:
A) Field Hockey
B) Cricket
C) Football
D) Polo
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