Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2026 of 13th May  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) In FY 2025–26, consider the following statements regarding the performance of Public Sector Banks (PSBs):

1. The Gross NPA ratio of PSBs declined to 1.93% as on 31 March 2026.
2. The aggregate operating profit of PSBs reached ₹3.21 lakh crore during FY 2025–26.
3. The aggregate Capital to Risk (Weighted) Assets Ratio (CRAR) stood at 12.6% as on 31 March 2026.

Which of the above statements is/are correct?

(a) 1 only

(b) 1 and 2 only

(c) 2 and 3 only

(d) 1 and 3 only

(e) 1, 2 and 3


2) In 2026, SEBI’s revised framework allowing a uniform 30-day time lag for sharing and using stock price data for educational and investor awareness activities will come into effect from________

(a) January 1, 2026

(b) April 1, 2026

(c) October 1, 2026

(d) July 1, 2026

(e) December 1, 2026

3) In FY26, according to SBI’s Ecowrap Research Report, what is the projected real GDP growth rate for India?

(a) 6.2%

(b) 6.6%

(c) 7.0%

(d) 7.5%

(e) 8.1%

4) As of 2026, coins of which denomination ceased to be legal tender in India from June 30, 2011?

(a) 50 paise and below

(b) 25 paise and below

(c) ₹1 and below

(d) ₹2 and below

(e) 10 paise and below

5) As of 2026, under RBI’s revised norms on Unhedged Foreign Currency Exposure (UFCE), borrowers with Potential Loss/EBID ratio above 75% will attract_________

(a) 10 percentage point increase in risk weight

(b) 15 percentage point increase in risk weight

(c) 20 percentage point increase in risk weight

(d) 25 percentage point increase in risk weight

(e) 50 percentage point increase in risk weight

6) As of 2026, Delhi Metro Rail Corporation (DMRC) partnered with which bank to launch co-branded RuPay ‘On-The-Go’ National Common Mobility Cards (NCMC)?

(a) Paytm Payments Bank

(b) India Post Payments Bank

(c) Airtel Payments Bank

(d) Jio Payments Bank

(e) AU Small Finance Bank

7) In FY26, India Post has recorded revenue growth above 15%, indicating a clear shift toward a revenue-driven business model. The India Post recorded a total revenue of________

(a) ₹10,296 crore

(b) ₹12,450 crore

(c) ₹18,750 crore

(d) ₹16,999 crore

(e) ₹15,296 crore

8) As of 2026, under RBI’s Master Direction on incentives for currency distribution, banks opening Currency Chests in North-Eastern states and remote/hilly regions of J&K and Ladakh are eligible for capital expenditure reimbursement up to________

(a) ₹10 lakh

(b) ₹25 lakh

(c) ₹50 lakh

(d) ₹75 lakh

(e) ₹1 crore

9) As of 2026, consider the following statements regarding Prime Minister Narendra Modi’s visit to Karnataka and Telangana:

1. The Prime Minister inaugurated the PM MITRA Park in Warangal, Telangana.
2. He inaugurated the Dhyan Mandir at the Art of Living International Centre in Bengaluru.
3. The foundation stone for four-laning of National Highway 167 under the Hyderabad– Chennai Economic Corridor was laid during the visit.

Which of the above statements is/are correct?

(a) 1 and 2 only

(b) 2 and 3 only

(c) 1 only

(d) 1 and 3 only

(e) 1, 2 and 3

10) As of 2026, in the Government of India’s ‘SEHAT Mission’to integrate agriculture, nutrition, and healthcare through a unified approach, the acronym SEHAT stands for_________

(a) Scientific Expansion for Health and Technology

(b) Science Excellence for Health through Agricultural Transformation

(c) Sustainable Energy and Health Advancement Technology

(d) Social Empowerment for Healthcare and Agriculture Transformation

(e) Strategic Excellence for Holistic Agricultural Treatment

11) As of 2026, under the ‘Viksit Bharat – Guarantee for Rozgar and Ajeevika Mission (Gramin) Act, 2025’, every eligible rural household will receive guaranteed wage employment for how many days per financial year?

(a) 100 days

(b) 110 days

(c) 120 days

(d) 125 days

(e) 150 days

12) As of 2026, consider the following statements regarding the proposed ‘Made in India Brand Scheme’:

1. The scheme aims to strengthen domestic manufacturing and reduce import dependence.
2. The government plans to identify nearly 100 products that are not produced in India or are manufactured in limited quantities.
3. The scheme was announced by the Ministry of Finance at the CII Annual Business Summit 2026.

Which of the above statements is/are correct?

(a) 1 and 3 only

(b) 2 and 3 only

(c) 1 only

(d) 1 and 2 only

(e) 1, 2 and 3

13) As of 2026, what is the name of the AI-powered chatbot launched by the Supreme Court of India along with the ‘One Case One Data’ initiative?

(a) न्याय मित्र

(b) Su-Sahayak

(c) e-Sakshi

(d) Nyaya Setu

(e) Bharat न्याय AI

14) As of 2026, under West Bengal’s Annapurna Bhandaar Scheme, eligible women will receive financial assistance of______

(a) ₹1,500 per month

(b) ₹1,700 per month

(c) ₹2,000 per month

(d) ₹2,500 per month

(e) ₹3,000 per month

15) As of 2026, the Inter-University Centre for Astronomy and Astrophysics (IUCAA) banner handed over by India to South Africa will be displayed at which telescope?

(a) Giant Metrewave Radio Telescope (GMRT)

(b) James Webb Space Telescope (JWST)

(c) Southern African Large Telescope (SALT)

(d) Very Large Telescope (VLT)

(e) Thirty Meter Telescope (TMT)

16) As of May 2026, who assumed charge as Chairman & Managing Director (CMD) of Steel Authority of India Limited (SAIL)?

(a) Amarendu Prakash

(b) Krishna Kumar Singh

(c) Ashok Kumar Panda

(d) T. V. Narendran

(e) Soma Mondal

17) As of 2026, consider the following statements regarding the Chief Minister of Tamil Nadu:

1. C. Joseph Vijay, founder of Tamilaga Vettri Kazhagam (TVK), was sworn in as the 13th Chief Minister of Tamil Nadu.
2. He succeeded Muthuvel Karunanidhi Stalin as the Chief Minister of Tamil Nadu.
3. TVK won 208 seats in the 2026 Tamil Nadu Assembly elections.

Which of the above statements is/are correct?

(a) 1 and 2 only

(b) 2 and 3 only

(c) 1 only

(d) 1 and 3 only

(e) 1, 2 and 3

18) As of 2026, what is the cash prize awarded under the National Florence Nightingale Awards?

(a) ₹50,000

(b) ₹1 lakh

(c) ₹2 lakh

(d) ₹5 lakh

(e) ₹10 lakh

19) As of 2026, the All India Football Federation (AIFF) signed a five-year MoU for elite youth football development with the Government of which state?

(a) West Bengal

(b) Kerala

(c) Karnataka

(d) Goa

(e) Odisha

20) As of 2026, the Indian Air Force conducted the “Op Sindoor Commemorative Run” for how many hours?

(a) 48 hours

(b) 72 hours

(c) 80 hours

(d) 88 hours

(e) 96 hours


21) As of 2026, how many indigenous technologies developed by CSIR-CBRI were transferred to industries and start-ups during the CSIR Technology Transfer Event?

(a) 8

(b) 10

(c) 13

(d) 15

(e) 18

22) As of 2026, the High Spatial Resolution Rainfall Forecast pilot project launched under the Ministry of Earth Sciences (MoES) was introduced for which state?

(a) Bihar

(b) Uttar Pradesh

(c) Rajasthan

(d) Madhya Pradesh

(e) Odisha

23) As of 2026, Australian tennis legend Mal Anderson, who recently passed away, had won which major title in 1957 as the first unseeded player?

(a) Wimbledon Championships

(b) Australian Championships

(c) French Championships

(d) United States National Championships

(e) Davis Cup

24) As of 2026, who authored the books “The Bench, the Bar, and the Bizarre” and “The Lawful and the Awful”?

(a) Amit Shah

(b) Tushar Mehta

(c) Harish Salve

(d) Kapil Sibal

(e) Chetan Bhagat

25) As of 2026, the theme of Mental Health Awareness Week (May 11 to May 17, 2026)  is____________

(a) Action

(b) Together for Mental Health

(c) Hope

(d) Mental Health for All

(e) Building Resilience

Answers:

1) Answer: B

Short Explanation:

• The Gross NPA (Non-Performing Assets) ratio of PSBs declined to 93% as on 31 March 2026, indicating historically low stressed assets.
• The Net NPA ratio improved further to 39% during FY 2025–26.
• Every PSB maintained a Provisioning Coverage Ratio (PCR) above 90%, reflecting prudent provisioning practices and strong balance sheet resilience.
• Improved asset quality was driven by better underwriting standards, effective risk management mechanisms, and stronger credit discipline.
• The slippage ratio reduced to 7%, indicating lower addition of fresh bad loans during FY 2025–26.
• Aggregate operating profit of PSBs reached ₹3.21 lakh crore during FY 2025–26.
• Aggregate net profit increased by 1% year-on-year to a historic high of ₹1.98 lakh crore.

Detailed Explanation:

• Public Sector Banks (PSBs) recorded strong financial performance during FY 2025–26, reflecting sustained business growth, improved asset quality, record profitability, and strong capital position.
• The improved performance demonstrates the growing resilience, stability, and institutional capacity of PSBs in supporting the credit needs of the Indian economy.
• The Gross NPA (Non-Performing Assets) ratio of PSBs declined to 93% as on 31 March 2026, indicating historically low stressed assets.
• The Net NPA ratio improved further to 39% during FY 2025–26.
• Every PSB maintained a Provisioning Coverage Ratio (PCR) above 90%, reflecting prudent provisioning practices and strong balance sheet resilience.
• Improved asset quality was driven by better underwriting standards, effective risk management mechanisms, and stronger credit discipline.
• The slippage ratio reduced to 7%, indicating lower addition of fresh bad loans during FY 2025–26.
• Total recoveries, including recoveries from written-off accounts, stood at ₹86,971 crore.
• Improved asset quality, healthy credit expansion, and higher income contributed to stronger profitability of PSBs.
• Aggregate operating profit of PSBs reached ₹3.21 lakh crore during FY 2025–26.
• Aggregate net profit increased by 1% year-on-year to a historic high of ₹1.98 lakh crore.
• FY 2025–26 marked the fourth consecutive year of aggregate profitability for PSBs.
• The aggregate Capital to Risk (Weighted) Assets Ratio (CRAR) improved to 6% as on 31 March 2026.

 

2) Answer: D

Short Explanation:

• The Securities and Exchange Board of India (SEBI) revised rules to allow a uniform 30-day time lag for sharing and using stock price data for educational and investor awareness activities.
• The revised framework aims to maintain a balance between preventing misuse of market data and ensuring that educational content remains relevant and updated.
• The new rules will come into effect from July 1, 2026.

Detailed Explanation:

• The Securities and Exchange Board of India (SEBI) revised rules to allow a uniform 30-day time lag for sharing and using stock price data for educational and investor awareness activities.
• The revised framework aims to maintain a balance between preventing misuse of market data and ensuring that educational content remains relevant and updated.
• The new rules will come into effect from July 1, 2026.
• The revised framework replaces the earlier system of one-day lag for sharing market data and three-month lag for educational usage.
• In May 2024, SEBI had restricted the sharing of live market data by stock exchanges only for trading and allied activities, while educational use was permitted with a one-day delay.
• In January 2025, SEBI further tightened the framework by allowing entities engaged solely in education to use market data only with a three-month lag.
  
  

3) Answer: D

Short Explanation:

• State Bank of India (SBI) released its latest Ecowrap Research Report, providing key projections on India’s economic growth outlook.
• The report projects India’s real Gross Domestic Product (GDP) growth at 7.2% in Q4 (Jan–Mar) Financial Year 2025-26 (FY26), slightly lower than the earlier estimate of 3% (Feb 2026 projection).
• For the full FY26, India’s GDP growth is projected at 7.5%, supported by rural demand, fiscal stimulus, and urban consumption despite global headwinds.
• For FY27, India’s real GDP growth is estimated at 6.6%, mainly due to global geopolitical uncertainties.

Detailed Explanation:

• State Bank of India (SBI) released its latest Ecowrap Research Report, providing key projections on India’s economic growth outlook.
• The report projects India’s real Gross Domestic Product (GDP) growth at 7.2% in Q4 (Jan–Mar) Financial Year 2025-26 (FY26), slightly lower than the earlier estimate of 3% (Feb 2026 projection).
• For the full FY26, India’s GDP growth is projected at 7.5%, supported by rural demand, fiscal stimulus, and urban consumption despite global headwinds.
• For FY27, India’s real GDP growth is estimated at 6.6%, mainly due to global geopolitical uncertainties.
• The report estimates India’s nominal GDP growth at 12.2% for FY26, and around 11% for FY27, assuming a deflator of ~4.5%.
• Bank credit growth of Scheduled Commercial Banks (SCBs) increased to 1%, compared to 11.0% in the previous year, indicating strong credit expansion.
• Total incremental credit growth stood at ₹29.5 trillion, reflecting robust lending activity in the economy.
  
  

4) Answer: B

Short Explanation:

• The Reserve Bank of India (RBI) has mandated all bank branches to provide universal cash services without discrimination.
• Branches must ensure facilities for:
• Issuing fresh currency notes and coins
• Exchanging soiled, mutilated, and imperfect notes
• Accepting coins and small denomination notes from the public
• All banks and White Label ATM Operators (WLAOs) must ensure timely ATM cash replenishment to prevent cash shortages and customer inconvenience.
• All coins of ₹1, ₹2, ₹5, ₹10, and ₹20 remain legal tender.
• Coins of 25 paise and below ceased to be legal tender from June 30, 2011.

Detailed Explanation:

• The Reserve Bank of India (RBI) has mandated all bank branches to provide universal cash services without discrimination.
• Branches must ensure facilities for:
• Issuing fresh currency notes and coins
• Exchanging soiled, mutilated, and imperfect notes
• Accepting coins and small denomination notes from the public
• All banks and White Label ATM Operators (WLAOs) must ensure timely ATM cash replenishment to prevent cash shortages and customer inconvenience.
• All coins of ₹1, ₹2, ₹5, ₹10, and ₹20 remain legal tender.
• Coins of 25 paise and below ceased to be legal tender from June 30, 2011.
• Under the Reserve Bank of India (Note Refund) Rules, 2009 (amended 2018), banks are empowered to exchange mutilated and imperfect notes free of cost.
• Soiled notes up to 20 pieces or ₹5,000 per day must be exchanged immediately over the counter free of charge.
• For bulk deposits, banks must accept notes against receipt and complete payment within 7 days.

 

5) Answer: D

Short Explanation:

• The Reserve Bank of India (RBI) issued amendments to the “Commercial Banks – Asset Classification, Provisioning and Income Recognition Directions, 2026” under Section 35A of the Banking Regulation Act, 1949, in public interest.
• RBI clarified that until banks fully adopt internal country rating systems, they may continue using the seven-category country classification framework of Export Credit Guarantee Corporation of India (ECGC).
• Specifically, such high-risk exposures will lead to a 25 percentage point increase in risk weight, significantly raising capital requirements.

Detailed Explanation:

• The Reserve Bank of India (RBI) issued amendments to the “Commercial Banks – Asset Classification, Provisioning and Income Recognition Directions, 2026” under Section 35A of the Banking Regulation Act, 1949, in public interest.
• RBI clarified that until banks fully adopt internal country rating systems, they may continue using the seven-category country classification framework of Export Credit Guarantee Corporation of India (ECGC).
• The ECGC framework will provide quarterly updates and issue alerts on sudden major changes in country classifications to all banks.
• Banks are required to continuously assess and monitor Unhedged Foreign Currency Exposure (UFCE) of borrowers and maintain adequate additional capital against such risks.
• Under the revised norms, exposure to currency risk becomes a key component of capital adequacy assessment.
• Borrowers with Potential Loss/EBID ratio above 75% will attract incremental capital requirements.
• Specifically, such high-risk exposures will lead to a 25 percentage point increase in risk weight, significantly raising capital requirements.
  
  

6) Answer: C

Short Explanation:

• Delhi Metro Rail Corporation (DMRC) has partnered with Airtel Payments Bank to launch co-branded RuPay ‘On-The-Go’ National Common Mobility Cards (NCMC) for seamless digital payments and metro travel across India.
• The initiative supports the Government of India’s vision of “One Nation, One Card”, aimed at promoting interoperability, cashless transactions, and commuter convenience.
• The cards enable users to travel across metro systems, buses, and other public transport networks using a single open-loop mobility card.

Detailed Explanation:

• Delhi Metro Rail Corporation (DMRC) has partnered with Airtel Payments Bank to launch co-branded RuPay ‘On-The-Go’ National Common Mobility Cards (NCMC) for seamless digital payments and metro travel across India.
• The initiative supports the Government of India’s vision of “One Nation, One Card”, aimed at promoting interoperability, cashless transactions, and commuter convenience.
• The cards enable users to travel across metro systems, buses, and other public transport networks using a single open-loop mobility card.
• The co-branded cards are issued in two variants: Debit Cards and PPI-MTS (Prepaid Payment Instrument for Mass Transit Systems)
• The cards feature EMV chip-based security, ensuring safe online and offline transactions.
• A key sustainability feature is the use of 99% recycled plastic, aimed at reducing the carbon footprint.
  
  
  

7) Answer: E

Short Explanation:

• India Post has added more than 11,000 post offices in the last four years, expanding its reach to nearly 90% rural geography, strengthening its role as a last-mile logistics partner.
• The total network has reached 1,64,999 post offices, making it one of the largest postal networks in the world.
• The Department achieved a record revenue of ₹15,296 crore in FY26, registering a strong 16% year-on-year growth, marking a significant performance milestone.
• This is the first time in several years that India Post has recorded revenue growth above 15%, indicating a clear shift toward a revenue-driven business model.

Detailed Explanation:

• India Post has added more than 11,000 post offices in the last four years, expanding its reach to nearly 90% rural geography, strengthening its role as a last-mile logistics partner.
• The total network has reached 1,64,999 post offices, making it one of the largest postal networks in the world.
• The Department achieved a record revenue of ₹15,296 crore in FY26, registering a strong 16% year-on-year growth, marking a significant performance milestone.
• This is the first time in several years that India Post has recorded revenue growth above 15%, indicating a clear shift toward a revenue-driven business model.
• The transformation highlights India Post’s evolution from a traditional cost centre to a citizen-centric and revenue-generating organisation.
• Major growth was recorded across key segments:
  • Parcels segment grew by 69%
  • Mail services grew by 34%
  • Citizen-centric services grew by 70%
    
    

8) Answer: C

Short Explanation:

• The Reserve Bank of India (RBI) issued a Master Direction on incentives for currency distribution and exchange, along with penalties for deficiencies in customer service and reporting by bank branches and currency chests.
• A Scheme of penal interest and penalties has been introduced to ensure accurate and timely reporting of Currency Chest (CC) transactions and improve customer service delivery through banks, branches, and ATMs.
• The provisions apply to all banks, and Currency Chest-related penalties apply to banks operating Currency Chests (CCs).

Detailed Explanation:

• The Reserve Bank of India (RBI) issued a Master Direction on incentives for currency distribution and exchange, along with penalties for deficiencies in customer service and reporting by bank branches and currency chests.
• A Scheme of penal interest and penalties has been introduced to ensure accurate and timely reporting of Currency Chest (CC) transactions and improve customer service delivery through banks, branches, and ATMs.
• The provisions apply to all banks, and Currency Chest-related penalties apply to banks operating Currency Chests (CCs).
• RBI’s Clean Note Policy aims to ensure availability of good-quality banknotes to the public.
• Currency Chests (CCs) are authorised facilities set up by select scheduled banks to support distribution of banknotes and coins.
• Definitions:
• Soiled Note: A note damaged due to normal wear and tear, including pasted two-piece notes of the same original note.
• Mutilated Note: A note with a missing portion or made of more than two pieces.
• Imperfect Note: A note that is wholly/partially obliterated, shrunk, washed, altered, or indecipherable.
• Banks opening Currency Chests in North-Eastern states and remote/hilly regions of J&K and Ladakh are eligible for 100% capital expenditure reimbursement up to ₹50 lakh
  
  

9) Answer: A

Short Explanation:

• Prime Minister Narendra Modi visited Karnataka and Telangana to participate in events and inaugurate development projects worth around ₹9,400 crore
• The visit included the inauguration of Pradhan Mantri Mega Integrated Textile Region and Apparel Park in Warangal, Telangana
• In Bengaluru, the Prime Minister attended the 45th anniversary celebrations of The Art of Living Foundation and the 70th birthday of Sri Sri Ravi Shankar
• He inaugurated the Dhyan Mandir at the Art of Living International Centre in Bengaluru

Detailed Explanation:

• Prime Minister Narendra Modi visited Karnataka and Telangana to participate in events and inaugurate development projects worth around ₹9,400 crore
• The visit included the inauguration of Pradhan Mantri Mega Integrated Textile Region and Apparel Park in Warangal, Telangana
• In Bengaluru, the Prime Minister attended the 45th anniversary celebrations of The Art of Living Foundation and the 70th birthday of Sri Sri Ravi Shankar
• He inaugurated the Dhyan Mandir at the Art of Living International Centre in Bengaluru
• In Hyderabad, the Prime Minister launched multiple infrastructure and development projects
• He laid the foundation stone for four-laning of National Highway 167 from Gudebellur to Mahabubnagar under the Hyderabad–Panaji Economic Corridor, with an investment of over ₹3,175 crore
• He also laid the foundation stone for the Zaheerabad Industrial Area in Sangareddy district
  
  

10) Answer: B

Short Explanation:

• The Government of India launched the ‘Sehat Mission’ in the National Capital under the leadership of Prime Minister Narendra Modi
• Sehat Mission (Science Excellence for Health through Agricultural Transformation) aims to integrate agriculture, nutrition, and healthcare through a unified approach

Detailed Explanation:

• The Government of India launched the ‘Sehat Mission’ in the National Capital under the leadership of Prime Minister Narendra Modi
• Sehat Mission (Science Excellence for Health through Agricultural Transformation) aims to integrate agriculture, nutrition, and healthcare through a unified approach
• The mission is a joint initiative of:
• Indian Council of Agricultural Research
• Indian Council of Medical Research
• The objective is to link agricultural production with health outcomes and promote preventive healthcare

 

11) Answer: D

Short Explanation:

• The Government of India has announced the rollout of the ‘Viksit Bharat – Guarantee for Rozgar and Ajeevika Mission (Gramin) Act, 2025’ (VB-G RAM G Act)
• The Act will come into force from July 1, 2026
• The initiative aims to enhance rural employment, strengthen livelihood security, and develop rural infrastructure
• The Ministry of Rural Development has notified that the Mahatma Gandhi National Rural Employment Guarantee Act, 2005 will be repealed from July 1, 2026
• Ongoing works under MGNREGA will continue seamlessly under the new framework
• Under the new Act, every eligible rural household will get 125 days of guaranteed wage employment per financial year
• This is an increase from the earlier 100 days under MGNREGA

Detailed Explanation:

• The Government of India has announced the rollout of the ‘Viksit Bharat – Guarantee for Rozgar and Ajeevika Mission (Gramin) Act, 2025’ (VB-G RAM G Act)
• The Act will come into force from July 1, 2026
• The initiative aims to enhance rural employment, strengthen livelihood security, and develop rural infrastructure
• The Ministry of Rural Development has notified that the Mahatma Gandhi National Rural Employment Guarantee Act, 2005 will be repealed from July 1, 2026
• Ongoing works under MGNREGA will continue seamlessly under the new framework
• Under the new Act, every eligible rural household will get 125 days of guaranteed wage employment per financial year
• This is an increase from the earlier 100 days under MGNREGA
• Employment will be provided to adults willing to do unskilled manual work
• Workers will be eligible for unemployment allowance if work is not provided within the stipulated time
• The government has made a record Budget allocation of ₹95,692.31 crore for FY 2026–27
  
  

12) Answer: D

Short Explanation:

• The Government of India is planning to launch the ‘Made in India Brand Scheme’ to strengthen domestic manufacturing and reduce import dependence
• The scheme aims to create a trusted global identity for products manufactured in India
• The government plans to identify nearly 100 products that are not produced in India or manufactured in limited quantities
• The announcement was made by Amardeep Singh Bhatia, Secretary of the Department for Promotion of Industry and Internal Trade, at the CII Annual Business Summit 2026

Detailed Explanation:

• The Government of India is planning to launch the ‘Made in India Brand Scheme’ to strengthen domestic manufacturing and reduce import dependence
• The scheme aims to create a trusted global identity for products manufactured in India
• The government plans to identify nearly 100 products that are not produced in India or manufactured in limited quantities
• The announcement was made by Amardeep Singh Bhatia, Secretary of the Department for Promotion of Industry and Internal Trade, at the CII Annual Business Summit 2026
• Focus sectors include industrial and automotive components such as automobile axles and motorcycle parts, where import dependence is high
• The objective is to increase domestic production, improve product quality, and enhance global competitiveness
  
  

13) Answer: B

Short Explanation:

• The Supreme Court of India has launched the ‘One Case One Data’ initiative along with an Artificial Intelligence (AI)-powered chatbot ‘Su- Sahayak’
• The initiative aims to digitally integrate case data across all levels of the judiciary
• ‘One Case One Data’ is a digital case management framework designed to create a unified judicial data system

Detailed Explanation:

• The Supreme Court of India has launched the ‘One Case One Data’ initiative along with an Artificial Intelligence (AI)-powered chatbot ‘Su- Sahayak’
• The initiative aims to digitally integrate case data across all levels of the judiciary
• ‘One Case One Data’ is a digital case management framework designed to create a unified judicial data system
• It will connect courts across different levels, including:
• Supreme Court
• High Courts
• District Courts
• Taluka Courts
• Government Departments
• The initiative enables centralised access to case-related information for better coordination and efficiency
• The announcement was made by Chief Justice of India Surya Kanta along with Justice Joymalya Bagchi
  
  

14) Answer: E

Short Explanation:

• The Government of West Bengal, led by Chief Minister Suvendu Adhikari, has approved the launch of the Annapurna Bhandaar Scheme in its first Cabinet meeting
• The scheme provides ₹3,000 per month financial assistance to eligible women
• It will be implemented from June 1, 2026

Detailed Explanation:

• The Government of West Bengal, led by Chief Minister Suvendu Adhikari, has approved the launch of the Annapurna Bhandaar Scheme in its first Cabinet meeting
• The scheme provides ₹3,000 per month financial assistance to eligible women
• It will be implemented from June 1, 2026
• Funds will be transferred through Direct Benefit Transfer (DBT)
• Focus on financial empowerment of women
• The scheme will replace the Lakshmir Bhandar Scheme
• Earlier benefits: ₹1,500 (General Category) and ₹1,700 (Scheduled Castes/Scheduled Tribes – SC/ST)
• New scheme provides a uniform ₹3,000 per month, indicating a significant increase in assistance
• The Cabinet also approved free bus travel for women in state-run buses
  
  

15) Answer: C

Short Explanation:

• India’s High Commissioner to South Africa, Prabhat Kumar, formally handed over the banner of the Inter-University Centre for Astronomy and Astrophysics (IUCAA) to the South African Astronomical Observatory (SAAO) during a ceremony at the Royal Observatory, Cape Town.
• The event highlights the strengthening of long-standing scientific and astronomical cooperation between India and South Africa.
• The IUCAA banner will be displayed at the Southern African Large Telescope (SALT), one of the largest optical telescopes in the Southern Hemisphere, symbolising enhanced research collaboration in astronomy and astrophysics.

Detailed Explanation:

• India’s High Commissioner to South Africa, Prabhat Kumar, formally handed over the banner of the Inter-University Centre for Astronomy and Astrophysics (IUCAA) to the South African Astronomical Observatory (SAAO) during a ceremony at the Royal Observatory, Cape Town.
• The event highlights the strengthening of long-standing scientific and astronomical cooperation between India and South Africa.
• The IUCAA banner will be displayed at the Southern African Large Telescope (SALT), one of the largest optical telescopes in the Southern Hemisphere, symbolising enhanced research collaboration in astronomy and astrophysics.
• The initiative promotes joint research, academic exchanges, and collaborative projects in astronomy and space sciences between the two countries.
• SALT is collaborating with Indian researchers on a new camera detector and controller system, strengthening technology-driven scientific cooperation.
• South African scientists will participate in astronomy-related meetings hosted by India under its 2026 BRICS Chairship, enhancing multilateral scientific engagement.
  
  

16) Answer: C

• Ashok Kumar Panda assumed charge as Chairman & Managing Director (CMD) of Steel Authority of India Limited (SAIL) under the Ministry of Steel, effective from 9 May 2026.
• He succeeded Krishna Kumar Singh, who was serving as interim MD & CEO after Amarendu Prakash stepped down on 1 April 2026.
  
  

17) Answer: A

Short Explanation:

• Joseph Vijay, founder of Tamilaga Vettri Kazhagam (TVK), was sworn in as the 13th Chief Minister of Tamil Nadu at the Jawaharlal Nehru Indoor Stadium, Chennai.
• He officially succeeded Muthuvel Karunanidhi Stalin as Chief Minister of Tamil Nadu.
• The oath of office was administered by Governor Rajendra Vishwanath Arlekar.
• TVK emerged as the single largest party in the 2026 Tamil Nadu Assembly elections, winning 108 seats out of 234 seats, ending the dominance of DMK and AIADMK.

Detailed Explanation:

• Joseph Vijay, founder of Tamilaga Vettri Kazhagam (TVK), was sworn in as the 13th Chief Minister of Tamil Nadu at the Jawaharlal Nehru Indoor Stadium, Chennai.
• He officially succeeded Muthuvel Karunanidhi Stalin as Chief Minister of Tamil Nadu.
• The oath of office was administered by Governor Rajendra Vishwanath Arlekar.
• After assuming office at Fort St. George, Chennai, the Chief Minister signed three major policy files:
• 200 Units Free Electricity scheme for domestic consumers using up to 500 units
• Singappen Special Task Force for women’s safety
• Anti-Narcotic Task Force (ANTF) to curb drug trafficking in Tamil Nadu
• TVK emerged as the single largest party in the 2026 Tamil Nadu Assembly elections, winning 108 seats out of 234 seats, ending the dominance of DMK and AIADMK.
  
  

18) Answer: B

Short Explanation:

• The President of India, Droupadi Murmu, presented the National Florence Nightingale Awards 2026 at Rashtrapati Bhavan on International Nurses Day (May 12)
• The awards recognise outstanding nursing professionals for their dedication, service, and contribution to healthcare
• The awards are instituted by the Ministry of Health and Family Welfare to honour excellence in nursing services
• Each award includes:
• Certificate of Merit
• ₹1 lakh cash prize
• Medal

Detailed Explanation:

• The President of India, Droupadi Murmu, presented the National Florence Nightingale Awards 2026 at Rashtrapati Bhavan on International Nurses Day (May 12)
• The awards recognise outstanding nursing professionals for their dedication, service, and contribution to healthcare
• The awards are instituted by the Ministry of Health and Family Welfare to honour excellence in nursing services
• Each award includes:
• Certificate of Merit
• ₹1 lakh cash prize
• Medal
• The ceremony was attended by Union Health Minister Jagat Prakash Nadda
• The awards are among the highest recognitions for nursing professionals in India
• Awardees were selected from States, Union Territories, and various institutions across the country
  
  
  

19)Answer: E

Short Explanation:

• All India Football Federation and the Department of Sports and Youth Services, Government of Odisha, have signed a five-year Memorandum of Understanding (MoU) to expand their elite youth football development partnership
• The MoU was signed by Vijay Yeddula and M. Satyanarayan in the presence of Syed Sabir Pasha

Detailed Explanation:

• All India Football Federation and the Department of Sports and Youth Services, Government of Odisha, have signed a five-year Memorandum of Understanding (MoU) to expand their elite youth football development partnership
• The MoU was signed by Vijay Yeddula and M. Satyanarayan in the presence of Syed Sabir Pasha
• The partnership originally began in November 2023 under the All India Football Federation – Fédération Internationale de Football Association Talent Academy initiative, supported by the Fédération Internationale de Football Association Talent Development Scheme
• The renewed agreement introduces a structured framework with:
• Defined roles and responsibilities
• Governance mechanisms
• Performance benchmarks
• Financial commitments
• The initiative aims to adopt international training standards, sports science practices, and professional football pathways

 

20) Answer: D

Short Explanation:

• The Indian Air Force (IAF) conducted the “Op Sindoor Commemorative Run” for 88 hours from 07 May to 10 May 2026 in New Delhi.
• The event commemorated the first anniversary of the 88-hour successful air operations carried out by the IAF, showcasing its capability to deliver decisive and precise strikes.
• Around 600 runners from various Commands of the Indian Air Force and the Indian Army participated in the commemorative event.
• The run was flagged off on 07 May 2026 at 0105 hours by the Air Officer in Charge Administration (AOA) from India Gate.

Detailed Explanation:

• The Indian Air Force (IAF) conducted the “Op Sindoor Commemorative Run” for 88 hours from 07 May to 10 May 2026 in New Delhi.
• The event commemorated the first anniversary of the 88-hour successful air operations carried out by the IAF, showcasing its capability to deliver decisive and precise strikes.
• Around 600 runners from various Commands of the Indian Air Force and the Indian Army participated in the commemorative event.
• The run was flagged off on 07 May 2026 at 0105 hours by the Air Officer in Charge Administration (AOA) from India Gate.
• The event concluded with a flag-in ceremony by the Chief of the Air Staff (CAS) on 10 May 2026 at 1700 hours at Air Force Station New Delhi (AFND).
• The commemorative run was organised in a continuous relay format lasting for 88 hours.
• Civil authorities played an important role in organising the event, while civilian volunteers also participated enthusiastically.

 

21) Answer: C

Short Explanation:

• Council of Scientific and Industrial Research (CSIR) organised its monthly Technology Transfer Event at CSIR Headquarters, New Delhi on the occasion of National Technology Day.
• The event reaffirmed India’s commitment toward technology-led growth, innovation, and self-reliance (Aatmanirbhar Bharat).
• The programme focused on Technology Transfers by CSIR-Central Building Research Institute (CSIR-CBRI), Roorkee.
• During the event, 13 indigenous technologies developed by CSIR-CBRI were formally transferred to industries and start-ups.

Detailed Explanation:

• Council of Scientific and Industrial Research (CSIR) organised its monthly Technology Transfer Event at CSIR Headquarters, New Delhi on the occasion of National Technology Day.
• The event reaffirmed India’s commitment toward technology-led growth, innovation, and self-reliance (Aatmanirbhar Bharat).
• The programme focused on Technology Transfers by CSIR-Central Building Research Institute (CSIR-CBRI), Roorkee.
• During the event, 13 indigenous technologies developed by CSIR-CBRI were formally transferred to industries and start-ups.
• The initiative supports the national vision of Aatmanirbhar Bharat, sustainable infrastructure, and technology-driven development.
• The transferred technologies covered sectors such as fire safety, sustainable construction, infrastructure protection, energy efficiency, and advanced building materials.
• Major technologies transferred included fire-resistant transparent intumescent coating for wood and wood substitute surfaces.
  
  

22) Answer: B

Short Explanation:

• Union Minister Dr. Jitendra Singh launched two advanced AI-driven weather forecast products under the Ministry of Earth Sciences (MoES) to provide hyper-local, impact-based and decision-support weather services.
• The second product is a High Spatial Resolution Rainfall Forecast for Uttar Pradesh (pilot project) with 1-km resolution rainfall prediction up to 10 days in advance.
• The system uses AI-based downscaling techniques and integrates data from Automatic Weather Stations (AWSs), Automatic Rain Gauges (ARGs), Doppler Weather Radars, and satellite datasets.

Detailed Explanation:

• Union Minister Dr. Jitendra Singh launched two advanced AI-driven weather forecast products under the Ministry of Earth Sciences (MoES) to provide hyper-local, impact-based and decision-support weather services.
• The products were developed jointly by the India Meteorological Department (IMD), Indian Institute of Tropical Meteorology (IITM), Pune, and National Centre for Medium Range Weather Forecasting (NCMRWF).
• The first product is an AI-enabled “Forecast of Monsoon Advance over Different Parts of the Country”, which provides probabilistic monsoon forecasts up to 4 weeks in advance.
• This system is designed to support farmers across 16 States and over 3,000 sub-districts for better agricultural planning and preparedness.
• The second product is a High Spatial Resolution Rainfall Forecast for Uttar Pradesh (pilot project) with 1-km resolution rainfall prediction up to 10 days in advance.
• The system uses AI-based downscaling techniques and integrates data from Automatic Weather Stations (AWSs), Automatic Rain Gauges (ARGs), Doppler Weather Radars, and satellite datasets.

23) Answer: D

Short Explanation:

• Australian tennis legend Mal Anderson passed away at the age of 91 in Australia.
• He was born on 3 March 1935 in Theodore, Queensland,
• In 1957, he created history by becoming the first unseeded player to win the United States National Championships men’s singles title.

Detailed Explanation:

• Australian tennis legend Mal Anderson passed away at the age of 91 in Australia.
• He was born on 3 March 1935 in Theodore, Queensland,
• Mal Anderson achieved a career-high ranking of World No. 2 in international tennis.
• He began playing tennis on a dirt court and later became one of Australia’s most respected tennis players during the 1950s to 1970s.
• In 1957, he created history by becoming the first unseeded player to win the United States National Championships men’s singles title.
• He defeated fellow Australian Ashley Cooper in the final of the 1957 championship.
  
  

24) Answer: B

• Union Home Minister Amit Shah of the Ministry of Home Affairs released two books authored by Tushar Mehta
• The books titled “The Bench, the Bar, and the Bizarre” and “The Lawful and the Awful” were released at Bharat Mandapam
• The books are published by Rupa Publications India

25) Answer: A

• Mental Health Awareness Week 2026 is being observed from May 11 to May 17, 2026
• The week is organised by the Mental Health Foundation and supported by organisations like Mind and the National Health Service
• The theme for 2026 is ‘Action’, focusing on moving beyond awareness to practical steps for mental wellbeing