Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2026 of  14th & 15th 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.

 

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1) In 2026, according to the RBI’s report “Developments in India’s Balance of Payments during Q4 (January–March) FY 2025-26”, India recorded a Current Account Surplus (CAS) of how much during Q4 FY26?

(a) US$ 1.0 Billion (0.1% of GDP)

(b) US$ 4.2 Billion (0.4% of GDP)

(c) US$ 7.1 Billion (0.7% of GDP)

(d) US$ 12.0 Billion (1.2% of GDP)

(e) US$ 25.2 Billion (0.6% of GDP)

 

2) In 2026, the Reserve Bank of India (RBI) imposed a monetary penalty of ₹3.90 lakh on which company for violations of KYC Directions and Fraud Risk Management in NBFCs Directions?

(a) Repco Home Finance Limited

(b) True Credits Private Limited

(c) IIFL Samasta Finance Limited

(d) Bajaj Finance Limited

(e) Muthoot Finance Limited

 

3) In 2026, Bank of India (BOI) inaugurated a dedicated Strategic Business Branch (SBB) at which location to strengthen its Digital and Partnership-Led Financing Business?

(a) Bandra Kurla Complex, Mumbai

(b) Nariman Point, Mumbai

(c) Connaught Place, New Delhi

(d) GIFT City, Gandhinagar

(e) Salt Lake, Kolkata

4) As of 2026, according to the RBI’s Survey of Professional Forecasters (SPF), what is the projected Real GDP Growth rate for India in FY 2026-27 (FY27)?

(a) 5.8%

(b) 6.1%

(c) 6.6%

(d) 6.5%

(e) 6.9%

 

5) In 2026, consider the following statements regarding the RBI’s US Dollar–Rupee Swap Facility for External Commercial Borrowings (ECBs):

1. The facility is available to PSUs and AD Category-I Banks raising Overseas Foreign Currency Borrowings (OFCBs).
2. Eligible borrowings must have a minimum maturity period of 3 years.
3. The swap carries a fixed premium of 1.5% per annum, compounded semi-annually.

Which of the above statements is correct?

(a) Only Statement 1 is correct

(b) Only Statements 1 and 2 are correct

(c) Only Statements 2 and 3 are correct

(d) All Statements are Correct

(e) None of the Statements are Correct

 

6) In 2026, regarding the RBI’s Swap Window for Fresh FCNR(B) Deposits, which of the following statements is INCORRECT?

(a) The swap window is available for fresh FCNR(B) deposits mobilised between 8 June 2026 and 30 September 2026.

(b) Eligible FCNR(B) deposits must have a maturity period ranging from 3 years to 5 years.

(c) Deposits can be mobilised in any freely convertible currency.

(d) The swap facility with RBI is available only in US Dollars.

(e) The deposits can be prematurely withdrawn at any time without any lock-in period.

 

7) In 2026, India had earlier planned a pilot project to introduce ₹10 Polymer Banknotes in selected cities in which year?

(a) 2012

(b) 2010

(c) 2011

(d) 2014

(e) 2016

 

8) In 2026, Air India launched its first “Easy Connect” flights under the Government of India’s hub-and-spoke aviation model from which city?

(a) Lucknow

 (b) Varanasi

(c) Jaipur

(d) Indore

(e) Bhubaneswar

 

9) In 2026, who was present at the launch of Assam’s first “Blue Valley Cluster”, an industrial hub focused on flavours, fragrances, and AYUSH?

(a) Ursula von der Leyen

(b) Charles Michel

(c) Hervé Delphin

(d) Josep Borrell

(e) Kaja Kallas

 

10) In 2026, the Government of Andhra Pradesh launched the statewide yoga promotion campaign “Yogandhra-2026” at which location?

(a) Tirumala Temple, Tirupati

(b) Kanaka Durga Temple, Vijayawada

(c) Veerabhadra Swamy Temple, Lepakshi

(d) Simhachalam Temple, Visakhapatnam

(e) Srisailam Temple, Nandyal

 

11) In 2026, the University of New South Wales (UNSW) received approval to establish its India campus, UNSW Bengaluru, at which location?

(a) Electronic City, Bengaluru

(b) Whitefield, Bengaluru

(c) HITEC City, Hyderabad

(d) GIFT City, Gandhinagar

(e) Manyata Business Park, Bengaluru

12) In 2026, who was appointed by the Government of India as the Next Chief of the Army Staff (COAS), effective from 30 June 2026?

(a) Lieutenant General Pushpendra Singh

(b) Lieutenant General NS Raja Subramani

(c) Lieutenant General MV Suchindra Kumar

(d) Lieutenant General Dhiraj Seth

(e) Lieutenant General RC Tiwari

13) In 2026, who was nominated by the Central Government as a Director on the Central Board of the Reserve Bank of India (RBI) with effect from 11 June 2026?

(a) Nagaraju Maddirala

(b) Tuhin Kanta Pandey

(c) Sanjay Malhotra

(d) Sanjay Lohiya

(e) M. Nagaraju

14)  In 2026, the first batch of women cadets trained at the National Defence Academy (NDA) joined the NDA as part of which course?

(a) 146th Course

(b) 147th Course

(c) 148th Course

(d) 149th Course

(e) 150th Course

 

15) In 2026, who reviewed the Passing Out Parade (POP) of Batch 01/26 at INS Chilka as the Chief Guest?

(a) Vice Admiral Sanjay Vatsayan

(b) Vice Admiral Krishna Swaminathan

(c) Admiral Dinesh K. Tripathi

(d) Commodore B Deepak Aneel

(e) Admiral R. Hari Kumar

16) In 2026, according to the Global Peace Index (GPI) 2026, which of the following countries was ranked as the most peaceful, and which was ranked as the least peaceful country in the world, respectively?

(a) Iceland and Russia

(b) New Zealand and Sudan

(c) Switzerland and Yemen

(d) Ireland and Afghanistan

(e) Slovenia and Ukraine

 

17) In 2026, Assam and Nagaland signed a tripartite MoU for the joint exploration and production of crude oil and natural gas along their shared border. Under the agreement, revenue generated from extraction will be shared in what ratio between the two states?

(a) 60:40

(b) 70:30

(c) 55:45

(d) 50:50

(e) 75:25

 

18) In 2026, how many technology companies were empanelled by the Ministry of Electronics and Information Technology (MeitY) through the National e-Governance Division (NeGD) to develop and deploy AI, ML, and Data Science solutions across government departments?

(a) 4

(b) 5

(c) 6

(d) 8

(e) 10

 

19) In 2026, Vaibhav Sooryavanshi became the youngest player ever selected for the Indian men’s cricket team at what age?

(a) 14 years and 250 days

(b) 15 years and 71 days

(c) 15 years and 205 days

(d) 16 years and 71 days

(e) 16 years and 205 days

 

20) In 2026, World Blood Donor Day was observed globally on which date?

(a) 14 June

(b) 8 May

(c) 7 April

(d) 1 July

(e) 29 September

 

21) In 2026, the first Wind Day (now observed as Global Wind Day) was organised by the European Wind Energy Association (EWEA) in which year?

(a) 2005

(b) 2006

(c) 2009

(d) 2008

(e) 2007

 

22) In 2026, World Elder Abuse Awareness Day (WEAAD) was observed globally on which date?

(a) 1 June

(b) 5 June

(c) 12 June

(d) 15 June

(e) 21 June

 

23) As of 2026, who is the Managing Director & CEO of Bank of India (BOI)?

(a) Challa Sreenivasulu Setty

(b) Rajneesh Karnatak

(c) Debadatta Chand

(d) A. Manimekhalai

(e) Swarup Kumar Saha

 

24) In 2026, the RBI's exemption of fresh FCNR(B) deposits mobilised under the special scheme from Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) requirements will remain valid until which date?

(a) 30 June 2026

(b) 31 July 2026

(c) 31 August 2026

(d) 30 September 2026

(e) 16 October 2026

25) In 2026, polymer banknotes, now used by more than 60 countries worldwide, were first introduced by which country in 1988?

(a) Canada

(b) United Kingdom

(c) Singapore

(d) New Zealand

(e) Australia

 

Answers:

1) Answer: C

Short Explanation:

India recorded a Current Account Surplus (CAS) of US$ 7.1 Billion, equivalent to 0.7% of GDP, during the Fourth Quarter (Q4: January–March) of FY 2025-26.

This marks a significant improvement from the Current Account Deficit (CAD) of US$ 13.2 Billion recorded in the previous quarter.

The surplus was primarily driven by Strong Growth in Services Exports and a substantial increase in Remittances from Indians Working Abroad.

Detailed Explanation:

India recorded a Current Account Surplus (CAS) of US$ 7.1 Billion, equivalent to 0.7% of GDP, during the Fourth Quarter (Q4: January–March) of FY 2025-26.

This marks a significant improvement from the Current Account Deficit (CAD) of US$ 13.2 Billion recorded in the previous quarter.

The surplus was primarily driven by Strong Growth in Services Exports and a substantial increase in Remittances from Indians Working Abroad.

According to the Reserve Bank of India (RBI) report titled “Developments in India’s Balance of Payments during the Fourth Quarter (January–March) of 2025-26”, Net Services Receipts increased to US$ 60.4 Billion in Q4 FY26 from US$ 53.3 Billion in the corresponding quarter of the previous year.

Despite the current account surplus, India’s Merchandise Trade Deficit widened sharply to US$ 83.4 Billion in Q4 FY26 from US$ 59.3 Billion a year earlier due to higher imports.

For the entire FY 2025-26, India’s Current Account Deficit (CAD) stood at US$ 25.2 Billion, equivalent to 0.6% of GDP, compared to US$ 22.9 Billion in FY25.

Foreign Direct Investment (FDI) recorded a Net Inflow of US$ 4.2 Billion during Q4 FY26.

On an annual basis, Net FDI Inflows increased significantly to US$ 6.9 Billion in FY26, compared to US$ 1.0 Billion in FY25.

Foreign Portfolio Investment (FPI) witnessed a Net Outflow of US$ 12.0 Billion during Q4 FY26.

 

2) Answer: C

Short Explanation:

The Reserve Bank of India (RBI) imposed a Monetary Penalty of ₹3.90 Lakh on IIFL Samasta Finance Limited for violations of Know Your Customer (KYC) Directions and Fraud Risk Management in NBFCs Directions.

RBI found that IIFL Samasta Finance Limited failed to implement a Robust Software System for effective identification and reporting of Suspicious Transactions.

The company also failed to disclose the Correct Details of Frauds reported during FY 2024-25 in its Financial Statements (Notes to Accounts).

Detailed Explanation:

The Reserve Bank of India (RBI) imposed a Monetary Penalty of ₹3.90 Lakh on IIFL Samasta Finance Limited for violations of Know Your Customer (KYC) Directions and Fraud Risk Management in NBFCs Directions.

RBI found that IIFL Samasta Finance Limited failed to implement a Robust Software System for effective identification and reporting of Suspicious Transactions.

The company also failed to disclose the Correct Details of Frauds reported during FY 2024-25 in its Financial Statements (Notes to Accounts).

RBI imposed a separate Penalty of ₹3.10 Lakh on True Credits Private Limited for Non-Compliance with KYC Regulations.

True Credits Private Limited failed to carry out Enhanced Due Diligence (EDD) for certain customers onboarded through Non-Face-to-Face Modes, as mandated under RBI’s KYC Directions.

RBI also imposed a Penalty of ₹70,000 on Repco Home Finance Limited for violating Fair Practice Code (FPC) Guidelines.

 

3) Answer: B

Short Explanation:

Bank of India (BOI) inaugurated a dedicated Strategic Business Branch (SBB) at Nariman Point, Mumbai, Maharashtra to strengthen its Digital and Partnership-Led Financing Business.

The newly launched Strategic Business Branch (SBB) will function as a specialized hub for Innovative Financing Solutions and strategic business partnerships.

The branch will focus on major financing segments such as Pool Buyout, Co-Lending, Trade Receivables Discounting System (TReDS), and Supply Chain Finance.

Detailed Explanation:

Bank of India (BOI) inaugurated a dedicated Strategic Business Branch (SBB) at Nariman Point, Mumbai, Maharashtra to strengthen its Digital and Partnership-Led Financing Business.

The newly launched Strategic Business Branch (SBB) will function as a specialized hub for Innovative Financing Solutions and strategic business partnerships.

The branch will focus on major financing segments such as Pool Buyout, Co-Lending, Trade Receivables Discounting System (TReDS), and Supply Chain Finance.

The initiative is aimed at enhancing collaboration with Non-Banking Financial Companies (NBFCs), Fintech Companies, Corporates, and Micro, Small and Medium Enterprises (MSMEs).

The dedicated branch is expected to improve access to Technology-Driven Financial Solutions and support the evolving financing requirements of businesses.

According to BOI, the Strategic Business Branch will act as a Centre of Excellence for Partnership-Led Financing, promoting sustainable business growth.

The branch will help enhance Scalability, Portfolio Monitoring, and Operational Efficiency while ensuring strong Governance and Risk Controls.

 

4) Answer: D

Short Explanation:

The Reserve Bank of India (RBI) Survey of Professional Forecasters (SPF) projected India’s Real GDP Growth at 6.5% for FY 2026-27 (FY27).

The SPF GDP Growth Forecast of 6.5% is slightly lower than the RBI’s Official Projection of 6.6% for FY27.

The survey projected Consumer Price Index (CPI) Inflation at 4.9% for FY27, indicating a relatively optimistic inflation outlook.

The SPF Inflation Forecast of 4.9% is lower than the RBI’s CPI Inflation Projection of 5.1% for FY27.

Detailed Explanation:

The Reserve Bank of India (RBI) Survey of Professional Forecasters (SPF) projected India’s Real GDP Growth at 6.5% for FY 2026-27 (FY27).

The SPF GDP Growth Forecast of 6.5% is slightly lower than the RBI’s Official Projection of 6.6% for FY27.

The survey projected Consumer Price Index (CPI) Inflation at 4.9% for FY27, indicating a relatively optimistic inflation outlook.

The SPF Inflation Forecast of 4.9% is lower than the RBI’s CPI Inflation Projection of 5.1% for FY27.

For FY 2027-28 (FY28), the survey projected GDP Growth at 6.9% and CPI Inflation at 4.5%.

According to the survey, the Highest Probability assigned by professional forecasters is for GDP Growth to remain in the range of 6.5%–6.9% during both FY27 and FY28.

The Current Account Deficit (CAD) is projected at 2.1% of GDP in FY27, higher than the previous estimate of 1.5% of GDP.

For FY28, the Current Account Deficit (CAD) is expected to moderate to 1.2% of GDP.

5) Answer: D

Short Explanation:

The ECB Swap Facility is available to Public Sector Undertakings (PSUs) and Authorised Dealer Category-I (AD Category-I) Banks raising Overseas Foreign Currency Borrowings (OFCBs).

Eligible borrowings must have a Minimum Maturity Period of 3 Years.

Under the facility, banks can Sell US Dollars to RBI and Repurchase Them at the End of the Swap Period.

The swap carries a Fixed Premium of 1.5% Per Annum, compounded Semi-Annually.

The Maximum Swap Tenor is 5 Years, aligned with the repayment schedule of the borrowing.

The operations will be overseen by RBI’s Financial Markets Operations Department (FMOD).

Detailed Explanation:

US Dollar–Rupee Swap Facility for ECBs

The ECB Swap Facility is available to Public Sector Undertakings (PSUs) and Authorised Dealer Category-I (AD Category-I) Banks raising Overseas Foreign Currency Borrowings (OFCBs).

Eligible borrowings must have a Minimum Maturity Period of 3 Years.

The facility will remain open until 15 January 2027, covering eligible drawdowns and inflows received up to 31 December 2026.

The scheme also covers the Undrawn Portions of Existing ECBs, but excludes borrowings raised for Refinancing and those containing Embedded Options.

Under the facility, banks can Sell US Dollars to RBI and Repurchase Them at the End of the Swap Period.

The swap carries a Fixed Premium of 1.5% Per Annum, compounded Semi-Annually.

The Maximum Swap Tenor is 5 Years, aligned with the repayment schedule of the borrowing.

The operations will be overseen by RBI’s Financial Markets Operations Department (FMOD).

6) Answer: E

Short Explanation:

RBI has also launched a Swap Window for Fresh FCNR(B) Deposits mobilised between 8 June 2026 and 30 September 2026.

The facility will remain available until 16 October 2026.

Eligible FCNR(B) Deposits must have a maturity period ranging from 3 Years to 5 Years.

The deposits will have a One-Year Lock-in Period, after which premature withdrawal may be allowed.

Detailed Explanation:

RBI has also launched a Swap Window for Fresh FCNR(B) Deposits mobilised between 8 June 2026 and 30 September 2026.

The facility will remain available until 16 October 2026.

Eligible FCNR(B) Deposits must have a maturity period ranging from 3 Years to 5 Years.

Deposits can be mobilised in Any Freely Convertible Currency, but the swap facility with RBI is available only in US Dollars.

Banks must convert non-dollar deposits into Equivalent US Dollar Amounts using prevailing market exchange rates.

The swap will be conducted At Par using the Financial Benchmark India Private Limited (FBIL) Reference Rate for both legs of the transaction.

Each bank can access the facility Once a Week, subject to limits based on fresh deposits mobilised.

The deposits will have a One-Year Lock-in Period, after which premature withdrawal may be allowed.

7) Answer: A

Short Explanation:

Sanjay Malhotra, Governor of the Reserve Bank of India (RBI), stated that the proposal to introduce Polymer Banknotes in India is currently under consideration and is at a Preliminary Evaluation Stage.

The RBI is assessing the Advantages and Disadvantages of polymer currency before taking a final decision on its implementation.

India had earlier planned a Pilot Project in 2012 to introduce ₹10 Polymer Notes in selected cities, but the initiative was later shelved due to Technological Challenges.

Detailed Explanation:

Sanjay Malhotra, Governor of the Reserve Bank of India (RBI), stated that the proposal to introduce Polymer Banknotes in India is currently under consideration and is at a Preliminary Evaluation Stage.

The RBI is assessing the Advantages and Disadvantages of polymer currency before taking a final decision on its implementation.

Polymer Banknotes are made from a Flexible Plastic Substrate and are considered more Durable, Long-Lasting, and Counterfeit-Resistant than traditional paper notes.

At present, Indian Banknotes are printed on paper made from 100% Cotton, which has been the standard material for currency production in India.

Despite the rapid growth of digital payments, Cash continues to remain a widely preferred mode of payment for many people across India.

India had earlier planned a Pilot Project in 2012 to introduce ₹10 Polymer Notes in selected cities, but the initiative was later shelved due to Technological Challenges.

8) Answer: B

Short Explanation:

Air India has launched its first “Easy Connect” flights under the Government of India’s hub-and-spoke aviation model, with services from Varanasi scheduled to commence on 25 June 2026.

The Easy Connect service aims to simplify international travel for passengers from Tier 2 and Tier 3 cities by allowing them to complete baggage check-in and immigration formalities at their departure airport before connecting through a major hub airport.

Detailed Explanation:

Air India has launched its first “Easy Connect” flights under the Government of India’s hub-and-spoke aviation model, with services from Varanasi scheduled to commence on 25 June 2026.

The Easy Connect service aims to simplify international travel for passengers from Tier 2 and Tier 3 cities by allowing them to complete baggage check-in and immigration formalities at their departure airport before connecting through a major hub airport.

Under the hub-and-spoke model, cities like Varanasi act as ‘spokes’ connected to hub airports such as Delhi, enabling passengers to access Air India’s international network through coordinated flight schedules and seamless transit processes.

The designated Easy Connect flight from Varanasi to Delhi will operate daily as flight AI1111.

The flight schedule has been aligned to provide onward international connectivity within 4 hours to 17 international destinations across Europe, Southeast Asia, and West Asia.

 

9) Answer: C

Short Explanation:

Assam’s first “Blue Valley Cluster”, an industrial hub focused on flavours, fragrances, and AYUSH, was launched in the presence of the Ambassador of the European Union (EU) to India, Hervé Delphin, and Assam Chief Minister Himanta Biswa Sarma.

AYUSH stands for Ayurveda, Yoga and Naturopathy, Unani, Siddha, and Homoeopathy.

The Blue Valley Cluster is led by the Government of Assam and aligns with the priorities outlined in the EU-India Comprehensive Strategic Agenda, adopted during the EU-India Summit held in January 2026.

Detailed Explanation:

Assam’s first “Blue Valley Cluster”, an industrial hub focused on flavours, fragrances, and AYUSH, was launched in the presence of the Ambassador of the European Union (EU) to India, Hervé Delphin, and Assam Chief Minister Himanta Biswa Sarma.

AYUSH stands for Ayurveda, Yoga and Naturopathy, Unani, Siddha, and Homoeopathy.

The Blue Valley Cluster is led by the Government of Assam and aligns with the priorities outlined in the EU-India Comprehensive Strategic Agenda, adopted during the EU-India Summit held in January 2026.

The initiative aims to promote inclusive livelihoods, skill development, and employment generation, while strengthening Assam’s role as a strategic gateway for sustainable trade, investment, and innovation partnerships between Northeast India and Europe.

To strengthen business cooperation, the Assam Industrial Development Corporation Ltd (AIDC) and the Federation of European Businesses in India (FEBI) signed a Memorandum of Understanding (MoU).

10) Answer: C

Short Explanation:

The Government of Andhra Pradesh launched “Yogandhra-2026”, a statewide yoga promotion and awareness campaign, at the Veerabhadra Swamy Temple premises in Lepakshi, Sri Sathya Sai district.

The 14-day programme is being organised from 7 June to 20 June 2026 and will culminate with a grand celebration of International Yoga Day on 21 June 2026 in Amaravati with mass participation.

The campaign is being conducted across all 28 districts of Andhra Pradesh with a target to involve 1 crore (10 million) participants.

Online registrations for the campaign began on the Yogandhra Portal on 7 June 2026.

Detailed Explanation:

The Government of Andhra Pradesh launched “Yogandhra-2026”, a statewide yoga promotion and awareness campaign, at the Veerabhadra Swamy Temple premises in Lepakshi, Sri Sathya Sai district.

The 14-day programme is being organised from 7 June to 20 June 2026 and will culminate with a grand celebration of International Yoga Day on 21 June 2026 in Amaravati with mass participation.

The campaign is being conducted across all 28 districts of Andhra Pradesh with a target to involve 1 crore (10 million) participants.

Online registrations for the campaign began on the Yogandhra Portal on 7 June 2026.

The portal recorded 25,000 registrations on the first day, while the total registrations crossed 5 lakh within three days of launch.

Guntur district recorded the highest registrations with 98,000 participants, followed by Nellore, Nandyal, Kurnool, and Palnadu districts.

 

11) Answer: E

Short Explanation:

The Ministry of Education (MoE) has issued 3 Letters of Approval (LoAs) to three globally reputed Foreign Higher Education Institutions (FHEIs)—University of Bristol, University of York, and University of New South Wales (UNSW)—to establish campuses in India.

The University of New South Wales (UNSW) will establish UNSW Bengaluru at Manyata Business Park, Bengaluru, scheduled to open from August 2026.

Detailed Explanation:

The Ministry of Education (MoE) has issued 3 Letters of Approval (LoAs) to three globally reputed Foreign Higher Education Institutions (FHEIs)—University of Bristol, University of York, and University of New South Wales (UNSW)—to establish campuses in India.

The University of Bristol will establish its Mumbai Enterprise Campus, offering programmes in Immersive Arts, Finance, Data Science, Economics, Business Management, Entrepreneurship, and Innovation.

The University of York will establish its first overseas campus in Mumbai, with proposed courses in Finance, Computer Science with Artificial Intelligence (AI), Cyber Security, Business, Economics, Creative Industries, and Management.

The University of New South Wales (UNSW) will establish UNSW Bengaluru at Manyata Business Park, Bengaluru, scheduled to open from August 2026.

The UNSW Bengaluru campus will offer programmes in Business, Computer Science, and Cyber Security, and support collaboration in renewable energy, health, transport, and education sectors.

12) Answer: D

The Government of India (GoI) has appointed Lieutenant General Dhiraj Seth as the Next Chief of the Army Staff (COAS) with effect from the afternoon of 30 June 2026.

Lieutenant General Dhiraj Seth is currently serving as the Vice Chief of the Army Staff (VCOAS).

He will succeed General Upendra Dwivedi, who is scheduled to retire on 30 June 2026.

 

13) Answer: D

Short Explanation:

The Central Government has nominated Sanjay Lohiya as a Director on the Central Board of the Reserve Bank of India (RBI), with effect from 11 June 2026.

Sanjay Lohiya was appointed in place of Nagaraju Maddirala, who retired as Secretary, Department of Financial Services (DFS) on 31 May 2026.

Detailed Explanation:

The Central Government has nominated Sanjay Lohiya as a Director on the Central Board of the Reserve Bank of India (RBI), with effect from 11 June 2026.

Sanjay Lohiya was appointed in place of Nagaraju Maddirala, who retired as Secretary, Department of Financial Services (DFS) on 31 May 2026.

The Government has also nominated Sanjay Lohiya as a Director on the Central Board of the State Bank of India (SBI), with immediate effect and until further orders.

He is currently serving as Secretary, Department of Financial Services (DFS), Ministry of Finance, and assumed charge on 1 June 2026.

 

14) Answer: C

Short Explanation:

The First Batch of Women Cadets Trained at the National Defence Academy (NDA) has been Commissioned as Officers in the Indian Defence Forces, marking a historic milestone in Women’s Participation in Military Service.

A total of 17 Women Cadets joined the NDA in August 2022 as part of the 148th Course and successfully completed their Pre-Commission Training at their respective Service Academies.

In the Indian Army, 9 Women Officers were commissioned during the Passing Out Parade of the 158th Regular Course held at the Indian Military Academy (IMA), Dehradun, Uttarakhand on 13 June 2026.

Detailed Explanation:

The First Batch of Women Cadets Trained at the National Defence Academy (NDA) has been Commissioned as Officers in the Indian Defence Forces, marking a historic milestone in Women’s Participation in Military Service.

A total of 17 Women Cadets joined the NDA in August 2022 as part of the 148th Course and successfully completed their Pre-Commission Training at their respective Service Academies.

In the Indian Army, 9 Women Officers were commissioned during the Passing Out Parade of the 158th Regular Course held at the Indian Military Academy (IMA), Dehradun, Uttarakhand on 13 June 2026.

The 158th Regular Course Passing Out Parade at IMA was reviewed by Droupadi Murmu, the President of India.

In the Indian Air Force (IAF), 5 Women Officers were commissioned during the Combined Graduation Parade of the 217th Course at the Air Force Academy, Dundigal, Hyderabad, Telangana, on 13 June 2026.

The 217th Course Combined Graduation Parade was reviewed by Rajnath Singh, the Raksha Mantri (Defence Minister).

 

15) Answer: A

Short Explanation:

INS Chilka witnessed the Passing Out Parade (POP) of Batch 01/26 on 12 June 2026, marking the successful completion of 16 Weeks of Rigorous Ab-Initio Naval Training by 3,011 Trainees.

The batch comprised 2,746 Agniveers of the Indian Navy, including 116 Women Agniveers, and 265 Naviks of the Indian Coast Guard.

The parade was reviewed by Vice Admiral Sanjay Vatsayan, Flag Officer Commanding-in-Chief (FOC-in-C), Western Naval Command, who attended as the Chief Guest.

Detailed Explanation:

INS Chilka witnessed the Passing Out Parade (POP) of Batch 01/26 on 12 June 2026, marking the successful completion of 16 Weeks of Rigorous Ab-Initio Naval Training by 3,011 Trainees.

The batch comprised 2,746 Agniveers of the Indian Navy, including 116 Women Agniveers, and 265 Naviks of the Indian Coast Guard.

The Passing Out Parade symbolized the transformation of recruits into Disciplined, Motivated, and Professionally Trained Personnel ready for naval service.

The parade was reviewed by Vice Admiral Sanjay Vatsayan, Flag Officer Commanding-in-Chief (FOC-in-C), Western Naval Command, who attended as the Chief Guest.

Commodore B Deepak Aneel, Station Commander, INS Chilka, served as the Conducting Officer of the parade.

 

16) Answer: A

Short Explanation:

The Global Peace Index (GPI) 2026 was released by the Institute for Economics and Peace (IEP), ranking 163 countries based on their levels of safety, security, ongoing conflict, and militarisation.

Iceland retained its position as the world’s most peaceful country for the 19th consecutive year.

Russia was ranked as the least peaceful country in the GPI 2026.

India ranked 127th among 163 countries with a score of 2.409, with the ranking affected by internal security challenges, regional tensions, and unrest in certain regions.

Detailed Explanation:

The Global Peace Index (GPI) 2026 was released by the Institute for Economics and Peace (IEP), ranking 163 countries based on their levels of safety, security, ongoing conflict, and militarisation.

The 2026 edition marks the 20th edition of the index and assesses countries using 23 indicators across three domains: societal safety and security, ongoing domestic and international conflict, and militarisation.

The report stated that global peacefulness declined for the 12th consecutive year, with 99 countries recording deterioration in peace levels.

The number of active state-based conflicts reached 61, the highest level recorded since World War II.

Iceland retained its position as the world’s most peaceful country for the 19th consecutive year.

TOP 5 COUNTRIES

1. Iceland
2. New Zealand
3. Switzerland
4. Slovenia
5. Ireland

Russia was ranked as the least peaceful country in the GPI 2026.

India ranked 127th among 163 countries with a score of 2.409, with the ranking affected by internal security challenges, regional tensions, and unrest in certain regions.

 

17) Answer: D

Short Explanation:

Assam and Nagaland signed a tripartite Memorandum of Understanding (MoU) for the joint exploration and production of crude oil and natural gas along their shared border.

Under the agreement, revenue generated from oil and natural gas extraction will be shared between Assam and Nagaland through a 50:50 revenue-sharing arrangement.

Detailed Explanation:

Assam and Nagaland signed a tripartite Memorandum of Understanding (MoU) for the joint exploration and production of crude oil and natural gas along their shared border.

The MoU was signed in New Delhi in the presence of Union Home Minister Amit Shah and Union Minister of Petroleum and Natural Gas Hardeep Singh Puri.

The agreement covers six hydrocarbon-rich disputed fields spread across more than 1,000 square kilometres of the Assam–Nagaland border area.

The MoU establishes a formal framework for coordinated petroleum exploration activities in regions where exploration had remained limited since the mid-1990s due to boundary disputes.

Under the agreement, revenue generated from oil and natural gas extraction will be shared between Assam and Nagaland through a 50:50 revenue-sharing arrangement

18) Answer: C

Short Explanation:

The Ministry of Electronics and Information Technology (MeitY), through the National e-Governance Division (NeGD), has empanelled Six Technology Companies to develop and deploy Artificial Intelligence (AI), Machine Learning (ML), and Data Science Solutions across government departments.

The Six Empanelled Firms are Tata Consultancy Services (TCS), NEC Corporation India, Kyndryl Solutions, Innefu Labs, CoRover, and Cactus Communications.

Detailed Explanation:

The Ministry of Electronics and Information Technology (MeitY), through the National e-Governance Division (NeGD), has empanelled Six Technology Companies to develop and deploy Artificial Intelligence (AI), Machine Learning (ML), and Data Science Solutions across government departments.

The Six Empanelled Firms are Tata Consultancy Services (TCS), NEC Corporation India, Kyndryl Solutions, Innefu Labs, CoRover, and Cactus Communications.

These companies were selected from a competitive pool of More Than 80 Participating Firms.

Other notable participants in the selection process included Deloitte, Ernst & Young (EY), Fractal Analytics, PwC, and KPMG.

The empanelment creates a Ready Pool of AI Service Providers that can be utilized by Central Ministries, State Governments, Public Sector Undertakings (PSUs), and other government agencies.

The initiative marks a significant shift from merely building AI Infrastructure to deploying AI Solutions at Scale across governance and public service sectors.

The empanelled firms will support projects related to Citizen Services, Analytics, Process Optimization, Automation, and Digital Governance.

 

19) Answer: B

Short Explanation:

Vaibhav Sooryavanshi, born on 27 March 2011 in Tajpur, Samastipur district, Bihar, became the youngest player ever selected for the Indian men’s cricket team at the age of 15 years and 71 days.

He broke the 36-year-old record of Sachin Tendulkar, who made his India debut against Pakistan in 1989 at the age of 16 years and 205 days.

Sooryavanshi was selected for India’s T20 squad for the tours of Ireland and England, and also for the Asian Games 2026.

Detailed Explanation:

Vaibhav Sooryavanshi, born on 27 March 2011 in Tajpur, Samastipur district, Bihar, became the youngest player ever selected for the Indian men’s cricket team at the age of 15 years and 71 days.

He broke the 36-year-old record of Sachin Tendulkar, who made his India debut against Pakistan in 1989 at the age of 16 years and 205 days.

Sooryavanshi was selected for India’s T20 squad for the tours of Ireland and England, and also for the Asian Games 2026.

His selection came after a remarkable IPL 2026 season with Rajasthan Royals, where he won five individual awards.

He secured the Orange Cap by scoring 776 runs in 16 matches and also won the awards for Most Valuable Player (MVP), Emerging Player of the Season, Super Striker, and Super Sixes.

 

20) Answer: A

World Blood Donor Day 2026 was observed globally on 14 June 2026 to raise awareness about the importance of safe blood and blood products and to thank voluntary, unpaid blood donors for their life-saving contributions.

The day is observed on the birth anniversary of Karl Landsteiner, who was born on 14 June 1868.

He was awarded the Nobel Prize in Physiology or Medicine in 1930 for his discovery of the ABO blood group system, which made safe blood transfusion possible.

 

21) Answer: E

Global Wind Day 2026 was observed globally on 15 June 2026 to raise awareness about the importance of wind energy and its potential to transform sustainable energy systems.

The day is celebrated every year to highlight the power of wind as a clean, renewable, and sustainable source of energy.

The first Wind Day was organised in 2007 by the European Wind Energy Association (EWEA).

 

22) Answer: D

World Elder Abuse Awareness Day (WEAAD) 2026 was observed globally on 15 June 2026 to raise awareness about elder abuse, neglect, and exploitation, and to promote the rights, dignity, and well-being of older persons.

World Elder Abuse Awareness Day was first established by the International Network for the Prevention of Elder Abuse (INPEA) in June 2006.

The day was officially recognised by the United Nations General Assembly (UNGA) in December 2011 through Resolution 66/127.

 

23) Answer: B

About Bank of India:

Founded: 1906

Headquarters: Mumbai, Maharashtra, India

Managing Director & CEO: Rajneesh Karnatak

Tagline: "Relationships Beyond Banking"

 

24) Answer: D

To encourage foreign currency inflows, RBI has exempted fresh FCNR(B) Deposits mobilised under the scheme from Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) requirements.

This exemption will remain valid until 30 September 2026.

 

25) Answer: E

Polymer Banknotes were first introduced by Australia in 1988 and are now used by More Than 60 Countries Worldwide.

The growing global adoption of polymer notes is driven by their Enhanced Security Features, Higher Durability, and Lower Long-Term Replacement Costs.