Daily Current Affairs Quiz - 06th June 2026
Jun 08 2026
Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2026 of 06th June 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.
1) In FY 2026–27, the Government of India increased the investment limit for an individual Person Resident Outside India (PROI) under the Portfolio Investment Scheme (PIS) from 5% to what percentage in any listed Indian company?
(a) 6%
(b) 8%
(c) 10%
(d) 15%
(e) 24%
2) In June 2026, the Asian Development Bank (ADB) and Standard Chartered Bank signed a Risk Participation Arrangement (RPA) through GIFT City primarily to support which type of transactions?
(a) Euro-denominated transactions
(b) Yen-denominated transactions
(c) USD-denominated transactions
(d) Cryptocurrency transactions
(e) Domestic INR cash transactions
3) According to the OECD Economic Outlook: Under Pressure – June 2026 report, what is the revised GDP growth forecast for India for FY 2026–27 (FY27)?
(a) 5.8%
(b) 6.3%
(c) 6.2%
(d) 6.4%
(e) 7.6%
4) In June 2026, India’s first-ever export of botanical-infused ready-to-cook millet functional foods to New Zealand was facilitated by which organization?
(a) Food Safety and Standards Authority of India (FSSAI)
(b) National Bank for Agriculture and Rural Development (NABARD)
(c) Indian Council of Agricultural Research (ICAR)
(d) Agricultural and Processed Food Products Export Development Authority (APEDA)
(e) Small Farmers’ Agribusiness Consortium (SFAC)
5) Which wetland in Uttar Pradesh was designated as India’s 100th Ramsar Site on World Environment Day 2026?
(a) Nawabganj Bird Sanctuary
(b) Saman Bird Sanctuary
(c) Sur Sarovar Wetland
(d) Bakhira Wildlife Sanctuary
(e) Jai Prakash Narayan Bird Sanctuary (Surha Tal)
6) Which United Kingdom university received a Letter of Approval from the Ministry of Education to establish its campus in Bengaluru, Karnataka, in 2026?
(a) University of Liverpool
(b) University of Cambridge
(c) University of Manchester
(d) University of Oxford
(e) King's College London
7) From which date will the standardized vegan logo introduced by the Food Safety and Standards Authority of India (FSSAI) become mandatory for all approved vegan food products?
(a) 1 August 2026
(b) 1 July 2027
(c) 1 January 2027
(d) 1 July 2026
(e) 1 January 2028
8) Recently, the First World Yogasana Championship 2026 was inaugurated by Prime Minister Narendra Modi in which city?
(a) New Delhi
(b) Bengaluru
(c) Ahmedabad
(d) Hyderabad
(e) Jaipur
9) Which country was elected to the United Nations Security Council (UNSC) as a Non-Permanent Member for the first time since joining the United Nations in 1992?
(a) Austria
(b) Portugal
(c) Zimbabwe
(d) Kyrgyzstan
(e) Trinidad and Tobago
10) By how much have the financial powers for Indigenisation and Research & Development (R&D) been increased under the revised Delegation of Financial Powers for the Defence Services released in June 2026?
(a) 25%
(b) 50%
(c) 75%
(d) 100%
(e) 150%
11) Who has been appointed as Executive Director at the World Bank Headquarters in Washington, D.C., for a three-year tenure as approved by the Appointments Committee of the Cabinet (ACC) in 2026?
(a) Parameswaran Iyer
(b) Neelkanth Mishra
(c) Amitabh Kant
(d) Rajiv Kumar
(e) Subhash Chandra Garg
12) Who was sworn in as the 25th Chief Minister of Karnataka in 2026 after Siddaramaiah stepped down?
(a) G. Parameshwara
(b) Basavaraj Bommai
(c) R. Ashoka
(d) Priyank Kharge
(e) D. K. Shivakumar
13) Who secured a third consecutive term as Prime Minister of Denmark after forming a new centre-left coalition government following the March 2026 parliamentary elections?
(a) Mette Frederiksen
(b) Helle Thorning-Schmidt
(c) Lars Løkke Rasmussen
(d) Jakob Ellemann-Jensen
(e) Troels Lund Poulsen
14) As of 2026, Mera Yuva Bharat (MY Bharat) received a Guinness World Records title for achieving the highest number of users completing an online quiz in one week through which initiative?
(a) Fit India Quiz
(b) Yuva Utsav Quiz
(c) Viksit Bharat Young Leaders Dialogue (VBYLD) Quiz
(d) Khelo India Knowledge Challenge
(e) National Youth Parliament Quiz
15) Which bank won the Gold Award at the Finacle Innovation Awards 2026 in the category “Modern Technologies-led Innovation – Data Insights and Analytics Platform”?
(a) Punjab National Bank
(b) Bank of Baroda
(c) Union Bank of India
(d) Canara Bank
(e) Jammu and Kashmir Bank
16) As of 2026, India jointly launched the Critical Minerals Global Supply Chain Observatory (GSCO) with which country?
(a) Australia
(b) United States
(c) Japan
(d) Germany
(e) United Kingdom
17) Recently, West Bengal became which numbered Legislature in India to join the National e-Vidhan Application (NeVA) initiative after signing an MoU in 2026?
(a) 30th
(b) 31st
(c) 32nd
(d) 33rd
(e) 34th
18) Which investment firm acquired a 1.85% stake in GMR Airports Limited (GAL) from GQG Partners through an open market transaction in 2026?
(a) BlackRock
(b) Vanguard Group
(c) Fidelity International Limited
(d) Morgan Stanley
(e) Temasek Holdings
19) Which organization is supporting the newly announced digital portal that will provide patent filing support and research paper writing assistance to researchers, students, and innovators across India?
(a) Anusandhan National Research Foundation (ANRF)
(b) Indian Space Research Organisation (ISRO)
(c) Council of Scientific and Industrial Research (CSIR)
(d) Defence Research and Development Organisation (DRDO)
(e) Indian Council of Agricultural Research (ICAR)
20) In 2026, the Technology Development Board (TDB) extended support to Bioneemtec India Private Limited for a project focused on strengthening India's pharmaceutical manufacturing capabilities. Bioneemtec India Private Limited is based in which city?
(a) Hyderabad
(b) Bengaluru
(c) Ahmedabad
(d) Chennai
(e) Pune
21) As of 2026, the 3rd Cohort of ORBIT, an Atal Innovation Mission (AIM)-supported Space-Tech Accelerator Programme, inducted how many Space-Tech startups in 2026?
(a) 10
(b) 11
(c) 12
(d) 14
(e) 13
22) Which footballer of Indian origin is expected to represent New Zealand at the FIFA World Cup 2026?
(a) Sarpreet Singh
(b) Nishan Velupillay
(c) Samuel Moutoussamy
(d) Tahsin Mohammed Jamshid
(e) Brandon Fernandes
23) Recently, Marcia Lou Griffin, popularly known as Marcia Lucas, who passed away in 2026, was renowned for her contributions in which field?
(a) Music Composition
(b) Film Editing
(c) Screenwriting
(d) Cinematography
(e) Film Direction
24) As per the news, Standard Chartered Bank was formed in 1969 through the merger of the Standard Bank of British South Africa and which other bank?
(a) Chartered Bank of India, Australia and China
(b) Bank of England
(c) Hongkong and Shanghai Banking Corporation
(d) National Westminster Bank
(e) Lloyds Bank
25) Which wetland was designated as India's 99th Ramsar Site before the inclusion of Jai Prakash Narayan Bird Sanctuary (Surha Tal) as the 100th Ramsar Site?
(a) Patna Bird Sanctuary
(b) Chhari-Dhand
(c) Siliserh Lake
(d) Kopra Jalashay
(e) Shekha Jheel Bird Sanctuary
Answers:
1) Answer: C
Short Explanation:
The Ministry of Finance (MoF) announced a series of reforms to strengthen India's position as a global investment destination, deepen capital markets, and attract stable long-term foreign capital flows.
In the Union Budget FY 2026-27, the Government announced that individual Persons Resident Outside India (PROIs) will be allowed to invest in equity instruments of listed Indian companies through the Portfolio Investment Scheme (PIS).
Earlier, the Portfolio Investment Scheme (PIS) was available only to Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs).
The investment limit for an individual PROI under the Portfolio Investment Scheme (PIS) has been increased from 5% to 10% in any listed Indian company.
The overall investment limit for all individual PROIs under the scheme has been increased from 10% to 24%.
Detailed Explanation:
The Ministry of Finance (MoF) announced a series of reforms to strengthen India's position as a global investment destination, deepen capital markets, and attract stable long-term foreign capital flows.
The reforms aim to enhance the ease of investment for Persons Resident Outside India (PROIs) and Foreign Portfolio Investors (FPIs).
These measures are designed to make foreign investment in Indian Equities and Government Securities (G-Secs) more accessible, efficient, and globally competitive.
In the Union Budget FY 2026-27, the Government announced that individual Persons Resident Outside India (PROIs) will be allowed to invest in equity instruments of listed Indian companies through the Portfolio Investment Scheme (PIS).
Earlier, the Portfolio Investment Scheme (PIS) was available only to Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs).
The investment limit for an individual PROI under the Portfolio Investment Scheme (PIS) has been increased from 5% to 10% in any listed Indian company.
The overall investment limit for all individual PROIs under the scheme has been increased from 10% to 24%.
To implement these changes, the Department of Economic Affairs (DEA) is notifying the Foreign Exchange Management (Non-Debt Instruments) (Third Amendment) Rules, 2026.
The reform will facilitate greater mobilization of foreign portfolio capital through existing onboarding systems available for NRI and OCI investors.
2) Answer: C
Short Explanation:
Asian Development Bank (ADB) and Standard Chartered Bank signed agreements to strengthen Supply Chain Finance in India through risk-sharing arrangements.
The partnership covers both United States Dollar (USD) and Indian Rupee (INR) transactions.
The agreements were signed in Mumbai by Bhargav Dasgupta, Vice-President of ADB, and P. D. Singh, CEO of Standard Chartered Bank India & South Asia.
Detailed Explanation:
Asian Development Bank (ADB) and Standard Chartered Bank signed agreements to strengthen Supply Chain Finance in India through risk-sharing arrangements.
The partnership covers both United States Dollar (USD) and Indian Rupee (INR) transactions.
The agreements were signed in Mumbai by Bhargav Dasgupta, Vice-President of ADB, and P. D. Singh, CEO of Standard Chartered Bank India & South Asia.
The main objective of the partnership is to address financing gaps and strengthen risk-sharing mechanisms in India's supply chain finance ecosystem.
The partnership includes a Risk Participation Arrangement (RPA) through GIFT City to support USD-denominated transactions.
It also includes a Partial Guarantee Facility (PGF) agreement to facilitate onshore INR transactions.
The RPA and PGF arrangements are designed to expand access to Trade Finance and Supply Chain Finance for businesses in India.
The partnership will support the smooth flow of both Domestic Trade and Cross-Border Trade.
3) Answer: B
Short Explanation:
The Organisation for Economic Co-operation and Development (OECD) released its latest report titled “OECD Economic Outlook: Under Pressure – June 2026”.
The OECD raised India’s GDP Growth Forecast for FY 2026-27 (FY27) by 20 basis points (bps) to 6.3%, up from its earlier estimate of 6.1% released in March 2026.
Detailed Explanation:
The Organisation for Economic Co-operation and Development (OECD) released its latest report titled “OECD Economic Outlook: Under Pressure – June 2026”.
The OECD raised India’s GDP Growth Forecast for FY 2026-27 (FY27) by 20 basis points (bps) to 6.3%, up from its earlier estimate of 6.1% released in March 2026.
India’s Gross Domestic Product (GDP) growth is projected at 7.6% in FY26.
The report noted that higher energy prices are expected to influence India’s economic outlook.
India’s GDP Growth Rate is projected to increase marginally to 6.4% in FY28.
According to the OECD, India’s Inflation Rate is expected to rise from 2.1% in FY26 to 4.8% in FY27.
The projected 4.8% inflation rate is lower than the OECD’s previous estimate of 5.1%.
4) Answer: D
Short Explanation:
The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated India’s first-ever export of botanical-infused ready-to-cook millet functional foods to New Zealand.
The shipment was dispatched from Karnataka, marking a significant milestone in India's millet export journey.
Detailed Explanation:
The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated India’s first-ever export of botanical-infused ready-to-cook millet functional foods to New Zealand.
The shipment was dispatched from Karnataka, marking a significant milestone in India's millet export journey.
The consignment consisted of one metric tonne of value-added millet products exported by M/s Infini Agrotek LLP, Bengaluru.
The export showcases the growing global demand for millet-based and value-added food products.
Botanical-infused millet functional foods combine the nutritional benefits of millets with plant-based botanical ingredients to provide additional health benefits.
These products align with global trends such as healthy eating, plant-based nutrition, functional foods, sustainable agriculture and natural ingredients.
APEDA played a key role in facilitating market access and export promotion for the company.
About Agricultural and Processed Food Products Export Development Authority
Established: 1986
Parent Ministry: Ministry of Commerce and Industry,
Headquarters: New Delhi,
Chairman: Abhishek Dev
About New Zealand
Capital: Wellington,
Currency: New Zealand Dollar,
Prime Minister: Christopher Luxon
5) Answer: E
Short Explanation:
Jai Prakash Narayan Bird Sanctuary (Surha Tal) in Ballia district, Uttar Pradesh, has been designated as India’s 100th Ramsar Site.
The announcement was made on World Environment Day 2026, marking a significant milestone in India’s wetland conservation efforts.
With this recognition, the total number of Ramsar Sites in India has reached 100.
Detailed Explanation:
Jai Prakash Narayan Bird Sanctuary (Surha Tal) in Ballia district, Uttar Pradesh, has been designated as India’s 100th Ramsar Site.
The announcement was made on World Environment Day 2026, marking a significant milestone in India’s wetland conservation efforts.
With this recognition, the total number of Ramsar Sites in India has reached 100.
The site was designated under the Ramsar Convention on Wetlands, an international treaty for the conservation and wise use of wetlands.
The sanctuary, popularly known as Surha Tal, serves as an important habitat for numerous migratory and resident bird species.
The wetland plays a crucial role in biodiversity conservation, ecological balance, water regulation and providing breeding and feeding grounds for birds.
About Uttar Pradesh
Capital: Lucknow,
Chief Minister: Yogi Adityanath,
Governor: Anandiben Patel
6) Answer: A
Short Explanation:
The University of Liverpool, one of the United Kingdom’s leading universities, has received a Letter of Approval (LoA) from the Ministry of Education to establish its campus in Bengaluru, Karnataka.
The approval marks another significant step in implementing the National Education Policy 2020, which promotes the internationalisation of higher education in India.
The Letter of Approval was handed over by Dr. Vineet Joshi, Secretary, Department of Higher Education and Chairman of the University Grants Commission, to Professor Richard Grose, Provost of the University of Liverpool Bengaluru.
Detailed Explanation:
The University of Liverpool, one of the United Kingdom’s leading universities, has received a Letter of Approval (LoA) from the Ministry of Education to establish its campus in Bengaluru, Karnataka.
The approval marks another significant step in implementing the National Education Policy 2020, which promotes the internationalisation of higher education in India.
The Letter of Approval was handed over by Dr. Vineet Joshi, Secretary, Department of Higher Education and Chairman of the University Grants Commission, to Professor Richard Grose, Provost of the University of Liverpool Bengaluru.
The event was witnessed by Union Education Minister Dharmendra Pradhan, External Affairs Minister S. Jaishankar, and United Kingdom Foreign Secretary Yvette Cooper.
The campus is expected to improve access to global-quality education, enhance student mobility, strengthen international research collaboration, and boost academic competitiveness.
About University Grants Commission
Established: 1956
Headquarters: New Delhi
Chairman: Dr. Vineet Joshi
Parent Ministry: Ministry of Education
7) Answer: B
Short Explanation:
The Food Safety and Standards Authority of India (FSSAI) has introduced a standardized vegan logo for approved vegan food products in India.
The logo will become mandatory from 1 July 2027 for all approved vegan food products.
The initiative aims to provide consumers with a clear and reliable method of identifying vegan foods.
Detailed Explanation:
The Food Safety and Standards Authority of India (FSSAI) has introduced a standardized vegan logo for approved vegan food products in India.
The logo will become mandatory from 1 July 2027 for all approved vegan food products.
The initiative aims to provide consumers with a clear and reliable method of identifying vegan foods.
The requirement has been introduced under the amended Food Safety and Standards (Vegan Foods) Regulations.
All approved vegan food packages must display the logo in the prescribed format.
The logo has been designed as a green square-framed symbol featuring a stylized letter “V” and a sprouting leaf, representing sustainability and plant-based foods.
The logo certifies that the product is free from animal-derived ingredients, additives and processing aids.
8) Answer: C
Short Explanation:
Prime Minister Narendra Modi inaugurated the First World Yogasana Championship 2026 in Ahmedabad, Gujarat through a video message.
The championship is the first international event dedicated exclusively to Yogasana and aims to establish Yogasana as a competitive sport at the global level.
Detailed Explanation:
Prime Minister Narendra Modi inaugurated the First World Yogasana Championship 2026 in Ahmedabad, Gujarat through a video message.
The championship is the first international event dedicated exclusively to Yogasana and aims to establish Yogasana as a competitive sport at the global level.
Athletes from several countries are participating in the event, showcasing skills such as flexibility, balance, discipline, endurance and technical excellence.
The event reflects India's efforts to promote yoga beyond wellness and fitness and position it as a recognized international sporting discipline.
The championship is being held ahead of International Day of Yoga 2026, celebrated annually on 21 June.
Prime Minister Narendra Modi described the championship and International Day of Yoga celebrations as a "double dose of health and wellness".
9) Answer: D
Short Explanation:
The United Nations General Assembly elected Austria, Kyrgyzstan, Portugal, Trinidad and Tobago, and Zimbabwe as Non-Permanent Members of the United Nations Security Council (UNSC).
The election was held at the United Nations Headquarters in New York, USA.
The newly elected countries will serve a two-year term on the 15-member United Nations Security Council (UNSC).
Their term will begin on 1 January 2027 and continue until 31 December 2028.
Kyrgyzstan secured its first-ever term on the UNSC since becoming a member of the United Nations in 1992.
Detailed Explanation:
The United Nations General Assembly elected Austria, Kyrgyzstan, Portugal, Trinidad and Tobago, and Zimbabwe as Non-Permanent Members of the United Nations Security Council (UNSC).
The election was held at the United Nations Headquarters in New York, USA.
The newly elected countries will serve a two-year term on the 15-member United Nations Security Council (UNSC).
Their term will begin on 1 January 2027 and continue until 31 December 2028.
Kyrgyzstan secured its first-ever term on the UNSC since becoming a member of the United Nations in 1992.
The five newly elected countries will replace Denmark, Greece, Pakistan, Panama, and Somalia, whose terms end on 31 December 2026.
A total of 7 countries contested the election for 5 non-permanent UNSC seats.
10) Answer: D
Short Explanation:
Raksha Mantri Rajnath Singh released the revised Delegation of Financial Powers for the Defence Services on 4 June 2026.
The Financial Powers have been enhanced by up to 100%, and in some cases by more than double.
The revised powers aim to improve the operational efficiency of field commanders and ensure faster contract finalisation and project execution.
Financial powers for Indigenisation and Research & Development (R&D) have been doubled to promote Aatmanirbharta in Defence.
The move seeks to reduce dependence on Foreign Original Equipment Manufacturers (OEMs).
Detailed Explanation:
Raksha Mantri Rajnath Singh released the revised Delegation of Financial Powers for the Defence Services on 4 June 2026.
The Financial Powers have been enhanced by up to 100%, and in some cases by more than double.
The revised powers aim to improve the operational efficiency of field commanders and ensure faster contract finalisation and project execution.
Financial powers for Indigenisation and Research & Development (R&D) have been doubled to promote Aatmanirbharta in Defence.
The move seeks to reduce dependence on Foreign Original Equipment Manufacturers (OEMs).
The revised delegation will facilitate defence procurement worth more than ₹1.25 lakh crore through the revenue route.
Special Financial Powers of Army, Air Force, and Naval Commanders have been significantly increased.
The ceiling for meeting urgent operational requirements has been enhanced by 100%.
11) Answer: B
The Appointments Committee of the Cabinet (ACC) approved the appointment of Neelkanth Mishra as Executive Director at the World Bank Headquarters, Washington, D.C., USA.
Neelkanth Mishra has been appointed for a tenure of three years from the date of assuming charge.
He will succeed Parameswaran Iyer, a retired 1981-batch IAS officer of the Uttar Pradesh cadre.
The ACC also approved the extension of Parameswaran Iyer’s tenure until Neelkanth Mishra assumed charge.
12) Answer: E
Short Explanation:
D. K. Shivakumar of the Indian National Congress (INC) was sworn in as the 25th Chief Minister of Karnataka after Siddaramaiah stepped down following directions from the Congress high command.
The swearing-in ceremony was held at the Raj Bhavan, Bengaluru.
Thawar Chand Gehlot administered the Oath of Office and Secrecy under Article 164 of the Constitution of India.
Detailed Explanation:
D. K. Shivakumar of the Indian National Congress (INC) was sworn in as the 25th Chief Minister of Karnataka after Siddaramaiah stepped down following directions from the Congress high command.
The swearing-in ceremony was held at the Raj Bhavan, Bengaluru.
Thawar Chand Gehlot administered the Oath of Office and Secrecy under Article 164 of the Constitution of India.
D.K. Shivakumar represents the Kanakapura Assembly Constituency in Karnataka.
G. Parameshwara was sworn in as the Deputy Chief Minister of Karnataka.
Dr. G. Parameshwara previously held the Home Portfolio in the Siddaramaiah-led cabinet.
Along with the Chief Minister and Deputy Chief Minister, 12 legislators were sworn in as Cabinet Ministers.
13) Answer: A
Short Explanation:
Mette Frederiksen secured a third consecutive term as Prime Minister (PM) of Denmark after forming a new centre-left coalition government following the March 2026 parliamentary elections.
Mette Frederiksen is the leader of the Social Democrats, Denmark's major centre-left political party.
Detailed Explanation:
Mette Frederiksen secured a third consecutive term as Prime Minister (PM) of Denmark after forming a new centre-left coalition government following the March 2026 parliamentary elections.
Mette Frederiksen is the leader of the Social Democrats, Denmark's major centre-left political party.
Before entering politics, Mette Frederiksen worked as a trade unionist, gaining experience in labour and social welfare issues.
She was elected to the Danish Parliament (Folketing) for the first time in 2001.
She served as Minister of Employment in 2011 under Prime Minister Helle Thorning-Schmidt.
In 2014, she became Minister of Justice in the government of Helle Thorning-Schmidt.
About Denmark :
Capital : Copenhagen
Currency : Danish krone
14) Answer: C
Short Explanation:
Mera Yuva Bharat (MY Bharat) has been awarded a Guinness World Records title for the highest number of users completing an online quiz within one week.
The record was achieved through the Viksit Bharat Young Leaders Dialogue (VBYLD) Quiz, a nationwide youth engagement initiative.
Detailed Explanation:
Mera Yuva Bharat (MY Bharat) has been awarded a Guinness World Records title for the highest number of users completing an online quiz within one week.
The record was achieved through the Viksit Bharat Young Leaders Dialogue (VBYLD) Quiz, a nationwide youth engagement initiative.
390,812 participants successfully completed the full quiz during the official assessment period, setting the new world record.
The achievement was recognized under the category “Most Users to Take an Online Quiz in One Week”.
The Guinness World Records certificate was presented at Shram Shakti Bhawan, New Delhi.
The event was attended by Union Minister for Youth Affairs and Sports Dr. Mansukh Mandaviya, Minister of State Raksha Nikhil Khadse, senior ministry officials and representatives of Guinness World Records.
About Ministry of Youth Affairs and Sports
Union Minister: Dr. Mansukh Mandaviya.
Minister of State: Raksha Nikhil Khadse
15) Answer: E
Short Explanation:
Jammu and Kashmir Bank Limited won the Gold Award at the Finacle Innovation Awards 2026
The bank received the award in the category “Modern Technologies-led Innovation – Data Insights and Analytics Platform”.
The award was presented during the Finacle India Connect 2026 event organized by Infosys Finacle in Mumbai.
Detailed Explanation:
Jammu and Kashmir Bank Limited won the Gold Award at the Finacle Innovation Awards 2026
The bank received the award in the category “Modern Technologies-led Innovation – Data Insights and Analytics Platform”.
The award was presented during the Finacle India Connect 2026 event organized by Infosys Finacle in Mumbai.
The recognition highlights the bank’s adoption of Artificial Intelligence, Machine Learning and advanced data analytics to improve operational efficiency, customer experience and decision-making.
The award was received by Managing Director and Chief Executive Officer Amitava Chatterjee and General Manager (Strategy and Information Technology/Chief Information Officer) Mohammad Muzaffar Wani.
The bank’s Data Insights and Analytics Platform integrates Business Intelligence, Advanced Analytics, Reporting Systems, Artificial Intelligence applications and Machine Learning models.
About Jammu and Kashmir Bank Limited
Headquarters: Srinagar, Jammu and Kashmir.
Managing Director and Chief Executive Officer: Amitava Chatterjee.
Established: 1 October 1938
Tagline: Serving to Empower
16) Answer: E
Short Explanation:
India and the United Kingdom jointly launched the India–United Kingdom Critical Minerals Global Supply Chain Observatory (GSCO) in New Delhi.
The initiative was launched by Union Minister of Coal and Mines G. Kishan Reddy and United Kingdom Foreign Secretary Yvette Cooper.
Detailed Explanation:
India and the United Kingdom jointly launched the India–United Kingdom Critical Minerals Global Supply Chain Observatory (GSCO) in New Delhi.
The initiative was launched by Union Minister of Coal and Mines G. Kishan Reddy and United Kingdom Foreign Secretary Yvette Cooper.
The observatory aims to strengthen cooperation between the two countries in the field of critical minerals, which are essential for clean energy technologies and advanced manufacturing.
The initiative reflects the growing strategic partnership between India and the United Kingdom in ensuring secure and resilient critical mineral supply chains.
Critical minerals play a vital role in electric vehicle batteries, renewable energy systems, semiconductor manufacturing, defence technologies, advanced electronics and telecommunications infrastructure.
About United Kingdom
Capital: London.
Currency: Pound Sterling.
Prime Minister: Keir Starmer.
Foreign Secretary: Yvette Cooper
17) Answer: D
Short Explanation:
The West Bengal Legislative Assembly has signed a Memorandum of Understanding (MoU) for the implementation of the National e-Vidhan Application (NeVA).
With this, West Bengal has become the 33rd Legislature in India to join the NeVA initiative.
Detailed Explanation:
The West Bengal Legislative Assembly has signed a Memorandum of Understanding (MoU) for the implementation of the National e-Vidhan Application (NeVA).
With this, West Bengal has become the 33rd Legislature in India to join the NeVA initiative.
The tripartite MoU was signed in the presence of Union Minister of Parliamentary Affairs Kiren Rijiju, Minister of State Arjun Ram Meghwal, Minister of State L. Murugan, and the Speaker of the West Bengal Legislative Assembly.
NeVA is a Mission Mode Project of the Ministry of Parliamentary Affairs aimed at digitising and modernising the functioning of Parliament and State Legislatures through a common digital platform.
The initiative supports the vision of "One Nation – One Application" and promotes paperless, transparent, efficient and citizen-centric legislative governance.
According to the Ministry of Parliamentary Affairs, 21 Legislatures have already transitioned to fully digital functioning through the NeVA platform.
About Ministry of Parliamentary Affairs
Union Minister: Kiren Rijiju
Ministers of State: Arjun Ram Meghwal and L. Murugan
About West Bengal
Capital: Kolkata
Chief Minister: Suvendu Adhikari
Governor: R. N. Ravi
18) Answer: C
Short Explanation:
GQG Partners, a US-based investment firm, sold a 1.85% stake in GMR Airports Limited (GAL) through Open Market Operations (OMOs).
The total value of the transaction was approximately ₹1,906 crore.
The stake sale was executed through GQG Partners Emerging Markets Equity Fund, an affiliate of GQG Partners.
The buyer in the transaction was Fidelity International Limited (FIL).
The stake was acquired through Fidelity Investment Trust – Fidelity International Small Cap Fund, an affiliate of Fidelity International.
Detailed Explanation:
GQG Partners, a US-based investment firm, sold a 1.85% stake in GMR Airports Limited (GAL) through Open Market Operations (OMOs).
The total value of the transaction was approximately ₹1,906 crore.
The stake sale was executed through GQG Partners Emerging Markets Equity Fund, an affiliate of GQG Partners.
Under the deal, 19.50 crore equity shares of GMR Airports Limited (GAL) were sold.
The shares represented 1.85% ownership in GMR Airports Limited.
The transaction was carried out at an average price of ₹97.75 per share.
The buyer in the transaction was Fidelity International Limited (FIL).
The stake was acquired through Fidelity Investment Trust – Fidelity International Small Cap Fund, an affiliate of Fidelity International.
The transaction was completed through block deals/open market transactions on the National Stock Exchange (NSE).
Rajiv Jain-backed GQG Partners reduced its holding in GMR Airports Limited through this stake sale.
19) Answer: A
Short Explanation:
Dr. Jitendra Singh, Union Minister of State (Independent Charge) for Science & Technology and Earth Sciences, announced an ANRF-supported digital portal for researchers, students, and innovators across India.
The newly launched portal will provide training in patent filing support and research paper writing assistance.
The initiative aims to strengthen India’s research ecosystem by improving access to scientific writing, publication processes, and intellectual property resources.
Detailed Explanation:
Dr. Jitendra Singh, Union Minister of State (Independent Charge) for Science & Technology and Earth Sciences, announced an ANRF-supported digital portal for researchers, students, and innovators across India.
The newly launched portal will provide training in patent filing support and research paper writing assistance.
The initiative aims to strengthen India’s research ecosystem by improving access to scientific writing, publication processes, and intellectual property resources.
The announcement was made during a Joint Review Meeting of the Department of Science & Technology (DST), Department of Biotechnology (DBT), Department of Scientific and Industrial Research (DSIR), and Ministry of Earth Sciences (MoES).
The portal will serve as a capacity-building resource for researchers and young innovators across the country.
The platform will provide structured support in scientific writing, publication processes, intellectual property (IP) protection, and patent-related procedures.
The initiative is expected to improve the quality of research output, enhance innovation outcomes, and facilitate the conversion of scientific work into publications and patents.
20) Answer: D
Short Explanation:
The Technology Development Board (TDB) under the Department of Science & Technology (DST) has extended support to Bioneemtec India Private Limited, Chennai for a project aimed at strengthening India's pharmaceutical manufacturing capabilities.
The project is titled “Manufacturing of Minoxidil, Tranexamic Acid, Dequalinium Chloride, their Intermediates and Drug Liposomes.”
The initiative focuses on commercializing indigenous green chemistry technologies for the production of critical pharmaceutical ingredients and advanced drug delivery systems.
Detailed Explanation:
The Technology Development Board (TDB) under the Department of Science & Technology (DST) has extended support to Bioneemtec India Private Limited, Chennai for a project aimed at strengthening India's pharmaceutical manufacturing capabilities.
The project is titled “Manufacturing of Minoxidil, Tranexamic Acid, Dequalinium Chloride, their Intermediates and Drug Liposomes.”
The initiative focuses on commercializing indigenous green chemistry technologies for the production of critical pharmaceutical ingredients and advanced drug delivery systems.
The project supports national objectives such as Import Substitution, Sustainable Manufacturing, and Healthcare Security.
The project aims to establish advanced manufacturing capabilities for Pharmaceutical Intermediates, Active Pharmaceutical Ingredients (APIs), and Novel Drug Delivery Systems.
The manufacturing process will utilize Batch Chemistry and Continuous-Flow Chemistry Technologies to improve efficiency and sustainability.
The initiative is designed to enhance production efficiency, product quality, operational safety, and environmental sustainability.
21) Answer: E
Short Explanation:
Startup incubator Technology Hub(T-Hub) launched the 3rd Cohort of ORBIT, the Atal Innovation Mission (AIM)-supported Atal Innovation Incubation Centre (AIC)-T-Hub Space-Tech Accelerator Programme.
The 3rd Cohort of ORBIT inducted 13 Space-Tech Startups focused on developing innovative solutions for the Space Sector.
With the launch of Cohort 3, ORBIT has supported a total of 36 Space-Tech Startups.
Through its broader Space-Tech Initiatives, T-Hub has engaged with more than 100 Startups.
Detailed Explanation:
Startup incubator Technology Hub(T-Hub) launched the 3rd Cohort of ORBIT, the Atal Innovation Mission (AIM)-supported Atal Innovation Incubation Centre (AIC)-T-Hub Space-Tech Accelerator Programme.
The 3rd Cohort of ORBIT inducted 13 Space-Tech Startups focused on developing innovative solutions for the Space Sector.
With the launch of Cohort 3, ORBIT has supported a total of 36 Space-Tech Startups.
Through its broader Space-Tech Initiatives, T-Hub has engaged with more than 100 Startups.
The selected startups are working in advanced space domains such as Propulsion Systems, Orbital Servicing, Satellite Intelligence, Sovereign Compute, Space Energy Systems, Satellite Connectivity, and Downstream Geospatial Technologies.
The 13 selected startups are Sanyak Space Technologies, Trishul Space, Kessler Dynamics, Velotrax, Zoove Space, Space OS, Humanity Space, Landlens, STAR Labs, Red Balloon Aerospace, Astro Voltaics, Orbit Grid, and Nibiaa Devices.
22) Answer: A
Short Explanation:
India failed to qualify for the FIFA World Cup 2026, finishing third in Group A during the second round of the Asian qualifiers behind Qatar and Kuwait.
The 2026 edition marks the first FIFA World Cup to feature 48 teams, expanded from 32 teams.
Although India will not participate, several footballers of Indian origin are set to represent their respective nations at the tournament, highlighting the growing influence of the Indian diaspora in international football.
Sarpreet Singh is expected to represent New Zealand. Born in Wellington, his parents trace their roots to Jalandhar, Punjab. He previously played for FC Bayern Munich.
Tahsin Mohammed Jamshid is expected to represent Qatar. Born in Doha, his family originates from Kannur, Kerala.
Detailed Explanation:
India failed to qualify for the FIFA World Cup 2026, finishing third in Group A during the second round of the Asian qualifiers behind Qatar and Kuwait.
The 2026 edition marks the first FIFA World Cup to feature 48 teams, expanded from 32 teams.
Although India will not participate, several footballers of Indian origin are set to represent their respective nations at the tournament, highlighting the growing influence of the Indian diaspora in international football.
Sarpreet Singh is expected to represent New Zealand. Born in Wellington, his parents trace their roots to Jalandhar, Punjab. He previously played for FC Bayern Munich.
Tahsin Mohammed Jamshid is expected to represent Qatar. Born in Doha, his family originates from Kannur, Kerala.
Nishan Velupillay is expected to represent Australia. He has Sri Lankan Tamil and Anglo-Indian heritage and emerged through the youth system of Melbourne Victory FC.
Samuel Moutoussamy is expected to represent Democratic Republic of the Congo. His Indo-Guadeloupean family traces its ancestry to the Tamil community.
23) Answer: B
Short Explanation:
Marcia Lou Griffin (Marcia Lucas), the Academy Award-winning film editor best known for her work on the original Star Wars trilogy, passed away at the age of 80 in Rancho Mirage, California, USA.
She was born on 04 October 1945 in Modesto, California, United States of America (USA).
Marcia Lucas was a renowned film editor and one of the pioneering women editors of Hollywood's New Hollywood era.
Detailed Explanation:
Marcia Lou Griffin (Marcia Lucas), the Academy Award-winning film editor best known for her work on the original Star Wars trilogy, passed away at the age of 80 in Rancho Mirage, California, USA.
She was born on 04 October 1945 in Modesto, California, United States of America (USA).
Marcia Lucas was a renowned film editor and one of the pioneering women editors of Hollywood's New Hollywood era.
She played a significant role in shaping some of the most influential films of the 1970s and 1980s, particularly the original Star Wars trilogy.
She also received an Academy Award nomination for American Graffiti.
Marcia Lucas earned a British Academy of Film and Television Arts (BAFTA) Award nomination for Taxi Driver.
24) Answer: A
Standard Chartered Bank is a British multinational banking and financial services company headquartered in London.
It was formed in 1969 through the merger of the Standard Bank of British South Africa and the Chartered Bank of India, Australia and China.
25) Answer: E
Jai Prakash Narayan Bird Sanctuary (Surha Tal) in Ballia district, Uttar Pradesh, has been designated as India’s 100th Ramsar Site.
Recent additions to India's Ramsar List include Shekha Jheel Bird Sanctuary (99th Ramsar Site), Patna Bird Sanctuary, Chhari-Dhand, Siliserh Lake and Kopra Jalashay.
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