Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2026 of 05th March 2026. Daily GK quiz online for bank & competitive exam. Here we have given the Daily Current Affairs Quiz based on the previous days Daily Current Affairs updates. Candidates preparing for IBPS, SBI, RBI, RRB, SSC Exam 2026 & other competitive exams can make use of these Current Affairs Quiz.

 

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1) As of 2026, the renewed Bilateral Swap Arrangement (BSA) between India and Japan, effective from 28 February 2026, has a facility size of up to_________

(a) USD 50 billion

(b) USD 60 billion

(c) USD 75 billion

(d) USD 80 billion

(e) USD 100 billion

2) Consider the following statements regarding the Employees’ Provident Fund Organisation (EPFO) for 2025–26:

1. EPFO approved an interest rate of 8.25% on EPF deposits for 2025–26, the same as the previous year.
2. EPF interest is calculated on a monthly running balance and credited annually.
3. An EPF account is classified as inoperative if no contribution is received for three consecutive years after the member attains 55 years of age or from the date of retirement, whichever is later.

Which of the statements given above is/are correct?

(a) 1 and 2 only

(b) 2 and 3 only

(c) 1 and 3 only

(d) 1, 2 and 3

(e) 1 only

3) In 2026, which company was penalised by the Securities and Exchange Board of India (SEBI) with ₹10 lakh for financial misstatements?

(a) Tata Coffee Limited

(b) Coffee Day Enterprises

(c) Nestlé India

(d) Cafe Coffee India

(e) Amul Dairy

4) Consider the following statements regarding India’s Current Account Deficit (CAD) in Q3 FY2025–26:

1. India’s CAD widened to $13.2 billion, or 1.3% of GDP, mainly due to a higher merchandise trade deficit.
2. Goods exports stood at $111.7 billion, while imports rose to $205.3 billion.
3. Remittances from Indians abroad increased to $36.9 billion.

Which of the statements given above is/are correct?

(a) 1 and 2 only

(b) 2 and 3 only

(c) 1 and 3 only

(d) 1, 2 and 3

(e) 1 only

5) Which Indian fintech company will launch a stablecoin-backed prepaid card across nine countries by April 2026?

(a) Paytm

(b) Razorpay

(c) MobiKwik

(d) PhonePe

(e) Pine Labs

6) As of 2026, India INX Global Access (GA) partnered with which financial institution to expand access to global investment products for Indian investors?

(a) CitiBank IBU

(b) Standard Chartered IBU

(c) HSBC IBU

(d) Deutsche Bank IBU

(e) JPMorgan IBU

7) What is the name of the scheme introduced by the Central Board of Indirect Taxes and Customs (CBIC) allowing eligible importers to defer Customs duty payments?

(a) Deferred Import Duty Scheme (DIDS)

(b) Eligible Manufacturer Importers (EMI) scheme

(c) Customs Duty Deferral Programme (CDDP)

(d) Advance Import Clearance Scheme (AICS)

(e) Import Duty Payment Flexibility Scheme (IDPFS)

8) As of 2026, Prime Minister Narendra Modi launched which nationwide healthcare programme in Rajasthan targeting 14-year-old girls?

(a) National Immunisation Programme

(b) Gardasil Awareness Campaign

(c) Cervical Cancer Screening Initiative

(d) Adolescent Health & Wellness Scheme

(e) Human Papillomavirus (HPV) Vaccination Programme

 

9) Which mobile application was launched by the Bureau of Energy Efficiency (BEE) on its 25th Foundation Day?

(a) BEE Star Label Mobile Application

(b) Energy Saver App

(c) BEE@Home App

(d) Renewable Energy Tracker App

(e) Power Efficiency App

10) Which organisation is responsible for organising the second edition of the Indian Bison Fest in Odisha?

(a) Odisha Forest Department

(b) Debrigarh Wildlife Authority

(c) Sambalpur Wildlife Society

(d) Hirakud Wildlife Division

(e) Indian Bison Conservation Trust

11) What is the name of the initiative launched in Andhra Pradesh to address human–wildlife conflict?

(a) Project VANARA

(b) Project HANUMAN

(c) Wildlife Safety Mission

(d) Animal-Human Harmony Project

(e) Project NAGARA

12) Which official described the Bharat Steel 2026 Summit in New Delhi as a global platform to showcase India’s steel capabilities?

(a) Rajesh Khullar

(b) Sudhakar Dalela

(c) Amitabh Kant

(d) Arvind Kumar

(e) Piyush Goyal

13) Consider the following statements regarding the Haryana Budget 2026–27:

1. The total budget outlay for 2026–27 is ₹2,23,658 crore, a 10.28% increase over the revised estimate for 2025–26.
2. The fiscal deficit is projected at ₹40,293 crore, which is 2.65% of Gross State Domestic Product (GSDP).
3. An allocation of ₹474 crore has been made for the Haryana Artificial Intelligence Mission 2026 to train 1 lakh youth and integrate AI in government departments.

Which of the statements given above is/are correct?

(a) 1 and 2 only

(b) 2 and 3 only

(c) 1 and 3 only

(d) 1, 2 and 3

(e) 1 only


14) In 2026, the Central Warehousing Corporation celebrated its 70th Foundation Day at Bharat Mandapam, New Delhi. The Central Warehousing Corporation aspires to attain which status in the future?

(a) Navratna status

(b) Miniratna status

(c) Maharatna status

(d) Sagar Ratna status

(e) Udyog Ratna status

15) Which strategic maritime chokepoint carries about one-fifth of global oil and LNG trade and is critical for India’s energy security?

(a) Strait of Malacca

(b) Bab el-Mandeb Strait

(c) Gibraltar Strait

(d) Bosporus Strait

(e) Strait of Hormuz

16) Who assumed charge as Director General of Naval Armament (DGONA) in 2026?

(a) B. P. Singh

(b) Divakar Jayant

(c) Rajesh Kumar Singh

(d) Arun Kumar Saxena

(e) Manoj Joshi

17) As of 2026, INS Sudarshini visited which historic city as part of its Lokayan-26 expedition?

(a) Cairo

(b) Alexandria

(c) Port Said

(d) Suez

(e) Giza

18) In 2026, Scientists discovered evidence of Earth’s earliest animals in rocks dating back to which period?

(a) Archean

(b) Proterozoic

(c) Precambrian

(d) Cambrian

(e) Ordovician

19) Which company signed an MoU with the Indian Institute of Technology Kanpur to translate AI and intelligent systems research into enterprise-ready solutions?

(a) Infosys

(b) TCS

(c) Wipro

(d) HCL Technologies

(e) Tech Mahindra

20) In 2026, the Department of Higher Education, Nagaland signed an MoU with which organisation for meteorological collaboration?

(a) Indian Space Research Organisation (ISRO)

(b) India Meteorological Department (IMD)

(c) National Centre for Medium Range Weather Forecasting (NCMRWF)

(d) National Remote Sensing Centre (NRSC)

(e) Central Water Commission (CWC)

21) What is the name of the agreement formalised between the International Solar Alliance and IIT Delhi to strengthen renewable energy cooperation?

(a) Renewable Energy Partnership (REP)

(b) Global Energy Cooperation Framework (GECF)

(c) Clean Energy Collaboration Agreement (CECA)

(d) Solar Innovation Pact (SIP)

(e) Framework for Action (FFA)

22)  What guiding vision was adopted by India and Canada in their Joint Leaders Statement in March 2026?

(a) Make in India – Global Outreach

(b) Atmanirbhar Bharat – Self-Reliant Future

(c) Vasudhaiva Kutumbakam – One Earth, One Family, One Future

(d) Global Energy Security Partnership

(e) Indo-Canada Strategic Vision 2026

23) In 2026, a special edition of the ASMITA Women’s Sports League was launched in New Delhi to celebrate International Women’s Day. What does ASMITA stand for?

(a) Achieving Sports Milestone by Inspiring Women Through Action

(b) Advancement of Sports and Motivation in Training Activities

(c) Association for Sports Mentorship and Talent Advancement

(d) Athletic Skills and Motivation for Indian Talent Academy

(e) Action for Sports, Motivation, Inspiration, Training, and Achievement

24) In 2026, K. P. Unnikrishnan, who passed away, was a veteran in which field?

(a) Scientist

(b) Politician

(c) Artist

(d) Educator

(e) Diplomat

25) Which country recently (March 2026) banned unauthorised offshore issuance of stablecoins?

(a) Japan

(b) China

(c) South Korea

(d) Singapore

(e) India

Answers:

1) Answer: C

Short Explanation:

The Reserve Bank of India (RBI) and Bank of Japan (BoJ), acting as agents of the Ministry of Finance, Japan, signed the Third Amendment and Restatement Agreement of the Bilateral Swap Arrangement (BSA).

The renewed BSA became effective from 28 February 2026, with the facility size maintained at up to USD 75 billion.

Detailed Explanation:

The Reserve Bank of India (RBI) and Bank of Japan (BoJ), acting as agents of the Ministry of Finance, Japan, signed the Third Amendment and Restatement Agreement of the Bilateral Swap Arrangement (BSA).

The renewed BSA became effective from 28 February 2026, with the facility size maintained at up to USD 75 billion.

The BSA is a two-way currency swap framework, allowing both countries to exchange their local currencies for the US dollar.

The arrangement aims to strengthen and complement existing financial safety nets and enhance bilateral financial cooperation.

Both sides expressed confidence that the renewed pact will promote regional and global financial stability.

The BSA between India and Japan was originally signed in October 2018, with the first restatement in 2022, and the 2026 amendment marking the third restatement.

2) Answer: D

Short Explanation:

The Employees' Provident Fund Organisation (EPFO) approved an 8.25% interest rate on EPF deposits for 2025–26, retaining the same interest rate for the second consecutive year, ensuring stability of retirement savings returns.

The decision was taken during the 239th meeting of the Central Board of Trustees (CBT) chaired by Mansukh Mandaviya, Union Labour Minister.

Under EPF rules, an EPF account is classified as inoperative if no contribution is received for 3 consecutive years after a member attains 55 years of age or from the date of retirement, whichever is later.

Detailed Explanation:

The Employees' Provident Fund Organisation (EPFO) approved an 8.25% interest rate on EPF deposits for 2025–26, retaining the same interest rate for the second consecutive year, ensuring stability of retirement savings returns.

The decision was taken during the 239th meeting of the Central Board of Trustees (CBT) chaired by Mansukh Mandaviya, Union Labour Minister.

EPF interest is calculated on a monthly running balance basis and is credited annually to members’ accounts.

The CBT approved a one-time Amnesty Scheme to resolve compliance issues of income tax–recognised trusts under the EPF & MP Act, providing a six-month compliance window.

The scheme provides a waiver of damages, interest, and penalties for eligible establishments and is expected to resolve 100+ litigation cases, while protecting workers’ statutory social security benefits.

Under EPF rules, an EPF account is classified as inoperative if no contribution is received for 3 consecutive years after a member attains 55 years of age or from the date of retirement, whichever is later.

3) Answer: B

Short Explanation:

The Securities and Exchange Board of India (SEBI) imposed a ₹10 lakh penalty on Coffee Day Enterprises for financial misstatements in its financial reporting.

Nine other individuals, including current and former directors and key managerial personnel (KMPs), were also penalised, with fines ranging from ₹1 lakh to ₹5 lakh each.

Detailed Explanation:

The Securities and Exchange Board of India (SEBI) imposed a ₹10 lakh penalty on Coffee Day Enterprises for financial misstatements in its financial reporting.

Nine other individuals, including current and former directors and key managerial personnel (KMPs), were also penalised, with fines ranging from ₹1 lakh to ₹5 lakh each.

SEBI found that Coffee Day Enterprises had understated reported losses by not accounting for interest expenses in its financial statements.

The investigation covered financial statements from FY 2019–20 to FY 2023–24 and financial results from FY20 to Q2 FY25, indicating long-term financial reporting scrutiny.

4) Answer: D

Short Explanation:

India’s Current Account Deficit (CAD) widened to $13.2 billion (1.3% of GDP) in Q3 FY2025–26, compared to $11.3 billion (1.1% of GDP) in Q3 FY25, mainly due to a widening merchandise trade deficit.

The merchandise trade deficit expanded to $93.6 billion in Q3 FY26, compared to $79.3 billion in the same quarter last year, driven by higher imports compared to exports.

Remittances (Personal transfer receipts) increased to $36.9 billion, reflecting higher foreign income inflows from Indian workers abroad.

Detailed Explanation:

India’s Current Account Deficit (CAD) widened to $13.2 billion (1.3% of GDP) in Q3 FY2025–26, compared to $11.3 billion (1.1% of GDP) in Q3 FY25, mainly due to a widening merchandise trade deficit.

The merchandise trade deficit expanded to $93.6 billion in Q3 FY26, compared to $79.3 billion in the same quarter last year, driven by higher imports compared to exports.

Goods exports stood at $111.7 billion, while imports rose to $205.3 billion, indicating import-driven trade imbalance.

Reserve Bank of India (RBI) released the data, showing macroeconomic external sector trends for October–December FY26.

Remittances (Personal transfer receipts) increased to $36.9 billion, reflecting higher foreign income inflows from Indian workers abroad.

5) Answer: E

Short Explanation:

Pine Labs will launch a stablecoin-backed prepaid card across 9 countries in Middle East, Africa, and Southeast Asia by April 2026, marking the first such initiative by a listed Indian fintech company.

The product will not be launched in India or China due to regulatory restrictions on virtual currency products.

The prepaid card will be funded through users’ digital wallets holding stablecoins, enabling real-time conversion of stablecoins into local currencies at the point of sale (POS).

Detailed Explanation:

Pine Labs will launch a stablecoin-backed prepaid card across 9 countries in Middle East, Africa, and Southeast Asia by April 2026, marking the first such initiative by a listed Indian fintech company.

The product will not be launched in India or China due to regulatory restrictions on virtual currency products.

The prepaid card will be funded through users’ digital wallets holding stablecoins, enabling real-time conversion of stablecoins into local currencies at the point of sale (POS).

Global payment companies like Stripe, PayPal, and Klarna are already using stablecoins for cross-border payments, showing growing global acceptance of digital assets.

The market value of stablecoins has crossed $310 billion, led by US dollar-pegged stablecoins such as Tether and USDC, supporting international digital payment liquidity.

6) Answer: C

Short Explanation:

India INX Global Access IFSC Limited (India INX GA), a subsidiary of India International Exchange (India INX), entered into a strategic partnership with HSBC International Financial Services Centre Banking Unit (HSBC IBU) to expand structured access to global investment products for Indian investors through Gujarat International Finance Tec-City (GIFT City).

The partnership operates under a referral model, enabling HSBC IBU clients to use the India INX GA platform for international portfolio diversification within a regulated framework.

Detailed Explanation:

India INX Global Access IFSC Limited (India INX GA), a subsidiary of India International Exchange (India INX), entered into a strategic partnership with HSBC International Financial Services Centre Banking Unit (HSBC IBU) to expand structured access to global investment products for Indian investors through Gujarat International Finance Tec-City (GIFT City).

The partnership operates under a referral model, enabling HSBC IBU clients to use the India INX GA platform for international portfolio diversification within a regulated framework.

India INX GA is registered as a Global Access Provider (GAP) with the International Financial Services Centres Authority (IFSCA) to facilitate overseas investments through the International Financial Services Centre (IFSC).

Eligible investors can invest in foreign equities, Exchange-Traded Funds (ETFs), and other permitted securities across 135+ exchanges in 33 countries.

7) Answer: B

Short Explanation:

The Central Board of Indirect Taxes and Customs (CBIC) has introduced the Eligible Manufacturer Importers (EMI) scheme as announced in the Union Budget 2026–27.

Under the EMI scheme, eligible importers can clear goods without immediate Customs duty payment and instead pay duties monthly under the Deferred Payment of Import Duty Rules, 2016, improving cash flow and working capital management.

Detailed Explanation:

The Central Board of Indirect Taxes and Customs (CBIC) has introduced the Eligible Manufacturer Importers (EMI) scheme as announced in the Union Budget 2026–27.

Under the EMI scheme, eligible importers can clear goods without immediate Customs duty payment and instead pay duties monthly under the Deferred Payment of Import Duty Rules, 2016, improving cash flow and working capital management.

The scheme will be operational from 1 April 2026 to 31 March 2028, with applications open from 1 March 2026 on the AEO portal.

Eligibility is based on compliance history, GST and Customs records, turnover, financial standing, and past performance; existing AEO-T1 entities, including MSMEs, can also apply.

8) Answer: E

Short Explanation:

Prime Minister Narendra Modi visited Rajasthan and Gujarat to launch a major healthcare initiative and inaugurate large-scale development and industrial projects.

He launched the nationwide Human Papillomavirus Vaccination Programme at Kayad in Ajmer, Rajasthan, targeting 14-year-old girls across all States and Union Territories to prevent cervical cancer.

Detailed Explanation:

Prime Minister Narendra Modi visited Rajasthan and Gujarat to launch a major healthcare initiative and inaugurate large-scale development and industrial projects.

He launched the nationwide Human Papillomavirus Vaccination Programme at Kayad in Ajmer, Rajasthan, targeting 14-year-old girls across all States and Union Territories to prevent cervical cancer.

The programme uses single-dose Gardasil 4 vaccine, which protects against Human Papillomavirus types 16 and 18 (high-risk cancer-causing types) and types 6 and 11.

In Rajasthan, he inaugurated and laid the foundation stone of projects worth over Rs 16,680 crore, covering urban infrastructure, drinking water supply, roads, irrigation, energy and industrial development.

9) Answer: A

Short Explanation:

The Bureau of Energy Efficiency celebrated its 25th Foundation Day at India Habitat Centre, marking a milestone in India’s energy conservation journey.

Union Power Minister Manohar Lal Khattar unveiled the BEE@25 commemorative logo, launched the BEE Star Label Mobile Application, and introduced the Renewable Consumption Obligation Portal.

Detailed Explanation:

The Bureau of Energy Efficiency celebrated its 25th Foundation Day at India Habitat Centre, marking a milestone in India’s energy conservation journey.

Union Power Minister Manohar Lal Khattar unveiled the BEE@25 commemorative logo, launched the BEE Star Label Mobile Application, and introduced the Renewable Consumption Obligation Portal.

India has achieved a 36 per cent reduction in emissions intensity of Gross Domestic Product from 2005 levels.

India has reached 52 per cent non fossil fuel installed power capacity, achieving the target ahead of the 2030 timeline.

Energy efficiency was highlighted as India’s “First Fuel”, reducing the need for additional electricity generation capacity.

10) Answer: D

Solution: Short Explanation:

The second edition of the Indian Bison Fest will be held on 8 March 2026 at Zeropoint inside Debrigarh Wildlife Sanctuary in Sambalpur, Odisha

The festival is organised by the Hirakud Wildlife Division to promote conservation of the Indian bison (gaur) and highlight the sanctuary as a key conservation hub.

Detailed Explanation:

The second edition of the Indian Bison Fest will be held on 8 March 2026 at Zeropoint inside Debrigarh Wildlife Sanctuary in Sambalpur, Odisha

The festival is organised by the Hirakud Wildlife Division to promote conservation of the Indian bison (gaur) and highlight the sanctuary as a key conservation hub.

Latest census conducted in January 2026 recorded 848 gaurs, marking a net increase of 190 animals within one year.

Around 235 juveniles below two years, accounting for nearly 30 per cent of the population, indicating strong breeding success and healthy herd dynamics.

11) Answer: B

Short Explanation:

Deputy Chief Minister of Andhra Pradesh Pawan Kalyan launched Project HANUMAN to tackle the rising incidents of human–wildlife conflict in the state.

The initiative aims to reduce man–animal clashes, protect rural communities, and ensure the safety of wildlife, amid increasing cases of animals entering human settlements.

Detailed Explanation:

Deputy Chief Minister of Andhra Pradesh Pawan Kalyan launched Project HANUMAN to tackle the rising incidents of human–wildlife conflict in the state.

The initiative aims to reduce man–animal clashes, protect rural communities, and ensure the safety of wildlife, amid increasing cases of animals entering human settlements.

Project HANUMAN focuses on vulnerable districts experiencing frequent wildlife intrusion and crop damage.

Deployment of Rapid Response Teams for emergency handling of wildlife movement and conflict situations.

Use of technology-based monitoring systems to track animal movement and strengthen early warning mechanisms.

Improved coordination between Forest Department officials and local communities to ensure a structured crisis response.

12) Answer: B

Short Explanation:

India will host the Bharat Steel 2026 Summit in New Delhi from 16 April 2026 for two days, bringing together global leaders from steel, technology, mining and trading sectors to deliberate on the future of the next-generation steel ecosystem.

During an interaction with ambassadors in New Delhi, Sudhakar Dalela, Secretary in the Ministry of External Affairs, described the summit as a global platform to showcase India’s steel capabilities, attract investment, and encourage international technology partnerships.

Detailed Explanation:

India will host the Bharat Steel 2026 Summit in New Delhi from 16 April 2026 for two days, bringing together global leaders from steel, technology, mining and trading sectors to deliberate on the future of the next-generation steel ecosystem.

The summit aims to build a next-generation steel ecosystem, strengthen collaboration between policymakers and industry leaders, promote sustainable and green steel production, expand India’s global steel footprint, and enhance technological innovation in manufacturing.

The event will serve as a major policy–business dialogue platform, shaping the strategic direction of the steel sector while promoting sustainable industrial growth.

During an interaction with ambassadors in New Delhi, Sudhakar Dalela, Secretary in the Ministry of External Affairs, described the summit as a global platform to showcase India’s steel capabilities, attract investment, and encourage international technology partnerships.

13) Answer: D

Short Explanation:

Chief Minister and Finance Minister Nayab Singh Saini presented the Haryana Budget 2026–27 with a total outlay of ₹2,23,658 crore, marking a 10.28 percent increase over the revised estimate of ₹2,02,816 crore for 2025–26.

An allocation of ₹474 crore has been made for the Haryana Artificial Intelligence Mission 2026, aimed at training 1 lakh youth in Artificial Intelligence, integrating Artificial Intelligence-based models into government departments, and strengthening digital governance.

Detailed Explanation:

Chief Minister and Finance Minister Nayab Singh Saini presented the Haryana Budget 2026–27 with a total outlay of ₹2,23,658 crore, marking a 10.28 percent increase over the revised estimate of ₹2,02,816 crore for 2025–26.

The Budget projects a fiscal deficit of ₹40,293 crore, which is 2.65 percent of Gross State Domestic Product. Revenue deficit is estimated at 0.87 percent, effective revenue deficit at 0.41 percent, capital expenditure at 1.86 percent, and effective capital expenditure at 2.32 percent. The government reiterated its vision of making Haryana a trillion-dollar economy by 2047.

An allocation of ₹474 crore has been made for the Haryana Artificial Intelligence Mission 2026, aimed at training 1 lakh youth in Artificial Intelligence, integrating Artificial Intelligence-based models into government departments, and strengthening digital governance

14) Answer: C

Short Explanation:

The Central Warehousing Corporation celebrated its 70th Foundation Day at Bharat Mandapam, New Delhi.

The event was inaugurated by Union Minister Pralhad Joshi, in the presence of Minister of State B. L. Verma and senior officials.

The Union Minister praised the Central Warehousing Corporation for strengthening India’s food security and logistics system, and encouraged the organisation to aspire for Maharatna status in the future.

Detailed Explanation:

The Central Warehousing Corporation celebrated its 70th Foundation Day at Bharat Mandapam, New Delhi.

The event was inaugurated by Union Minister Pralhad Joshi, in the presence of Minister of State B. L. Verma and senior officials.

The Union Minister praised the Central Warehousing Corporation for strengthening India’s food security and logistics system, and encouraged the organisation to aspire for Maharatna status in the future.

A proposal was indicated to transform the Central Warehousing Corporation into a company with expanded operational scope, subject to approval at the highest level.

The Central Warehousing Corporation, established in 1957, operates under the Ministry of Consumer Affairs, Food and Public Distribution as a Central Public Sector Enterprise.

15) Answer: E

Short Explanation:

The Strait of Hormuz is a strategic maritime chokepoint carrying about one-fifth of global oil and LNG trade, and is currently facing disruption due to geopolitical tensions involving Iran, the United States, and Israel.

Even without a formal blockade, shipping companies and insurance firms have suspended operations, leaving hundreds of oil tankers anchored, creating volatility and uncertainty in global energy markets.

Detailed Explanation:

The Strait of Hormuz is a strategic maritime chokepoint carrying about one-fifth of global oil and LNG trade, and is currently facing disruption due to geopolitical tensions involving Iran, the United States, and Israel.

Even without a formal blockade, shipping companies and insurance firms have suspended operations, leaving hundreds of oil tankers anchored, creating volatility and uncertainty in global energy markets.

India is highly dependent on this route, with about 50% of its crude oil imports (2.5–2.7 million barrels per day) and around 60% of its LNG imports passing through the Strait of Hormuz, highlighting India’s energy security vulnerability.

The Strait of Hormuz is a narrow maritime chokepoint, approximately 55–95 km wide, located between Iran (north) and Oman and the United Arab Emirates (south).

It connects the Persian Gulf with the Gulf of Oman and the Arabian Sea, serving as the only sea exit route from the oil-rich Persian Gulf to the open ocean, making it a globally critical energy trade route.

16) Answer: A

B. P. Singh assumed charge as Director General of Naval Armament (DGONA) at Naval Headquarters, New Delhi.

He belongs to the 1994 batch of the Indian Naval Armament Service (INAS) and succeeded Shri Divakar Jayant, who superannuated on 28 February 2026 after distinguished service.

17) Answer: B

Short Explanation:

INS Sudarshini arrived at the historic Alexandria as part of its transoceanic expedition Lokayan-26, marking an important milestone in maritime training and diplomacy.

Detailed Explanation:

INS Sudarshini arrived at the historic Alexandria as part of its transoceanic expedition Lokayan-26, marking an important milestone in maritime training and diplomacy.

The vessel reached Alexandria after transiting north through the Suez Canal, a 193-km strategic maritime gateway connecting East and West global trade routes and serving as a major training experience for naval trainees.

The visit reinforces the “Bridges of Friendship” initiative, promoting maritime diplomacy and cultural cooperation between India and Egypt.

18) Answer: C

Short Explanation:

Scientists discovered evidence of Earth’s earliest animals in Precambrian rocks that are more than 541 million years old, pushing back the timeline of complex life evolution on Earth.

The study suggests that soft-bodied sea sponges were among the first animals in Earth’s oceans, existing before the Cambrian explosion, when major diversification of animal life occurred.

Detailed Explanation:

Scientists discovered evidence of Earth’s earliest animals in Precambrian rocks that are more than 541 million years old, pushing back the timeline of complex life evolution on Earth.

The study suggests that soft-bodied sea sponges were among the first animals in Earth’s oceans, existing before the Cambrian explosion, when major diversification of animal life occurred.

The research was conducted by scientists from the Massachusetts Institute of Technology and published in the Proceedings of the National Academy of Sciences.

Researchers detected chemical fossils called steranes, which are molecular biomarkers derived from sterols, essential components of eukaryotic cell membranes, indicating the presence of nucleus-bearing complex life forms.

The rock samples were dated to around 541 million years ago, just before the Cambrian boundary, and indicate that early animals survived in low-oxygen ancient ocean environments.

19) Answer: D

Short Explanation:

HCL Technologies signed a Memorandum of Understanding with Indian Institute of Technology Kanpur, Uttar Pradesh, to convert Artificial Intelligence and intelligent systems research into enterprise-ready solutions for Global Capability Centers.

Detailed Explanation:

HCL Technologies signed a Memorandum of Understanding with Indian Institute of Technology Kanpur, Uttar Pradesh, to convert Artificial Intelligence and intelligent systems research into enterprise-ready solutions for Global Capability Centers.

The Memorandum of Understanding was signed during the GCC 4.0: Co-Creating India’s Innovation Powerhouse Summit held in Hyderabad, Telangana.

The collaboration will focus on Artificial Intelligence, robotics, advanced engineering and next-generation technologies.

It will combine HCL Technologies’ Global Capability Center solutions with the research and startup ecosystem of Indian Institute of Technology Kanpur, enabling researchers to work on real-world industry challenges with research funding and mentorship support.

20) Answer: B

Short Explanation:

The Department of Higher Education, Nagaland signed a Memorandum of Understanding with the India Meteorological Department under the Ministry of Earth Sciences in Kohima, Nagaland.

The Memorandum of Understanding will remain valid for 20 years, establishing a long-term institutional partnership for academic collaboration, joint research, training and capacity building in meteorological and atmospheric sciences.

Detailed Explanation:

The Department of Higher Education, Nagaland signed a Memorandum of Understanding with the India Meteorological Department under the Ministry of Earth Sciences in Kohima, Nagaland.

The Memorandum of Understanding will remain valid for 20 years, establishing a long-term institutional partnership for academic collaboration, joint research, training and capacity building in meteorological and atmospheric sciences.

Under the agreement, an X-band Polarimetric Doppler Weather Radar will be installed at Dimapur Government College, Oriental Colony, Dimapur, to strengthen local weather monitoring infrastructure.

The radar will be installed under the Mission Mausam Scheme, launched in 2024 by the Government of India and implemented through the Ministry of Earth Sciences.

The initiative aims to improve high-resolution weather forecasting, early warning systems and modernisation of meteorological infrastructure.

21) Answer: E

Short Explanation:

The International Solar Alliance and Indian Institute of Technology Delhi formalised a Framework for Action in New Delhi to strengthen cooperation in renewable energy across International Solar Alliance Member Countries.

The agreement was signed by Ashish Khanna, Director General of the International Solar Alliance, and Rangan Banerjee, Director of the Indian Institute of Technology Delhi.

Detailed Explanation:

The International Solar Alliance and Indian Institute of Technology Delhi formalised a Framework for Action in New Delhi to strengthen cooperation in renewable energy across International Solar Alliance Member Countries.

The agreement was signed by Ashish Khanna, Director General of the International Solar Alliance, and Rangan Banerjee, Director of the Indian Institute of Technology Delhi.

The Framework aims to enhance collaboration with the Department of Energy Science and Engineering at Indian Institute of Technology Delhi to build global clean energy capacity.

Under previous cooperation, professionals from 18 developing countries in Africa and the Asia-Pacific were supported through the Master of Technology programme in Renewable Energy Technologies and Management.

22) Answer: C

Short Explanation:

Prime Minister Narendra Modi and Prime Minister Mark Carney issued a Joint Leaders Statement in March 2026 to reset bilateral relations, marking 79 years of diplomatic ties and adopting “Vasudhaiva Kutumbakam – One Earth, One Family, One Future” as the guiding vision.

Launch of the India–Canada Strategic Energy Partnership covering clean energy, conventional energy, civil nuclear energy and critical minerals, along with relaunch of the Ministerial Energy Dialogue.

Detailed Explanation:

Prime Minister Narendra Modi and Prime Minister Mark Carney issued a Joint Leaders Statement in March 2026 to reset bilateral relations, marking 79 years of diplomatic ties and adopting “Vasudhaiva Kutumbakam – One Earth, One Family, One Future” as the guiding vision.

Launch of the India–Canada Strategic Energy Partnership covering clean energy, conventional energy, civil nuclear energy and critical minerals, along with relaunch of the Ministerial Energy Dialogue.

Signing of a Canadian Dollar 2.6 billion uranium supply agreement between Cameco and India’s Department of Atomic Energy to strengthen civil nuclear energy capacity.

23) Answer: A

Short Explanation:

Minister of State for Youth Affairs and Sports Raksha Nikhil Khadse announced a special edition of the ASMITA Women’s Sports League in New Delhi to mark International Women’s Day on 8 March 2026.

ASMITA stands for Achieving Sports Milestone by Inspiring Women Through Action, and the league aims to provide a competitive platform for female athletes at the grassroots level across India.

Detailed Explanation:

Minister of State for Youth Affairs and Sports Raksha Nikhil Khadse announced a special edition of the ASMITA Women’s Sports League in New Delhi to mark International Women’s Day on 8 March 2026.

ASMITA stands for Achieving Sports Milestone by Inspiring Women Through Action, and the league aims to provide a competitive platform for female athletes at the grassroots level across India.

The initiative seeks to empower women athletes, promote grassroots sports participation, identify and nurture young talent, and strengthen sports culture nationwide, reflecting the government’s commitment to gender equality in sports.

Competitions under ASMITA Women’s Sports League 2026 will be held in three age categories: Under 13 years, 13 to 18 years, and 18 years and above.

Canada’s commitment to expand Liquefied Natural Gas production to 50 million tonnes annually by 2030 to boost long-term energy trade.

Signing of a Critical Minerals Cooperation Memorandum of Understanding to support resilient supply chains under the Group of Seven Critical Minerals Action Plan.

24) Answer: B

Short Explanation:

K. P. Unnikrishnan, veteran politician and former Union Minister, passed away at the age of 90 in Kozhikode, Kerala.

He was born on 20 September 1936 in Koyilandy, Kozhikode, and remained a significant figure in Indian parliamentary politics for over three decades.

Detailed Explanation:

K. P. Unnikrishnan, veteran politician and former Union Minister, passed away at the age of 90 in Kozhikode, Kerala.

He was born on 20 September 1936 in Koyilandy, Kozhikode, and remained a significant figure in Indian parliamentary politics for over three decades.

Before entering politics, he began his professional career in journalism and was associated with Mathrubhumi, a leading Malayalam daily newspaper.

He joined the Indian National Congress (INC) in the 1960s, marking the beginning of his active political career.

25) Answer: B

China recently banned unauthorised offshore issuance of yuan-linked stablecoins and is tightening cryptocurrency regulations.

Pine Labs will launch a stablecoin-backed prepaid card across 9 countries in Middle East, Africa, and Southeast Asia by April 2026, marking the first such initiative by a listed Indian fintech company.