Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2026 of  08th July  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) Recently in news, which non-banking financial company (NBFC) was penalised ₹6.20 lakh by the Reserve Bank of India (RBI) for violations related to KYC Directions and the Fair Practices Code, including failure to implement robust software for identifying suspicious transactions?

(a) Can Fin Homes Limited

(b) Pahal Financial Services Private Limited

(c) Five Star Business Finance Limited

(d) Bajaj Finance Limited

(e) LIC Housing Finance Limited

2) Recently in news, what was India’s external debt-to-GDP ratio as of 31 March 2026, according to the latest data?

(a) 18.9%

(b) 19.8%

(c) 20.8%

(d) 21.6%

(e) 22.0%

 

3) Recently in news, consider the following statements regarding monetary penalties imposed by the Reserve Bank of India (RBI):

1. Repco Home Finance Limited was penalised ₹70,000 for violating the Fair Practice Code.
2. True Credits Private Limited was penalised ₹3.10 lakh for non-compliance with KYC Directions.
3. The penalties were imposed after statutory inspections based on the financial position as of 31 March 2025.

Which of the statements given above are correct?

(a) 1 and 2 only

(b) 2 and 3 only

(c) 1 and 3 only

(d) 1 only

(e) All the above

 

4) Recently in news, consider the following statements regarding the Reserve Bank of India’s Benchmark Issuance Strategy (BIS) and Treasury Bills calendar:

1. The RBI expanded the Benchmark Issuance Strategy (BIS) from 9 States to 18 States and the Union Territory of Delhi from Q2 of FY 2026–27.
2. Under BIS, State Development Loans (SDLs) are issued only through ad hoc issuances without any fixed issuance calendar.
3. The RBI plans to raise ₹3,36,000 crore through weekly auctions of 91-day, 182-day, and 364-day Treasury Bills during the July–September 2026 quarter.

Which of the statements given above is incorrect?

(a) 1 only

(b) 2 only

(c) 3 only

(d) 1 and 2 only

(e) None of the above

5) Recently in news, the ‘Clean Air, Healthy Delhi’ Project approved by the Delhi Government will be implemented for which period?

(a) April 2026 to March 2032

(b) September 2026 to August 2033

(c) January 2027 to December 2033

(d) July 2026 to June 2032

(e) October 2026 to September 2034

6) Recently in news, Jalalabad town in Shahjahanpur district of Uttar Pradesh has been renamed as which of the following?

(a) Parashurampuri

(b) Ramnagar

(c) Krishnapuri

(d) Ayodhyadham

(e) Shivpuri

 

7) Recently in news, the Pradhan Mantri Cha Shramik Protsahan Yojana (PMCSPY) approved by the West Bengal Government is aimed at benefiting which group?

(a) Jute mill workers of South Bengal

(b) Handloom workers of Murshidabad

(c) Coal mine workers of Asansol region

(d) Fisherfolk of coastal West Bengal

(e) Tea garden workers of North Bengal

 

8) Recently in news, which became the first fruit from Haryana to receive a Geographical Indication (GI) tag?

(a) Hisar Guava

(b) Rohtak Ber

(c) Karnal Mango

(d) Sirsa Kinnow

(e) Panipat Pomegranate

9) Recently in news, the Uttar Pradesh Data Centre Policy 2026 aims to attract investments of over how much to establish Uttar Pradesh as a hub for green and AI-enabled data centres?

(a) ₹50,000 crore

(b) ₹75,000 crore

(c) ₹1 lakh crore

(d) ₹2 lakh crore

(e) ₹3 lakh crore

10) Recently in news, Gujarat’s first air-filled rubber dams are being constructed on which of the following rivers?

(a) Narmada and Tapi

(b) Sabarmati and Mahi

(c) Heran and Ambika

(d) Banas and Saraswati

(e) Vishwamitri and Orsang

 

11) Recently in news, which Union Minister announced the establishment of a Cooperative Life Insurance Company during the Fifth Foundation Day of the Ministry of Cooperation?

(a) Amit Shah

(b) Piyush Goyal

(c) Nirmala Sitharaman

(d) Shivraj Singh Chouhan

(e) Dharmendra Pradhan

12) Recently in news, Prime Minister Narendra Modi was conferred which of the following highest civilian awards of Indonesia during his visit to Jakarta?

(a) Order of Temasek

(b) Bintang Adipurna

(c) Nishan-e-Pakistan

(d) Order of the Rising Sun

(e) Grand Collar of the State of Palestine

13) Recently in news, consider the following statements regarding the United Nations Sustainable Development Goals (SDG) Index 2026:

1. India ranked 94th among 167 countries in the SDG Index 2026 with a score of 68.3.
2. The Sustainable Development Report 2026 was released by the United Nations Sustainable Development Solutions Network (SDSN).
3. India ranked ahead of Bhutan, Maldives, Nepal, and Sri Lanka in South Asia in the SDG Index 2026.

Which of the statements given above are correct?

(a) 1 and 2 only

(b) 2 and 3 only

(c) 1 and 3 only

(d) All the above

(e) 1 only

 

14) Recently in news, State Bank of India (SBI) acquired whose 10% stake in RMBS Development Company Limited (RDCL)?

(a) Reserve Bank of India

(b) SIDBI

(c) NABARD

(d) National Housing Bank

(e) LIC Housing Finance

15) Recently in news, INS Mahendragiri, the sixth Project 17A indigenous stealth frigate of the Indian Navy, has been constructed by which shipyard?

(a) Garden Reach Shipbuilders & Engineers (GRSE)

(b) Cochin Shipyard Limited

(c) Goa Shipyard Limited

(d) Mazagon Dock Shipbuilders Limited

(e) Hindustan Shipyard Limited

 

16) Recently in news, the first static ground test of ISRO’s Sub-Orbital Launch Vehicle for Experiments (SOLVE) was conducted at which centre?

(a) Vikram Sarabhai Space Centre

(b) U R Rao Satellite Centre

(c) Satish Dhawan Space Centre

(d) Liquid Propulsion Systems Centre

(e) Human Space Flight Centre

 

17) Recently in news, Indiahandmade—launched in 2023 under the Digital India Initiative—is a digital marketplace developed to promote which sector?

(a) Food processing and agri-tech products

(b) Electronics manufacturing and startups

(c) Tourism and hospitality services

(d) Renewable energy equipment

(e) Handloom and handicraft products

18) Recently in news, Vaidya Rajesh Kotecha chaired which Executive Committee meeting of the Central Council for Research in Ayurvedic Sciences (CCRAS) in New Delhi?

(a) 2nd

(b) 3rd

(c) 4th

(d) 5th

(e) 6th

 

19) Recently in the news, what was the theme of the 29th National Conference on e-Governance (NCeG 2026)?

(a) Digital India for Inclusive Growth

(b) Smart Governance through Blockchain and AI

(c) Viksit Bharat 2047: AI-enabled, Data-driven & Secure Digital Governance

(d) e-Governance for Sustainable Development Goals

(e) Citizen-Centric Governance in the Digital Era

 

20) Recently in news, Teejan Bai, who passed away recently, was associated with which traditional folk art form?

(a) Pandavani

(b) Yakshagana

(c) Lavani

(d) Tamasha

(e) Baul

Answers:

1) Answer: C

Short Explanation:

The Reserve Bank of India (RBI) imposed monetary penalties on Five Star Business Finance Limited, Can Fin Homes Limited, and Pahal Financial Services Private Limited for violating Know Your Customer (KYC) Directions and the Fair Practices Code.

Five Star Business Finance Limited was penalised ₹6.20 lakh by the RBI.

Can Fin Homes Limited was penalised ₹2.70 lakh by the RBI.

Pahal Financial Services Private Limited was penalised ₹3.10 lakh by the RBI.

Detailed Explanation:

The Reserve Bank of India (RBI) imposed monetary penalties on Five Star Business Finance Limited, Can Fin Homes Limited, and Pahal Financial Services Private Limited for violating Know Your Customer (KYC) Directions and the Fair Practices Code.

Five Star Business Finance Limited was penalised ₹6.20 lakh by the RBI.

Can Fin Homes Limited was penalised ₹2.70 lakh by the RBI.

Pahal Financial Services Private Limited was penalised ₹3.10 lakh by the RBI.

Five Star Business Finance Limited was penalised for failing to implement robust software to identify and report suspicious transactions.

Five Star Business Finance Limited also failed to disclose the risk gradation methodology and the rationale for charging different interest rates to borrowers.

2) Answer: C

Short Explanation:

India's external debt increased to US$ 762.8 billion as of 31 March 2026, registering an increase of US$ 26.3 billion over the previous year.

The external debt-to-GDP ratio rose from 19.8% (March 2025) to 20.8% (March 2026).

The share of short-term external debt increased to 19.6% of total external debt.

The ratio of short-term external debt to foreign exchange reserves increased to 21.6%, indicating higher short-term repayment obligations.

US dollar-denominated debt remained the largest component of India's external debt, accounting for 55.5% of the total.

Detailed Explanation:

India's external debt increased to US$ 762.8 billion as of 31 March 2026, registering an increase of US$ 26.3 billion over the previous year.

The external debt-to-GDP ratio rose from 19.8% (March 2025) to 20.8% (March 2026).

The share of short-term external debt increased to 19.6% of total external debt.

The ratio of short-term external debt to foreign exchange reserves increased to 21.6%, indicating higher short-term repayment obligations.

US dollar-denominated debt remained the largest component of India's external debt, accounting for 55.5% of the total.

The currency-wise composition of India's external debt was: US Dollar – 55.5%, Indian Rupee – 29.4%, Japanese Yen – 6.4%, Special Drawing Rights (SDR) – 4.3%, and Euro – 3.7%.

Non-financial corporations held the largest share of India's external debt at 36.4%.

Deposit-taking corporations accounted for 26.5%, followed by the General Government (22.0%) and Other Financial Corporations (10.2%) of total external debt.

3) Answer: E

Short Explanation:

The Reserve Bank of India (RBI) imposed a monetary penalty of ₹70,000 on Repco Home Finance Limited for violating the Fair Practice Code.

The RBI also imposed a monetary penalty of ₹3.10 lakh on True Credits Private Limited for non-compliance with Know Your Customer (KYC) Directions.

Detailed Explanation:

The Reserve Bank of India (RBI) imposed a monetary penalty of ₹70,000 on Repco Home Finance Limited for violating the Fair Practice Code.

The RBI also imposed a monetary penalty of ₹3.10 lakh on True Credits Private Limited for non-compliance with Know Your Customer (KYC) Directions.

Repco Home Finance Limited failed to disclose its risk gradation methodology and the rationale for charging different interest rates to different categories of borrowers in application forms and sanction letters.

True Credits Private Limited failed to conduct Enhanced Due Diligence (EDD) for certain customers onboarded through non-face-to-face modes, violating the RBI's KYC Directions.

The penalties were imposed after statutory inspections based on the companies' financial position as of 31 March 2025.

4) Answer: B

Short Explanation:

The Reserve Bank of India (RBI) expanded the Benchmark Issuance Strategy (BIS) from 9 States to 18 States and the Union Territory of Delhi from Q2 of FY 2026–27.

The expansion of the Benchmark Issuance Strategy (BIS) aims to enhance transparency, improve price discovery, and provide greater clarity to investors in State Government Securities (SGSs).

Under the Benchmark Issuance Strategy (BIS), State Development Loans (SDLs) are issued in pre-announced benchmark maturity buckets through a fixed issuance calendar.

Detailed Explanation:

The Reserve Bank of India (RBI) expanded the Benchmark Issuance Strategy (BIS) from 9 States to 18 States and the Union Territory of Delhi from Q2 of FY 2026–27.

The expansion of the Benchmark Issuance Strategy (BIS) aims to enhance transparency, improve price discovery, and provide greater clarity to investors in State Government Securities (SGSs).

Under the Benchmark Issuance Strategy (BIS), State Development Loans (SDLs) are issued in pre-announced benchmark maturity buckets through a fixed issuance calendar.

The BIS framework helps create more liquid, predictable, and efficient bond markets for State Development Loans (SDLs).

The total market borrowing by States and Union Territories (UTs) for the July–September 2026 quarter is estimated at ₹3,18,816 crore.

The RBI will conduct State Development Loan (SDL) auctions in a non-disruptive manner, considering market conditions and borrowing requirements.

The RBI also released the Treasury Bills (T-Bills) Issuance Calendar for the July–September 2026 quarter.

The RBI plans to raise ₹3,36,000 crore through weekly auctions of 91-day, 182-day, and 364-day Treasury Bills (T-Bills).

The Treasury Bills (T-Bills) are issued in three maturities: 91-day, 182-day, and 364-day.

5) Answer: B

Short Explanation:

The Delhi Government approved the ₹8,300 crore ‘Clean Air, Healthy Delhi’ Project to combat air pollution and improve environmental quality in the national capital.

The seven-year project will be implemented from September 2026 to August 2033 and aims to accelerate Delhi's air pollution mitigation plan in line with the National Clean Air Programme (NCAP).

Detailed Explanation:

The Delhi Government approved the ₹8,300 crore ‘Clean Air, Healthy Delhi’ Project to combat air pollution and improve environmental quality in the national capital.

The seven-year project will be implemented from September 2026 to August 2033 and aims to accelerate Delhi's air pollution mitigation plan in line with the National Clean Air Programme (NCAP).

The project will be supported by the World Bank and other multilateral institutions, with 65% of the funding provided by the World Bank and the remaining 35% contributed by the Delhi Government.

Chief Minister Rekha Gupta announced that the project will be implemented across all districts of Delhi, with a stakeholder workshop scheduled for 10 July 2026 to finalise the implementation roadmap.

The initiative will focus on major pollution sources, including transport, road dust, construction and demolition (C&D) waste, solid waste management, industries, green spaces, and water pollution.

6) Answer: A

Short Explanation:

The Uttar Pradesh Cabinet, chaired by Chief Minister Yogi Adityanath, approved the proposal to rename Jalalabad town in Shahjahanpur district as Parashurampuri.

The decision was taken after the Central Government conveyed no objection to the proposal, paving the way for the state government's approval.

Following the Cabinet's decision, the concerned departments will complete the required administrative and legal formalities to officially implement the new name.

Detailed Explanation:

The Uttar Pradesh Cabinet, chaired by Chief Minister Yogi Adityanath, approved the proposal to rename Jalalabad town in Shahjahanpur district as Parashurampuri.

The decision was taken after the Central Government conveyed no objection to the proposal, paving the way for the state government's approval.

Following the Cabinet's decision, the concerned departments will complete the required administrative and legal formalities to officially implement the new name.

According to the state government, the renaming was based on the demand of local residents to reflect the town's historical, cultural, and religious significance.

The government stated that Jalalabad is traditionally regarded as the birthplace of Lord Parashurama, and the new name Parashurampuri recognises this historical and religious association.

The town was named Jalalabad during the Mughal period, reportedly after Jalal-ud-din Muhammad Akbar.

 

7) Answer: E

Short Explanation:

The West Bengal Government approved the implementation strategy of the Pradhan Mantri Cha Shramik Protsahan Yojana (PMCSPY) to improve the socio-economic conditions of tea garden workers in North Bengal.

The state-level committee approved a special assistance package of ₹313.3 crore, which is expected to benefit over 3 lakh tea plantation workers and their families.

The scheme aims to enhance education, healthcare, worker welfare infrastructure, and essential public services for tea garden workers.

The scheme will primarily cover tea gardens in the North Bengal plains and hilly regions, where the tea industry is a major source of livelihood.

Detailed Explanation:

The West Bengal Government approved the implementation strategy of the Pradhan Mantri Cha Shramik Protsahan Yojana (PMCSPY) to improve the socio-economic conditions of tea garden workers in North Bengal.

The state-level committee approved a special assistance package of ₹313.3 crore, which is expected to benefit over 3 lakh tea plantation workers and their families.

The scheme aims to enhance education, healthcare, worker welfare infrastructure, and essential public services for tea garden workers.

The ₹313.3 crore package has been allocated under three major components:

₹177 crore for Cha Shramik Shiksha Yojana (CSSY) to upgrade educational infrastructure and improve access to quality education.

₹72 crore for Cha Shramik Swasthya Suraksha Yojana (CSSSY) to strengthen healthcare facilities and medical infrastructure.

₹63 crore for Cha Shramik Ashray Yojana (CSAY) to construct 321 rest sheds, including 88 in hilly areas and 233 in the North Bengal plains.

The scheme will primarily cover tea gardens in the North Bengal plains and hilly regions, where the tea industry is a major source of livelihood.

 

8) Answer: D

Short Explanation:

Sirsa Kinnow became the first fruit from Haryana to receive the Geographical Indication (GI) tag, recognising its unique quality and geographical origin.

The Geographical Indications Registry, Chennai granted the GI registration to the Kharisuverian Farmer Producer Company, Sirsa.

The GI application was filed on 16 June 2023, and the registration certificate was issued on 28 March 2026.

Detailed Explanation:

Sirsa Kinnow became the first fruit from Haryana to receive the Geographical Indication (GI) tag, recognising its unique quality and geographical origin.

The Geographical Indications Registry, Chennai granted the GI registration to the Kharisuverian Farmer Producer Company, Sirsa.

The GI application was filed on 16 June 2023, and the registration certificate was issued on 28 March 2026.

The GI tag recognises the distinctive taste, quality, and characteristics of Sirsa Kinnow, which are attributed to the region's favourable climatic and geographical conditions.

Sirsa Kinnow is known for its sweet taste, high juice content, large fruit size, and attractive colour, making it one of the premium kinnow varieties in India.

The GI certification is expected to enhance the commercial value of Sirsa Kinnow, prevent counterfeiting, strengthen its brand identity, and improve farmers' income through better domestic and export market opportunities.

 

9) Answer: D

Short Explanation:

The Uttar Pradesh Cabinet, chaired by Chief Minister Yogi Adityanath, approved the Uttar Pradesh Data Centre Policy 2026 to establish the state as a leading hub for green and Artificial Intelligence (AI)-enabled data centres.

The policy aims to attract investments of over ₹2 lakh crore and expand the state's data centre capacity to 2 GW.

It replaces the Uttar Pradesh Data Centre Policy 2021, which expired in January 2026, with a renewed framework for advanced data centre infrastructure.

Detailed Explanation:

The Uttar Pradesh Cabinet, chaired by Chief Minister Yogi Adityanath, approved the Uttar Pradesh Data Centre Policy 2026 to establish the state as a leading hub for green and Artificial Intelligence (AI)-enabled data centres.

The policy aims to attract investments of over ₹2 lakh crore and expand the state's data centre capacity to 2 GW.

It replaces the Uttar Pradesh Data Centre Policy 2021, which expired in January 2026, with a renewed framework for advanced data centre infrastructure.

The policy promotes the development of AI-ready, energy-efficient, and environmentally sustainable data centres.

It provides special incentives for GPU-based technologies to support Artificial Intelligence (AI) and high-performance computing.

Additional subsidies will be offered for projects established in Bundelkhand and Purvanchal to encourage balanced regional development.

The policy also supports the establishment of Tier III and Tier IV data centres across the state.

It is expected to generate around 50,000 jobs during the construction phase and nearly 7,500 jobs in operations and maintenance.

 

10) Answer:C

Short Explanation:

Gujarat is developing its first two air-filled rubber dams using advanced technology from South Korea to strengthen water resource management and modernise irrigation infrastructure.

The two dams are being constructed on the Heran River at Rajvasana in Chhota Udepur district and on the Ambika River at Pathakwadi in Tapi district.

The projects aim to improve irrigation facilities, enhance groundwater recharge, increase water storage capacity, and mitigate floods, benefiting thousands of farmers across the state.

Detailed Explanation:

Gujarat is developing its first two air-filled rubber dams using advanced technology from South Korea to strengthen water resource management and modernise irrigation infrastructure.

The two dams are being constructed on the Heran River at Rajvasana in Chhota Udepur district and on the Ambika River at Pathakwadi in Tapi district.

The projects aim to improve irrigation facilities, enhance groundwater recharge, increase water storage capacity, and mitigate floods, benefiting thousands of farmers across the state.

The Rajvasana Rubber Dam is being constructed at a cost of ₹82.97 crore, is 75% complete (as of 6 July 2026), is expected to be commissioned by September 2027, and will provide irrigation to over 3,420 hectares of agricultural land.

The Pathakwadi Rubber Dam is being developed at a cost of ₹79.13 crore, is nearly 90% complete, and will provide assured irrigation to around 650 hectares of agricultural land.

The two projects involve a combined investment of over ₹162 crore and mark Gujarat's first use of air-filled rubber dam technology.

11) Answer: A

Short Explanation:

The Ministry of Cooperation celebrated its Fifth Foundation Day with major announcements to strengthen the cooperative movement in India.

Union Minister for Cooperation Amit Shah announced the establishment of a Cooperative Life Insurance Company to enhance the cooperative sector's presence in the life insurance industry.

The proposed Cooperative Life Insurance Company aims to strengthen the cooperative movement, promote financial inclusion, and provide wider access to life insurance products.

Detailed Explanation:

The Ministry of Cooperation celebrated its Fifth Foundation Day with major announcements to strengthen the cooperative movement in India.

Union Minister for Cooperation Amit Shah announced the establishment of a Cooperative Life Insurance Company to enhance the cooperative sector's presence in the life insurance industry.

The proposed Cooperative Life Insurance Company aims to strengthen the cooperative movement, promote financial inclusion, and provide wider access to life insurance products.

Amit Shah stated that Indian Farmers Fertiliser Cooperative Limited (IFFCO)-TOKIO General Insurance Company Limited is already operating in the insurance sector and that India currently has 26 life insurance companies.

The Minister also announced that Bharat Taxi, a cooperatively-owned ride-hailing platform, will be expanded to 500 cities across India within the next two years.

Bharat Taxi currently has over 6.37 lakh registered drivers and 35.77 lakh customers on its platform.

12) Answer: B

Short Explanation:

Prime Minister Narendra Modi was conferred the 'Bintang Adipurna', the highest civilian award of Indonesia, by President Prabowo Subianto during his official visit to Jakarta, Indonesia.

The award recognises Prime Minister Modi's outstanding contribution to strengthening India–Indonesia bilateral relations and promoting international cooperation.

The honour was presented at Istana Merdeka (Presidential Palace) in Jakarta.

Detailed Explanation:

Prime Minister Narendra Modi was conferred the 'Bintang Adipurna', the highest civilian award of Indonesia, by President Prabowo Subianto during his official visit to Jakarta, Indonesia.

The award recognises Prime Minister Modi's outstanding contribution to strengthening India–Indonesia bilateral relations and promoting international cooperation.

The honour was presented at Istana Merdeka (Presidential Palace) in Jakarta.

Bintang Adipurna is Indonesia's highest non-military civilian honour, awarded to individuals for their exceptional contribution to strengthening relations with Indonesia, promoting friendship, and enhancing international cooperation.

Accepting the award, Prime Minister Narendra Modi dedicated the honour to the 1.4 billion people of India and thanked the Government and people of Indonesia for the recognition and warm hospitality.

 

13) Answer: A

Short Explanation:

India ranked 94th among 167 countries in the United Nations Sustainable Development Goals (SDG) Index 2026, achieving its highest-ever ranking with an overall score of 68.3 out of 100.

The Sustainable Development Report 2026 was released by the United Nations Sustainable Development Solutions Network (SDSN).

However, India continues to rank behind Bhutan, Maldives, Nepal, and Sri Lanka in South Asia.

Detailed Explanation:

India ranked 94th among 167 countries in the United Nations Sustainable Development Goals (SDG) Index 2026, achieving its highest-ever ranking with an overall score of 68.3 out of 100.

The Sustainable Development Report 2026 was released by the United Nations Sustainable Development Solutions Network (SDSN).

Since the adoption of the Sustainable Development Goals (SDGs) in 2015, India has improved its ranking by 18 places, rising from 112th to 94th, making it one of the fastest-improving major economies.

However, India continues to rank behind Bhutan, Maldives, Nepal, and Sri Lanka in South Asia.

Globally, none of the 17 Sustainable Development Goals (SDGs) are on track to be achieved by 2030. Only 16.5% of individual SDG targets are progressing on track, while nearly half are making limited progress and 15% have regressed since 2015.

Rank	Country
1	Finland
2	Sweden
3	Denmark

Barbados ranked first globally in its commitment to United Nations (UN)-based multilateralism, while the United States of America (USA) ranked last.

 

14) Answer: D

Short Explanation:

State Bank of India (SBI), India’s largest and oldest Public Sector Bank (PSB), acquired the National Housing Bank’s (NHB’s) 10% stake in RMBS Development Company Limited (RDCL).

RDCL is a Middle-Layer Non-Banking Financial Company (NBFC) focused on developing the Residential Mortgage-Backed Securities (RMBS) market in India.

Detailed Explanation:

State Bank of India (SBI), India’s largest and oldest Public Sector Bank (PSB), acquired the National Housing Bank’s (NHB’s) 10% stake in RMBS Development Company Limited (RDCL).

RDCL is a Middle-Layer Non-Banking Financial Company (NBFC) focused on developing the Residential Mortgage-Backed Securities (RMBS) market in India.

Following the acquisition, NHB’s shareholding in RDCL declined from 39% to 29%.

The acquisition is expected to strengthen RDCL’s role in developing a deeper secondary mortgage market in India.

RDCL enables banks and non-bank lenders to pool housing loans, convert them into tradable securities, unlock capital, improve liquidity, and support fresh housing lending.

15) Answer: D

Short Explanation:

The Indian Navy (IN) is set to commission its sixth Project 17A indigenous stealth frigate, INS Mahendragiri (F38), at Visakhapatnam, Andhra Pradesh, on 11 July 2026.

INS Mahendragiri is named after the Mahendragiri mountain range in the Eastern Ghats and is the first Indian Naval warship to bear this name.

INS Mahendragiri has been designed in-house by the Indian Navy’s Warship Design Bureau (WDB).

The frigate has been constructed by Mazagon Dock Shipbuilders Limited (MDL), Mumbai.

Detailed Explanation:

The Indian Navy (IN) is set to commission its sixth Project 17A indigenous stealth frigate, INS Mahendragiri (F38), at Visakhapatnam, Andhra Pradesh, on 11 July 2026.

INS Mahendragiri is named after the Mahendragiri mountain range in the Eastern Ghats and is the first Indian Naval warship to bear this name.

INS Mahendragiri has been designed in-house by the Indian Navy’s Warship Design Bureau (WDB).

The frigate has been constructed by Mazagon Dock Shipbuilders Limited (MDL), Mumbai.

Project 17A is India’s programme for building advanced indigenous stealth frigates with enhanced combat capabilities.

INS Mahendragiri incorporates advanced stealth features, enhanced survivability, reduced radar signature, and a high degree of automation.

The warship is powered by a Combined Diesel or Gas (CODOG) propulsion system, enabling high-speed operations with long endurance.

INS Mahendragiri contains over 75% indigenous content, reflecting the Aatmanirbhar Bharat Initiative.

16) Answer: C

Short Explanation:

The Indian Space Research Organisation (ISRO) successfully conducted the first static ground test of the Sub-Orbital Launch Vehicle for Experiments (SOLVE).

The test was conducted at the Static Test Facility of the Satish Dhawan Space Centre (SDSC), Sriharikota, Andhra Pradesh.

SOLVE is a solid-propellant, sub-orbital launch vehicle developed as a dedicated test platform for the Gaganyaan Mission.

The test successfully validated the solid motor for the Integrated Parachute Test (IPT) of the Gaganyaan Crew Module.

Detailed Explanation:

The Indian Space Research Organisation (ISRO) successfully conducted the first static ground test of the Sub-Orbital Launch Vehicle for Experiments (SOLVE).

The test was conducted at the Static Test Facility of the Satish Dhawan Space Centre (SDSC), Sriharikota, Andhra Pradesh.

SOLVE is a solid-propellant, sub-orbital launch vehicle developed as a dedicated test platform for the Gaganyaan Mission.

The test successfully validated the solid motor for the Integrated Parachute Test (IPT) of the Gaganyaan Crew Module.

SOLVE is designed to simulate the Crew Module's deceleration at an altitude of 10 km to 17 km before human spaceflight.

The primary objective of SOLVE is to test the Crew Module’s deceleration system, parachute deployment, and safe recovery under realistic mission conditions.

During SOLVE missions, the Crew Module will separate from the launch vehicle at an altitude of 10–17 km and deploy a sequence of 10 parachutes before sea splashdown.

 

17) Answer: E

Short Explanation:

Indiahandmade is a dedicated digital marketplace for handloom and handicraft products, launched in 2023 under the Digital India Initiative.

The platform was developed by the Digital India Corporation (DIC) under the Ministry of Textiles to promote India's traditional handloom and handicraft sector through digital commerce.

India is home to an estimated 64.66 lakh handloom and handicraft artisans, making the sector a major source of employment, inclusive livelihoods, and cultural heritage.

Detailed Explanation:

Indiahandmade is a dedicated digital marketplace for handloom and handicraft products, launched in 2023 under the Digital India Initiative.

The platform was developed by the Digital India Corporation (DIC) under the Ministry of Textiles to promote India's traditional handloom and handicraft sector through digital commerce.

India is home to an estimated 64.66 lakh handloom and handicraft artisans, making the sector a major source of employment, inclusive livelihoods, and cultural heritage.

Women account for 71% of handloom weavers and 64% of total artisans (as of August 2025), highlighting the sector's role in women empowerment and rural employment.

Indiahandmade enables artisans and weavers to sell handmade products online, providing them with direct market access without relying heavily on intermediaries.

The platform directly connects buyers and artisans, ensuring fair compensation, better price realization, and improved income opportunities for craft communities.

18) Answer: D

Short Explanation:

Vaidya Rajesh Kotecha, Secretary, Ministry of AYUSH, chaired the 5th Executive Committee (EC) Meeting of the Central Council for Research in Ayurvedic Sciences (CCRAS) in New Delhi, Delhi.

CCRAS is the apex research body under the Ministry of AYUSH (Ayurveda, Yoga & Naturopathy, Unani, Siddha, Sowa-Rigpa and Homeopathy).

The meeting aimed to strengthen evidence-based Ayurveda research, education, scientific communication, and digital governance.

Detailed Explanation:

Vaidya Rajesh Kotecha, Secretary, Ministry of AYUSH, chaired the 5th Executive Committee (EC) Meeting of the Central Council for Research in Ayurvedic Sciences (CCRAS) in New Delhi, Delhi.

CCRAS is the apex research body under the Ministry of AYUSH (Ayurveda, Yoga & Naturopathy, Unani, Siddha, Sowa-Rigpa and Homeopathy).

The meeting aimed to strengthen evidence-based Ayurveda research, education, scientific communication, and digital governance.

The meeting was attended by Hoveyda Abbas (Additional Secretary & Financial Adviser, Ministry of AYUSH), Satyajit Paul (Senior Statistical Adviser), Dr. N. Srikanth (Deputy Director General, CCRAS), Deepak Kochhar (Deputy Director–Administration, CCRAS), and other Executive Committee members.

Three major initiatives were launched during the meeting: Research Methodology Textbook, CCRAS PRAYATNA 2026–27, and the CCRAS Digital Ecosystem Dashboard.

19) Answer: C

Short Explanation:

The 29th National Conference on e-Governance (NCeG 2026) was jointly organised by the Department of Administrative Reforms and Public Grievances (DARPG), Ministry of Electronics and Information Technology (MeitY), and the Government of Rajasthan at the Rajasthan International Centre, Jaipur, Rajasthan.

The conference was held on 1–2 July 2026.

Rajasthan Chief Minister Bhajan Lal Sharma inaugurated the 29th National Conference on e-Governance (NCeG 2026).

The theme of NCeG 2026 was “Viksit Bharat 2047: AI-enabled, Data-driven & Secure Digital Governance.”

The National Awards for e-Governance 2026 were presented during the conference.

Detailed Explanation:

The 29th National Conference on e-Governance (NCeG 2026) was jointly organised by the Department of Administrative Reforms and Public Grievances (DARPG), Ministry of Electronics and Information Technology (MeitY), and the Government of Rajasthan at the Rajasthan International Centre, Jaipur, Rajasthan.

The conference was held on 1–2 July 2026.

Rajasthan Chief Minister Bhajan Lal Sharma inaugurated the 29th National Conference on e-Governance (NCeG 2026).

The theme of NCeG 2026 was “Viksit Bharat 2047: AI-enabled, Data-driven & Secure Digital Governance.”

The National Awards for e-Governance 2026 were presented during the conference.

A total of 17 awards were conferred across 7 categories.

The awards included 10 Gold Awards carrying ₹10 lakh each, 6 Silver Awards carrying ₹5 lakh each, and 1 Jury Award.

The conference concluded with the adoption of the Jaipur Declaration on e-Governance 2026.

20) Answer: A

Short Explanation:

Renowned Pandavani singer and Padma awardee Teejan Bai passed away at the age of 70 in Raipur, Chhattisgarh.

Teejan Bai was born on 8 August 1956 in Ganiyari village, Durg district, Chhattisgarh.

She dedicated her life to transforming Pandavani, a traditional folk storytelling art, into an internationally acclaimed art form.

Detailed Explanation:

Renowned Pandavani singer and Padma awardee Teejan Bai passed away at the age of 70 in Raipur, Chhattisgarh.

Teejan Bai was born on 8 August 1956 in Ganiyari village, Durg district, Chhattisgarh.

She dedicated her life to transforming Pandavani, a traditional folk storytelling art, into an internationally acclaimed art form.

Teejan Bai was widely recognised for her powerful voice, commanding stage presence, expressive performance style, and tambura rhythm.

The Government of India (GoI) honoured Teejan Bai with the Padma Shri (1988).

She was awarded the Padma Bhushan (2003) for her outstanding contribution to the field of Art.

Teejan Bai received the Padma Vibhushan (2019), India’s second-highest civilian award, for her exceptional contribution to Indian folk art.

She was conferred the prestigious Sangeet Natak Akademi Award in 1995.

She received the Shreshth Kala Acharya recognition in 1994.

Teejan Bai was honoured with the M. S. Subbulakshmi Centenary Award in 2016.

She was awarded Japan’s Fukuoka Prize in 2018 for promoting traditional arts and culture.

Bilaspur University, Chhattisgarh, conferred upon Teejan Bai the Honorary Doctor of Letters (D.Litt.) degree.